This reduction rather than a complete waiver in GST on gross insurance premium will be beneficial for both policyholders as ...

The Government of India has made a lot of changes in the rules of Goods and Services Tax. Under this, the Input Service ...

Due to a reduction in the GST rate, the government treasury may get a reduction of Rs 36000 crore. However, the final ...

The 13-member GoM in its report submitted to the GST Council in December had recommended a GST exemption for premiums paid on ...

The Input Service Distribution (ISD) mechanism will enable businesses with branches in multiple states to consolidate ...

The Input Tax Credit (ITC) allows you to claim credit for the GST paid on business-related purchases. Whether it is raw ...

The government is introducing the Input Service Distributor (ISD) system from April 1, 2025, to improve tax collection on ...

The GST Council has asked the Insurance Regulatory and Development Authority of India (IRDAI) to provide recommendations on ...

Freelancers and small business owners may find GST registration more complex than anticipated. Requests for additional ...

The Madras High Court addressed a writ petition filed by JC Valvulas India Private Limited, challenging an assessment order from the Commercial Tax Officer. The core issue revolved around the ...

Increase in ITC fraud cases and amount detected in current fiscal, with measures taken to prevent tax evasion.