The High Court ruled that the amended refund formula under Rule 89(5) is clarificatory and applies retrospectively. Earlier ...

Finance Minister Nirmala Sitharaman on Monday introduced two bills in the Lok Sabha to levy excise duty on tobacco and tobacco products, and a new cess on manufacturing of pan masala, which will ...

Finance Bill 2026 changes GST rules for Indian brokers serving FPIs, making intermediary services zero-rated exports. Experts seek clarity on SNRR payments.

The Members of Parliament (MPs) in National Council (NC) yesterday raised concerns on the legality of the adoption and proposed commencement date for the Goods and Services Tax (Amendment) Bill 2025.

Hardware dealers and other businesses are urgently requesting transitional relief for their existing inventory ahead of the January 2026 Goods and Services Tax (GST) implementation, but the finance ...