CBIC regularizes rate disputes on popcorn categories, clarifies GST rates based on ingredients and packaging, resolving ...

As regards personal income tax (PIT), 8.1 crore income tax returns (ITRs) were filed in FY24, a mere 6% of our total ...

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

The GST Council had set up the Chaudhary panel in September 2021 to streamline tax rates, resolve classification disputes, ...

The Goods and Services Tax (GST), introduced in 2017, has been good intention undone by poor implementation. How can it be reformed?

This does not influence our opinions or our ratings, which are editorially independent. Mortgage rates have been expected to decline in 2025 as the U.S. economy slows, inflation cools and the ...

The Indian government refutes claims that GST complexities hinder business operations, stating that the tax structure follows GST Council recommendations, comprising four main slabs—5%, 12%, 18%, and ...

Rule 12 of CGST Rules, 2017 specifies the registration form for the e-commerce operator. Any person required to collect tax ...

The new direct tax code or the new income tax bill announced by Finance Minister Nirmala Sitharaman in the Union Budget, is ...

Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax (GST) has significantly reduced over the years since its implementation. She ...

Additionally, the finance minister highlighted that there has been a significant decrease in GST rates, decreasing from 15.8% ...

Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax ...