A politician has warned the planned introduction of a goods and services tax (GST) is likely to be set at 8% and not 5%.

The council was expected to meet this month but now the meeting has been moved to align with Union finance minister Nirmala ...

The GST Council is likely to consider lowering the tax rate on certain insurance plans, including potentially eliminating the ...

The 55th GST Council meeting would be held during one of these two days in which the much awaited decision on exemption or ...

Union Finance Minister Nirmala Sitharaman is scheduled to meet with state finance ministers for pre-budget discussions and ...

Shares of FirstCry’s parent Brainbees Solutions slumped over 5% to hit an all-time low at INR 534.20 apiece on Monday ...

Last chance for businesses to claim pending ITC under GST mechanism before November 30 deadline. Be vigilant for new changes.

Union of India, the Calcutta High Court ruled that GST proceedings are not invalidated simply because a Show Cause Notice ...

Union Finance Minister Nirmala Sitharaman is set to meet with state finance ministers on December 21-22 for pre-Budget discussions and a meeting of the Goods and Services Tax (GST) Council, reports ...

Madras High Court remanded the matter back for reconsideration with condition to remit 5% of disputed tax demand since the tax proposal was confirmed because the tax payer did not appear for the ...

The GST department has launched a crackdown on more than 1,000 suspicious firms in Madhya Pradesh, unveiling tax evasion worth Rs 124 crore and freezing Input Tax Credit (ITC) worth Rs 25 crore.

The new Invoice Management System (IMS) in the GST portal is designed to significantly reduce Input Tax Credit (ITC) discrepancies and associated litigation risks. Set to launch on November 14, 2024, ...