Policyholders will pay no GST on health and life premiums from September 22, but insurers lose the ability to claim tax credit on expenses like commissions, rent and software, raising their operating ...
If you have been pricing a new mediclaim policy or preparing for renewal, you have probably heard about the new Goods and ...
Year-end GST compliance for FY 2024–25 is critical. CAs face challenges in manual reconciliation and managing ITC. Automation software streamlines GSTR-2B matching, e-invoicing, and discrepancy ...
In a major relief for taxpayers, the government has extended the deadline for filing the GSTR-3B tax payment form. As per the ...
This article analyzes if judicial rulings (including Supreme Court's 'Arise India') that declared 'seller non-payment' ...
Businesses filing GSTR-9 and GSTR-9C for FY 2024–25 will now have to pay closer attention to Input Tax Credit (ITC) ...
This is not a case of tax evasion but the result of long-standing ambiguities in GST rules and unawareness.' Kindly note that this image has only been posted for representational purposes. Photograph: ...
Kolkata: The GST on notebooks, exercise books and other stationery items, such as pencils, have been slashed from 12% to nil but GST on most raw mater.
In a general procedure hearing that was later moved under the informal procedure [1] rules and rendered on December 17, 2024, [2] the Tax Court of Canada (the “Tax Court”) dismissed 267 O’Connor ...
Previously, cars were subject to a 28% GST along with a compensation cess ranging from 1% to 22%, depending on factors such ...