Shashi Tharoor argued that the government's reforms lacked clarity and failed to address deep-rooted structural challenges.

To be eligible for the Composition Scheme under GST, a business must meet certain conditions. First one is no Inter-State Sales which means the business can only sell goods or services within the same ...

Krishna (Fictional Character): Arjuna, the taxpayers should take precautions at the right time i.e., March ending, so that they can save themselves from litigations under GST. The benefit of taking ...

The Allahabad High Court has held that proceedings under section 129 of the GST Act are summary proceedings where the burden to prove the actual physical movement of goods is on the ...

VIA Taxation & Corporate Law Forum organized the 16th edition of Tax awareness program on “Making March Meaningful” for ...

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

A federal tax liability is an amount that’s owed to the government in taxes. It can include income taxes on earnings and capital gains taxes on assets. Both are based on brackets, a percentage ...

Potential rate rejig in GST Council meeting due to consistent growth in domestic collections, aiming for rationalization of tax rates.

•Increment in VAT: Value Added Tax (VAT) will increase from 7.5% to 10% by 2025, 12.5% from 2026 to 2029, and 15% from 2030 onwards. •VAT Exemptions: Essential items like food, education, and ...

The Uttar Pradesh State Industrial Development Authority has allocated 40 acres for the venture, which aims to leverage the state's large consumer market and boost local economic growth and employment ...