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

Electricity & Water charges is bundled with renting, it is taxed as part of the composite supply, regardless of separate ...

When receiving payment as an employee for a second job, such as through an ad-hoc contract, the income will be categorized as ...

This section states that any taxes, duties, cesses, or fees imposed under a law other than the GST Act and charged separately by the supplier should be included in the value of taxable supply. The ...

It can happen when you do a job for a client, send them the invoice and never hear from them again (and ... They stopped paying their rent on their office and all the signage got ripped down. I’ve ...

arrested Maddi Prasad in Karnataka for allegedly being involved in a GST fraud involving bogus invoices worth ₹171.45 crore. This fraud resulted in tax evasion of ₹30.85 crore in Goods and ...

Are you a landlord who earns rental income from commercial properties? If your earnings cross a certain threshold a year, you may have to register for the Goods and Services Tax (GST) and start ...

By modernizing legacy applications, organizations can enhance rental functionality by simplifying complex processes to ...

The government is all set to roll out the newly proposed and designed Invoice Management System (IMS) under the Goods and Services Tax (GST) framework, but the industry, especially the MSME (Micro, ...

Hotels charging room rent above Rs 7,500 a day will be considered 'specified premises' from April 1, 2025. Restaurant services in such premises will attract 18% GST with input tax credit. The ...

Gold sales in India are subject to the GST (Goods ... you can rent a bank locker. Even though bank lockers are costly, they are secure. You can also buy gold in electronic form.