The Goods and Services Tax (GST) rates, revised by the GST Council, became effective on September 22, 2025, necessitating immediate updates to accounting software for GST-registered businesses.

The BJP has created a comprehensive action plan for GST reforms, engaging state and district units to inform the public through 'choupals' and various programs. The BJP has planned a nationwide ...

The GST Council has eased compliance for businesses, particularly FMCG companies, by removing the requirement to link credit notes to specific invoices. This change addresses a long-standing pain ...

New Delhi, Sep 8 (PTI) FMCG companies, sitting on a pile of stocks with printed MRP under the current GST regime, are waiting for implementation guidelines from the government to deal with their ...

GSTN has announced major changes to the Invoice Management System (IMS) effective October 2025. Key updates include pending records option, accurate ITC declaration, and the ability to save remarks.

What Is a Debit Note? A debit note is a document used and issued by a vendor to inform the buyer of current debt obligations. It is similar to an invoice, which contains information about a sale, but ...

Sanjeev Sanyal, member of the Prime Minister Economic Advisory Council, told Moneycontrol’s Shweta Punj that next generation GST reforms will include more process reforms, to identify more redundant ...

BHUBANESWAR: Chief Minister Mohan Charan Majhi on Thursday extended gratitude on behalf of the people of Odisha to Prime Minister Narendra Modi and Union Finance Minister Nirmala Sitharaman for ...

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The new GST rates across vehicle categories and on auto parts is expected to improve the demand for automotive, which in turn will jobs, investment and a cleaner mobility ecosystem in India, the Heavy ...

GST revamp: Dealers, as the critical bridge between manufacturers and consumers, also require focused attention. Clear communication around revised pricing, inventory adjustments, and promotional ...