However, instances have been observed where, in the absence of any tangible material on record, bank accounts of taxpayers have been attached, causing severe disruptions to their business operations ...

Goods and Services Tax (GST) collections in January, in gross terms, stood at Rs 1.96 lakh crore, with a yearly jump of 12.3 ...

In GST, the importance of reconciliation has increased multi-fold due to the compliance process that law brings in along with its legal provisions. The compliance process in GST generally requires ...

Fee: Attention savings account holders! The country's largest public sector bank, State Bank of India, is the trust of almost ...

Investopedia / Michela Buttignol A generation-skipping trust (GST) is a type of legally binding trust agreement in which the contributed assets are passed down to the grantor's grandchildren.

Availability of ITC on construction costs has been restricted retroactively from July 1, 2017, impacting commercial real ...

Unredeemed vouchers would not be considered as supply under GST and no GST is payable on income booked in the accounts in respect of breakage. A clarification was also provided that no GST is ...

The Hindu examines the Union Budget of 2017, presented by Arun Jaitley in the midst of two major financial overhauls: after ...

GST return filing: The government on Friday, January 10, extended the deadline for filing monthly GST sales return form GSTR-1 and GST payment by two days after taxpayers reported technical ...

India’s gross Goods and Services Tax (GST) collections rebounded sharply in January, rising 12.3% from December’s weak 7.3% uptick, to hit their second highest monthly tally of ₹1,95,506 ...