Could the GST, Trump's latest trade bugbear, trigger reciprocal tariffs?
Trump’s memorandum identifies value-added taxes (VATs) as a potential trade irritant that could justify reciprocal tariffs. The VAT, common in the European Union, is a type of consumption tax that is ...
Advisor.ca1d
GST break brought a lot of work but little — if any — gains for businesses
Businesses expecting to be among the biggest beneficiaries of the GST pause struggled, too. Hobby, toy and game stores saw a ...
New India Co-operative Bank crisis: RBI supersedes lender's board for 12 months
The Reserve Bank of India (RBI) on February 14 announced that it has superseded the board of directors of New India ...
Tax Guru1d
Bombay HC Allows GST Appeal Pre-Deposit Despite Lien on Bank Account
The petitioner filed the current writ petition, arguing that the lien prevented them from depositing 10% of the tax demand (Rs. 8,76,564), a mandatory pre-deposit for filing an appeal against the ...
Tax Guru1d
Improper GST Notice Service: Madras HC Orders Re-assessment with 25% Tax Payment
Jainsons Castors and Industrial Products Vs Assistant Commissioner (ST) (Madras High Court) The Madras High Court recently set aside a GST assessment order against Tvl. Jains ...
The Print1d
BJP govt in Delhi will have to deal with an impending revenue deficit. The promised freebies won’t help
Delhi has historically been in revenue surplus, but last 2 years have seen a deceleration. Subsidies & cash transfers may ...
Canada’s GST holiday is ending with mixed reviews and calls for permanency on some goods
Perhaps overlooked by Canadians amidst a heady week of U.S. President Donald Trump’s further tariff threats and 51st state rhetoric is that the two-month Goods and Services Tax (GST) and Harmonized ...
As Canada’s tax ‘holiday’ ends, small businesses say it was a ‘flop’: CFIB
The Canadian Federation of Independent Business says small businesses in the country have seen a minimal impact from the tax 'holiday.' ...
India to stay world’s fastest growing economy despite global headwinds: FM Sitharaman in Parliament
There are issues which are of global concern which also have an impact on our own budget making, pointed the Union Finance ...