Input Tax Credit is Not Restricted if the Construction of Premises Satisfies the Functional Utility Test and is Germane to Business In the case of Chief Commissioner of Central Goods and Services Tax ...

Lawmakers will consider a bill to increase the state excise tax and wipe out the state income tax for most residents.

The Union Budget 2025-26 offers tax relief for India's middle class, signalling a potential consumption revival. However, ...

The GoM had also suggested lowering the GST rate on all individual health insurance policies to 5%, without the option of ITC ...

Also, while just 32 million taxpayers are the beneficiaries of the I-T concessions, reduction in GST rates is bound to impact almost the entire population. It would also help keep inflation in check ...

Is the tax bonanza really as big a game-changer as some pundits are claiming it to be? GST cut would have impacted us right ...

Indirect taxes are charged on goods and services, not on income or profits. These taxes are collected by businesses, such as ...

President Donald Trump's tariffs on America's three largest trading partners have led to questions about how tariffs work and who pays for them when goods are imported.

If you are selling items online as a small business owner, you may end up having to pay taxes on the amount you earn. But ...

According to a recent exchange filing, IndiGo’s parent firm, InterGlobe Aviation, has received demand orders for goods and services tax (GST) of ₹116 crore. The airline is challenging these rulings in ...

Tariffs on Canadian lumber, drywall from China and Canada, and pressed steel and aluminum from China challenged homebuilders ...

While Vietnam’s e-commerce sector continues to expand, tax collection remains a challenge. Authorities are now pushing for ...