Businesses with a turnover of less than $75,000 are given the choice of registering for GST because if a business is spending ...

For the first time, Victoria shifts to become a relative beneficiary in a new carve-up of the GST, and will receive a "significant" $3.7 billion increase to its GST take.

arrested an industrialist from Ambad for evading GST by availing excess input tax credit (ITC) of over Rs 25.2 crore. Officials of anti-evasion branch said that the industrialist was arrested on ...

but the tax officer reassessed it as Rs 84.17 crore and denied him foreign tax credit (FTC) for taxes paid in the UK. Listen to Story Shah Rukh Khan wins tax case as ITAT gave ruling in his favour The ...

DANNY Jones' wife has issued a "final warning" after a new clip of her husband and Maura Higgins at a hotel was revealed. In new footage, the pair are seen gazing at each other at the five-star ...

Fake input tax credit (ITC) claims detection by central GST officers increased 51 per cent to Rs 36,374 crore in 2023-24, Parliament was informed on Monday. Minister of State for Finance Pankaj ...

Goods and Services Tax (GST) Council is in the final stages of reviewing GST structure and a reduction of the levy would happen soon, union finance minister Nirmala Sitharaman, who chairs the ...

The Goods and Services Tax (GST) framework in India includes various mechanisms to ensure seamless tax credit flow across different branches of a business. One such mechanism is the Input Service ...

The Federal Board of Revenue (FBR) has directed Pakistan Revenue Automation Limited (PRAL) to remove the check to allow input tax adjustment in the sales tax returns to 21 companies paid on behalf ...

so you can claim the appropriate business percentage of that expense when you come to complete your tax return You can’t claim a deduction for home-to-work travel. This is regarded as private ...