Indirect taxes are effectively a charge, levy or duty that you pay when you purchase certain items or services. You pay ...

The Central Board of Indirect Taxes and Customs (CBIC) has clarified that GST will not be applicable on penal charges levied ...

As Budget 2025 draws near, taxpayers are hopeful for potential income tax rate cuts. The 30% tax bracket significantly ...

The budget aims to include key sectors under GST, streamline assessment processes, and provide clarity on plant and machinery ...

The National Board of Revenue (NBR), the central authority for tax administration in the country, uses different software ...

Commerce Adviser Sk Bashir Uddin today defended the interim government’s recent move to increase Value Added Tax (VAT) saying ...

Discover the stark differences between tax-free countries like the UAE and Kuwait, where citizens enjoy zero income taxes, ...

As we stride toward the vision of a ‘Viksit Bharat,’ nine strategic priorities outlined in Budget 2024, ranging from ...

The CBIC also clarified that this GST exemption is limited to payment settlement function only, which involves handling of ...

Get ready for Budget 2025 with a quick guide to key terms you need to know before FM Nirmala Sitharaman's presentation.

This Article covers the aspect of taxation regime for cryptocurrency in the light of the widespread use and tensions arising because of lack of regulations for the same. Recently, cryptocurrencies ...