GST Council’s next meeting may ease compliance, address ITC refund issues, include electricity & gas under GST, and propose ...

The American Institute of CPAs asked officials in the Treasury Department and the Internal Revenue Service for changes in the final regulations governing generation-skipping transfer tax exemptions.

According to Nasscom, the prevailing GST regulations are creating unnecessary tax implications for IT companies by ...

New Delhi: Starting October 1, new rules will come into effect that will impact businesses and the general public. These changes are related to GST, NPS, UPI, online gaming, and railway bookings. Some ...

November 30, 2024, is the last date to claim any pending input tax credit (ITC) or amend any errors or omissions in compliance with the Goods and Services Tax (GST) rules and regulations for FY ...

The finance ministry on Tuesday issued clarifications on input tax credit rules under the revised GST framework effective September 22, tightening provisions for insurers, hotels and select service ...

Indian businesses welcomed the new GST rules effective from September 22, which coincides with the start of Navratri on Monday. Suresh Saini, the General Secretary of the Jaipur Business Federation ...

Learn how India’s GST applies to contract employees, covering key differences like salaries, applicable tax rates, ITC rules, ...

The Setting Every Community Up for Retirement Act of 2019 (the SECURE Act) changed the distribution rules for beneficiaries ...

The Madras High Court ruled that a GST summary demand order in Form DRC-07 is invalid if the mandatory show-cause notice in Form DRC-01 was not issued first, even if a preliminary notice (DRC-01A) was ...