Sandeep Tandon, CIO of Quant Mutual Fund, believes assertive body language from PM Modi indicates determination to boost consumption. He expects a focus on consumption, renewable energy, and ...

A new Budget amendment necessitates suppliers to ensure buyers reverse input tax credits (ITC) before claiming adjustments ...

A ministerial panel is considering a 5% GST with input tax credit on term insurance plans. The panel, headed by Bihar deputy ...

The need of the hour is to expand the tax base because in a country of 140 crore, 3 crore is already abysmally low and it ...

It simplies the country’s income tax law to make it easier to grasp, enhance compliance and reduce litigation. While it makes ...

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 taxability of such services is governed by Rule 28 of the CGST Rules. Amendments were introduced in October 2023 4 to treat the issuance of intra-group corporate guarantees as taxable service and ...

HOW WILL THIS MOVE BENEFIT PATIENTS ... Anti-cancer drugs pose a significant financial burden on Indian patients. In July ...

A GST regime with uniform rates—based on clear statistical data—within every broad category would enhance fairness, reduce litigation and also improve the ease of doing business in India.

For her, the three major areas the government needs to focus on are taxation, R&D incentives, and public-private partnerships (PPPs).

The potential GST inclusion could benefit the civil aviation industry ... On international relations, Puri discussed India’s energy partnerships, highlighting a recent deal with Qatar extending ...

India’s gross Goods and Services Tax (GST) collections rebounded sharply in January, rising 12.3% from December’s weak 7.3% uptick, to hit their second highest monthly tally of ₹1,95,506 ...