Understand the complexities of GST on IPOs and OFS in India, including debates over Input Tax Credit reversal, the ...

Understand GST on renting immovable property in India, including Reverse Charge Mechanism (RCM), exemptions for residential use, and Input Tax Credit (ITC) ...

As India marks eight years of GST, businesses urge reforms to boost working capital efficiency. A Deloitte survey reveals ...

In a significant ruling with far-reaching policy implications, the Sikkim High Court has allowed the refund claim of accumulated input tax credit (ITC) upon the closure of a business. This ...

While the Trump administration is turning away from many renewable energy initiatives, some subsidies for U.S. manufactured ...

Sweeping tax legislation passed by the Senate Tuesday would make it cheaper for semiconductor manufacturers to build plants ...

The Sikkim High Court has ruled that businesses are eligible for refunds on unutilised input tax credit (ITC) even after discontinuing operations. This decision came after SICPA India, a security ...

More countries involved in international tax pact negotiations want to address the treatment of certain kinds of incentives under the global minimum tax, a US official said.

This year would be the last for a 30% tax credit for home solar panels and a $7,500 credit for electric vehicles under a budget proposal introduced this week in the US House of Representatives. It ...

The Tax Cuts and Jobs Act, or TCJA, of 2017 temporarily boosted the maximum child tax credit from $1,000 to $2,000, which will expire after 2025 without action from Congress. If enacted, the ...