As India marks eight years since the launch of the Goods and Services Tax (GST), the focus now shifts to a new chapter—GST ...

Despite the prolonged anti-IDC campaign and dialogue by business leaders with relevant authorities, even reservations ...

Increasing GST rates alongside a substantial increase in specific excise duties, would reduce the health and economic burden ...

Learn about TDS Return Form 27Q for non-salary income of non-residents, including due dates, penalties, and interest on late ...

plus an additional 1 percent cess, adds Rs 1,11,903 to the bill. On top of that, road tax and registration charges amount to Rs 94,248, and insurance costs Rs 30,890. “In total, after already paying ...

With a 4% health and education cess, his final tax bill comes to Rs 16,73,100. Priyanka, meanwhile, has no tax liability on the business profit since it’s fully clubbed with Rahul’s income. After ...

The 56th GST Council meeting is expected to take up key issues including rate rationalisation, compensation cess, and compliance simplification. The meeting is set to convene in the last week of ...

GST promised simplicity. But for India’s booming packaged food sector, every seasoning, flavour, and innovation now comes ...

Understand NRI tax filing in India for FY 2024-25, including residential status, taxable income (NRO interest, rent, capital gains), TDS refunds, DTAA, and filing ...

India implemented a dual GST model consisting of Central GST (CGST), State GST (SGST), and Integrated GST (IGST) for ...

Such transfers attract a flat 30% tax (plus applicable surcharge and cess) on any gains made ... These transactions must be reported under Schedule VDA of your Indian income tax return (ITR).

FM Nirmala Sitharaman signals lower, simpler GST rates ahead; stay tuned for updates from the next GST Council meeting.