T'puram: Finance minister KN Balagopal said in the Assembly that despite the central govt's measures, such as reducing the borrowing limit and the dec.

Always puzzled and novice when comes to the GST ITC (Input Tax Credit) on goods or service or both used for construction of immovable properties when such properties are used in in the course or ...

Its grand success requires that the tax burden be moderate, coverage comprehensive, administration use cutting-edge technology, and dispute resolution swift and fair. - Issue Date: Mar 16, 2025 ...

Rotorua’s deputy mayor Sandra Kai Fong has criticised a suggested council “rates swap” as unfair and a misnomer. While ...

"Textile manufacturers are knowingly misclassifying the services and paying 5 per cent tax, where they should pay 18 per cent ...

Finance Minister Nirmala Sitharaman announced that GST rates will be reduced soon, prompting the Congress to call for a ...

In a major policy move, Finance Minister Nirmala Sitharaman has signaled an upcoming reduction in GST rates, aligning with ...

The GST Council, in its 55th meeting on December 21, 2024, had decided to reconstitute the Group of Ministers (GoM) on GST revenue analysis with a revised ToR. The GoM was first set up in 2019.

Also, whether it should be on B2B supplies only or B2C supplies only or both.The other members in the GoM include Finance Ministers from Assam Ajanta Neog, Chhattisgarh O P Choudhary, Gujarat Kanubhai ...

Death and taxes, as the saying goes. Not any more, the tax man says, making a ruling on GST about burial rights. The Gladstone Regional Council last week approved lower cemetery fees and charges ...

The GST Council, a federal body comprising the Union Finance Minister as its Chairman and Finance Ministers of all States as members, has played its part in the forum. The latest meeting of the GST ...

India's GST structure is complex with multiple rates, needing simplification for better compliance and efficiency, suggests the IMF. Since GST's introduction, rate changes have reduced its effective ...