Prime Minister Mark Carney has announced the GST applied to home sales worth up to $1 million will be eliminated.

Currently, different types of drones attract varying GST rates based on their classification under different Harmonized ...

Prime Minister Mark Carney says his government will scrap the GST for first-time homebuyers who purchase a home with a sale price at or below $1 million. Carney promised the measure during his ...

The recent Notification No. 25/2024-Central Tax, issued on October 9, 2024, has expanded the applicability of GST TDS on metal scrap. Many businesses are now required to deduct 2% GST TDS when ...

NSO to use GST data for more accurate GDP estimates in new series, improving private consumption measurement and reducing GDP ...

The GST Council may finalise relief on life and health insurance at its next meeting, with states showing consensus on the ...

Prime Minister Mark Carney is promising relief for first-time homebuyers by eliminating the GST on homes priced at $1 million ...

Prime Minister Mark Carney says his government will scrap the GST for first-time homebuyers who purchase a home with a sale ...

The government is introducing the Input Service Distributor (ISD) system from April 1, 2025, to improve tax collection on ...

Canada is in a housing crisis – demand has gone up, supply has not kept pace, and prices are too high. The new government of ...

Rule 86B was introduced under the GST regime to curb fake invoicing practices. It mandates that: “Notwithstanding anything contained in these rules, the registered person shall not use the amount ...

The Input Tax Credit (ITC) allows you to claim credit for the GST paid on business-related purchases. Whether it is raw ...