Multifarious Key Taxation Laws and Rules: The Indian taxation system is governed mainly under the Income Tax Act, 1961, with relevant sections being: Section 4: General Taxability. Section 90: ...

The government had set up a ministerial panel, the Group of Ministers (GoM), to examine GST rate rationalisation.

ITC Refund Challenges for Exporters Who Cancel Their GST Registration A Case Study on GST Procedural Hurdles and System Limitations Sri Shanmuga Hardwares ...

A new Budget amendment necessitates suppliers to ensure buyers reverse input tax credits (ITC) before claiming adjustments ... mentioned an incorrect higher GST rate. A credit note is also issued ...

Centre's decision to amend a section of the Good and Services Tax ... before the Supreme Court in the coming weeks, tax experts told Moneycontrol. The case pertains to Section 17(5) of the GST ...

Expectations: Union Finance Minister will present Budget 2025-26 tomorrow (February 1, Saturday) in the Parliament. This will ...

The Goods and Services Tax (GST) has been a cornerstone of fiscal reform in India. The shift to GST aimed to dismantle the complex, multilayered national tax structure and replace it with a more ...

Legal Debate At Tipping Point Over Notification Extending GST Deadline. Legal News and Analysis - India - Tax - Conventus Law ...

Responding to questions raised by MP and former actor Jaya Bachchan's about the film industry, Finance Minister Nirmala ...