Transporters are required to carry an electronic way (or e-way) bill for any consignment that's worth more than ₹50,000 since ...

Summary: The Finance Bill 2025 presents significant updates in both direct and indirect taxes aimed at improving business ease, reducing litigation, and widening the tax base. Direct tax proposals ...

The Supreme Court ruling allowing ITC on leased properties faces uncertainty with a retrospective amendment proposed in the ...

The former Delhi Chief Minister said that a large portion of the public exchequer is spent on the loan waivers for ...

The High Court in January had ruled that GST did not apply to the transfer of leasehold rights to a third party for land ...

BENGALURU: Goods and Services Tax (GST) is crucial for revenue collection, compliance, and economic growth. The Finance Bill ...

The government's retrospective amendment to the Finance Bill 2025 overrides the Supreme Court's ruling from October 2024, ...

While the Centre is keen on doing away with the 12% GST slab, states on the rate rationalisation panel have, so far, only ...

Jammu and Kashmir Bank (J&K Bank) announced on Wednesday that it has received a Goods and Services Tax (GST) notice amounting ...

The Goods and Services Tax (GST) has been a cornerstone of fiscal reform in India. The shift to GST aimed to dismantle the complex, multilayered national tax structure and replace it with a more ...

The e-way bill is an essential compliance mechanism under the Goods and Services Tax (GST) regime in India. It ensures seamless movement of goods and prevents ...

The FM has retained the effective tax rate of most products to the pre-budget rates by balancing through the AIDCess, notes ...