The CII also flagged the need for relaxations in input tax credit norms, highlighting how current restrictions are straining ...

In a move to fast-track the next phase of Goods and Services Tax (GST) reforms, Finance Minister Nirmala Sitharaman is set to ...

Chennai-based Zoho enterprise is offering its GST compliance software, Zoho Books, to Small and Medium Enterprises (SMEs) free of cost to help manage their accounting and taxes, and stay compliant ...

But the moment you register, you must stay compliant, every single month. And even if your association isn’t registered with the Cooperative department, GST applies if you meet the criteria ...

The PAC has recommended that the Ministry implement a simplified GST compliance framework especially designed for MSMEs to fast-track and automate return filing and refund processing. This should ...

These modifications cover a wide range of topics, including data charges, visa procedures, and GST. Here's a sneak peek at the major changes affecting your budget and planning beginning January 1 ...

The council emphasised that circulars will be issued to address ambiguities and disputes in GST compliance. Finance Minister Nirmala Sitharaman hailed these reforms as steps towards simplifying ...

The Fitment Committee, comprising of state and centre revenue officials has deferred its decision regarding Goods and Services Tax (GST) compliance issues for Foreign Shipping Lines (FSLs ...

“The related-party transaction is currently taxable at 18 percent under GST, and the compliance requirements are very stringent for foreign companies. To improve the ease of doing ...

(Freepik) The Goods and Services Tax (GST) Council on Saturday announced several steps to ease the compliance burden of taxpayers and reduce litigation, tweaked the rates for a few items and set a ...