With the budget overdue and facing significant deficits, one GOP leader says he’s willing to consider changes.

Understand GST late fees under Section 47 of the CGST Act, including daily penalties, calculation, and impact on ITC. Learn about different return types and potential ...

Input Tax Credit (ITC) is backbone of Goods and Services Tax (GST) framework, enabling seamless flow of credit across value chain. However, right to avail ITC is subject to various conditions ...

If youre starting or running a business in India, GST registration is an important legal step to ensure tax compliance. For ...

Karnataka Commercial Tax Department has obtained data from UPI service providers on payments received by traders via UPI for ...

BENGALURU: Following reports of notices issued to small traders by the Commercial Tax Department, the state government clarified on Friday that the action was b ...

New levies, which come on top of tariffs on auto parts and industrial metals, will come into effect on August 1.

One of the most common myths surrounding the SST is that its expansion will trigger widespread inflation. However, the SST is ...

The GST Council is preparing for a major review, potentially reshaping tax rates on consumer goods and addressing the ...

Sales tax exemptions for everything from newspapers to legal services to candy cost the commonwealth billions every year, and at least one top policymaker says he’s open to getting rid ...

President Donald Trump said in a letter that he will raise taxes on many imported goods from Canada to 35%, deepening a rift ...