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, ...

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

A larger penalty of Rs 113.02 crore was imposed by the Additional Commissioner of Central Goods & Service Tax - Delhi South ...

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 ...

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.

Two-wheeler maker Hero MotoCorp Ltd on Tuesday (February 4) said it has received two tax demand orders from the Additional ...

Gurugram, set aside a ₹5.91 crore GST demand. The ruling follows a separate ₹803 crore tax notice received in December.

Paytm parent One97 Communications has received a goods and service tax (GST) demand notice of INR 3.73 Cr from ...

Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real ...

1. Provision allowing Input Service Distributors to distribute input tax credit for inter-state supplies subject to reverse ...