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

It's been eight years of compensation cess on costly cars, tobacco and fizzy beverages. The Centre is willing to end the cess ...

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 ...

The 56th GST Council meeting is expected to take up key issues including rate rationalisation, compensation cess, and ...

Kolkata ITAT dismisses revenue's appeal against education cess deduction for AVR Storage Tank Terminals. Previous ITAT order set aside the CIT(A) decision, rendering current appeal ...

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 ...

The compensation cess currently being collected under the Goods and Services Tax (GST) framework may either be absorbed into ...

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 GST regime was sold as a simple indirect tax regime with just two or three slabs. What it looks like today is anything ...