The GST council has recommended an increased 18% GST rate on the margin value of used car sales for specified petrol vehicles with 1200 cc or more, diesel vehicles with 1500 cc or more ...

Tax relief in the Budget is a reflection of the prime minister's commitment to the taxpayers, Sitharaman said and refuted ...

Discussions between Centre and states have taken place to undertake not just GST rate rationalisation but also simplify the structure, with a particular focus on doing away with the 12 per cent slab, ...

GST taxpayers would now to Budget 2025 for further relaxations in GST laws. There is more action to follow, as major reforms are a work in progress.

Ahuja’s venture, too, grew steadily; all the years of hard work seemed to be paying off. But it all came to naught on July 11, when the GST Council announced the highest tax slab of 28 per cent ...

The recent order of the Delhi High Court quashing show cause notices (SCNs) issued by the Directorate General of GST Intelligence (DGGI) against statutory bodies such as CERC and DERC, and ruling ...

This can create working capital management issues, but a solution is in the works, says Tally Solutions ’ Mohan D. Further, there is a workaround if you want to claim GST credit in case your ...

The GST Council, chaired by Sitharaman and comprising her state counterparts, has set up a group of ministers (GoM) to ...