A personal income tax cut would benefit only a small fraction of the population, as the vast majority do not pay income tax.

Fiscal incentives and GST reforms in the upcoming budget may pave the way for India’s space industry to attain newer heights ...

A provision in the GST Act, Division 142, is intended to prevent developers achieving a windfall gain by obtaining a refund ...

The recent decisions of the interim government—tax hikes and the suspension of the TCB truck sale programme—clearly reflect ...

The Central Board of Indirect Taxes and Customs (CBIC) may consider extending the GST return filing deadline as GSTN says ...

The increase in VAT and SD on arguably non-essential products —such as mobile phones, broadband internet, medicine, imported ...

GST Network wrote on X handle that it has sent an incident report to CBIC (Central Board of Indirect Tax) to consider an ...

Act, 1956 came into force on January 5, 1957, while CST rate was 1% originally and was increased to 2% and then to 3% and 4% (with effect from July 1, 1975), according to the Department of Revenue.

While provincial tax revenues have increased during 6MFY25, there is stubborn resistance to sharing revenues with local govts ...

The Revenue Budget highlights the range of expected revenue from various sources, including the taxation ecosystem of direct ...

GST portal is currently experiencing technical issues and is under maintenance,” the Goods and Services Tax Network (GSTN) ...

The Central Board of Indirect Taxes and Customs (CBIC) has amended guidelines for arrest and bail under the GST Act, ...