The Goods and Service Tax Act was passed in the Parliament on 29th March 2017 and came into effect on 1st July 2017. In other words, Good and Service Tax (GST) is levied on the supply of goods and ...

This section states that any taxes, duties, cesses ... 4.3 In terms of sub-section (1) of section 9 of the GST Act, tax in levied inter alia on the value determined under section 15 of the said Act.

While renting out residential properties remains tax-exempt, commercial leasing comes with specific GST rules that every professional landlord must understand. As a professional landlord in India ...

The rationale of income-tax relief for the middle-class should be extended to this sector. Sitharaman said that the ministerial group set up by the GST Council has done excellent work, which is in ...

A tax expert says changes to the tax system must not stand in the way of economic growth. A UN committee is calling on countries to ensure tax policies are being applied proportionally to the ...

Billed as $4 plus GST every four weeks ... anyone making less than $177,882 would not pay taxes on the first $19,500 they earn, saving them about $505 annually. For context, in the 2025 tax ...

The Montana Senate on Thursday advanced a proposal that seeks to reallocate tens of millions of dollars of recreational marijuana taxes the state collects annually. Senate Bill 307, proposed by Sen.

S Sriram and Dinesh Kukreja of Lakshmikumaran and Sridharan examine the tax consequences of foreign business reorganisations ...

GST: The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common ...

The Input Service Distribution (ISD) mechanism will enable businesses with branches in multiple states to consolidate ...