Summary: The Finance Bill 2025 presents significant updates in both direct and indirect taxes aimed at improving business ease, reducing litigation, and widening the tax base. Direct tax proposals ...

In terms of GST-specific amendments, Budget 2025 also focused on pre-deposit amounts for GST appeals, reducing penalties for E-way bill violations and introducing a 10% penalty for other infractions.

BENGALURU: Goods and Services Tax (GST) is crucial for revenue collection, compliance, and economic growth. The Finance Bill ...

Jammu and Kashmir Bank (J&K Bank) announced on Wednesday that it has received a Goods and Services Tax (GST) notice amounting ...

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 ...

The proposed amendment, under Section 148A of the CGST Act, would empower authorities to monitor the movement of specified ...

Popcorn at the movies, second-hand cars, and even pre-packed snacks - GST in India has sparked endless debates. However, the ...

A GST regime with uniform rates—based on clear statistical data—within every broad category would enhance fairness, reduce litigation and also improve the ease of doing business in India.

The GST Council will soon take a decision on having fewer and lower rates as the review work is almost complete, Finance Minister Nirmala Sitharaman ...

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

BENGALURU: A massive fraud, involving senior GST enforcement officials, major transporters and an organised mafia, across the country has come to light, reporte ...

Pani Puri vendors in India are receiving GST notices as their digital transactions exceed Rs 40 lakh. The humor-infused reaction on social media highlights the impact of digital payments on small ...