Union Budget: Tax Relief, Lower Import Duties, Rationalizing GST Rates To Boost FMCG Consumption
With consumption accounting for over 60 percent of India's GDP, boosting disposable income is critical to reviving demand ...
CBIC notifies rules for entities to get temporary GST identification number
Entities that are not required to get a GST registration but are required to make a tax payment under the GST Act provision ...
Budget 2025: Enhanced connectivity, reduction in GST rates, and sustainable transport, industry experts share their expectations
Industry experts voice expectations for the upcoming Union Budget 2025 with a focus on enhancing tourism, reducing GST rates, ...
CBIC notifies rules for entities to get temporary identification number under GST
Entities not needing GST registration but required to make tax payments can now obtain a Temporary Identification Number (TIN ...
Non-liable businesses can now get temporary identity under GST, notifies CBIC
Get temporary GST identification number, waiver of late fees for annual returns, and threshold limits for registration ...
Tax Guru2h
Amendment to CGST Rules: Temporary IDs for GST Payments
Where a person is not liable to registration under the Act but is required to make any payment under the provisions of the ...
Punjab GST mop-up surged in 3rd quarter after poor first half
The 5.97% year-on-year growth in GST mop-up in the first six months of 2024-25 was the slowest in four years, but the collection of ₹6,518.57 crore during the October-December quarter on account of be ...
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Industry status, green tourism, and input tax credit: Hospitality sector’s wish-list for Budget 2025
Prior to Union Budget 2025, stakeholders from the travel and hospitality sector put forth their demands and expectations from ...
Government waives late fee for delayed GST filings
The Central Board of Indirect Taxes and Customs (CBIC) announced a waiver of late fees for delayed filings of reconciliation ...
Budget 2025: Will tax reforms boost India's bond market?
The Indian middle class, often referred to as the backbone of the economy, is eyeing this budget for tax relief measures ...
Tougher validation process in GST filing in Phase III of mandatory harmonized system of nomenclature code
Starting from February 2025, taxpayers will need to report HSN codes in GSTR-1 and GSTR-1A forms by selecting the appropriate ...
Tax Guru2h
CBIC waived Late Fee for FORM GSTR-9C for FY 2017-18 to 2022-23
Central Tax dated 23rd January 2025, has announced a waiver of excess late fees under Section 47 of the Central Goods and ...