Budget introduces significant amendments to the CGST Act, 2017. The definition of Input Service Distributor (ISD) under Section 2(61) is revised to facilitate ITC distribution for inter-state supplies ...

The Finance Bill 2025 proposes 11 significant amendments to GST provisions, addressing anomalies and introducing new mechanisms. Effective April 2025, input tax credit (ITC) distribution by input ...

BENGALURU: Goods and Services Tax (GST) is crucial for revenue collection, compliance, and economic growth. The Finance Bill ...

Finance Minister Nirmala Sitharaman on Saturday announced changes in the Goods and Services Tax (GST) laws under the Union ...

The government’s Viksit Bharat vision is reflected in the Union Budget with a persistent focus on ‘Make in India’, export ...

Investigators have identified two main facets of the fraudulent scheme. First, a Rs 665 crore scam involving fake input tax ...

The current GST regime poses significant challenges for the real estate sector, particularly due to the lack of Input Tax Credit (ITC ... through mechanism that ensures cost neutrality. Revised ...

From demand of industry status for the sector to special push for affordable housing, the demand list is long. Builders also ...

At present, a high GST rate of around 18% on life and health insurance premiums makes plans too costly, which leads to many people potentially forgoing proper insurance coverage. But if both life and ...

The real estate sector hopes Budget 2025 will prioritize affordable housing and incentivise developers to build budget-friendly homes.