It would have been better had the government gone in for across-the-board Customs duty rationalisation instead of picking and choosing sectors across the board ...

Ahead of the Budget presentation 2025, Karnataka Chief Minister Siddaramaiah has submitted state's list of demands to the ...

The Karnataka CM said that the Centre must recognise their contributions and positively respond to their needs, ensuring that ...

This article is authored by Abhay Soi, president, NATHEALTH and chairman & managing director, Max Healthcare Institute ...

The Budget is the government’s financial plan for the year. It outlines how much money it expects to earn (through taxes and ...

In such cases, the jeweller can claim Input Tax Credit (ITC) on the GST paid for the second-hand jewellery, which helps offset the tax liability. Example 5: Buying New Jewellery Instead of Old Diamond ...

Thus with the start of the new financial year 2019-20 (w.e.f. 01/04/2019), a new invoice series, unique for the financial year, is to be started by the GST taxpayers. A similar provision is there in ...

The county’s oil and gas industry has sought supportive regulatory reforms to compensate for losses incurred by downstream companies on the sale of auto fuels, and reducing the cess on crude oil ...

The Supreme Court on Wednesday flagged a recurring problem in GST matters whereby genuine purchasers who paid Goods and Services Tax (GST) face issues because their suppliers raised fictitious ...

The Committee on Public Finance (CoPF) recently approved reducing the CESS tax on cement, following an order presented by Finance Ministry officials. This decision is expected to reduce the price of ...

CBIC notifies rate changes in Compensation Cess for Pan Masala and Tobacco Products as per 50th GST Council Meeting vide Notification No. 3/2023-Compensation Cess (Rate) ...