The Union Budget 2025-26 offers tax relief for India's middle class, signalling a potential consumption revival. However, ...

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

(a) the total amount of GST collected along with proportional contribution from the lowest income groups, middle-income ...

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 at the point of consumption. Here's a breakdown of budget 2025 tax breaks to ...

Aurobindo Pharma ordered to pay over ₹155 crore in GST, interest, and penalty under Central Goods and Services Tax Act.

A head of India’s budget on February 1st, Narendra Modi asked Lakshmi, the Hindu goddess of wealth, to bless the poor and the ...

The Sri Lankan Government’s Treasury is currently facing a significant burden due to the lack of adequate revenue, which is ...

Insurers argue that a complete exemption will lead to denial of input tax credit and the increased costs will have to be passed on to the consumers, negating the intended benefit of exemption ...

It may be noted that GST rate on hotel accommodation depends on the amount paid per room accommodation per day. Presently from 18.7.2022 onwards, GST is 12% for a room in a hotel which would cost upto ...

The Life Insurance Corporation of India (LIC) has received a Rs 105.42 crore demand notice for short GST payment over seven ...

Interglobe Aviation, IndiGo`s parent company, penalized ₹115.86 crore by GST authorities for undisclosed tax liabilities.

The Commerce Department report also showed the United States ran record bilateral trade deficits with Mexico, Vietnam, India, Taiwan, South Korea and the 27-nation European Union.