Real estate sector experts anticipate policy measures to address financing, taxation, and infra issues, which are crucial for ...

Input Service Distribution or ISD in not a new concept in India, its familiarity dates back to the Service Tax Era. The Service Tax law upheld the principle that credits relating to any input service ...

Liquidity challenges under the GST framework are another bottleneck. Ramesh Bafna, CFO at Zepto, recommended reforms to ...

The purchase of immovable property is not just a strategic investment but also a transaction laden with tax implications under various provisions of the Income Tax Act, 1961. Beyond the cost of ...

Ahmedabad: In a significant development for small taxpayers under the composition scheme, the Central Board of Indirect Taxes and Customs (CBIC) elimi.

Some of the measures that we look forward to include lower GST rate for small-scale coworking clients as this will ...

Most insurance firms expect an increase in tax deduction limits for policyholders under section 80C for life insurance ...

The Directorate General of GST Intelligence (DGGI), Hosur, has arrested the proprietor of an unnamed firm for fraudulent input tax credit of ₹9.64 crore without actual receipt of goods.

Some steps like resolving input tax credit issues, automating GSTR forms, and improving refund timelines have been taken. However, challenges like multiple investigations and inaccurate data transfers ...

Drug major Cipla has been hit with a penalty of Rs 9.77 crore by the GST Authority for alleged tax violations under the ...

According to the latest guidelines issued on January 13, GST officers must now provide a clear explanation of the reasons for ...

The grounds of arrest must be explained to the arrested person and also furnished to him in writing as an Annexure to the ...