With the budget overdue and facing significant deficits, one GOP leader says he’s willing to consider changes.

According to reports, a sweeping reassessment of tax rates on consumer goods, which are currently taxed at the highest slab, ...

Patna High Court examines if ITC can be denied when goods are delivered directly to end consumers and not physically received by the ...

Understand GST late fees under Section 47 of the CGST Act, including daily penalties, calculation, and impact on ITC. Learn about different return types and potential ...

President Donald Trump's announcement of 30% tariffs on the European Union will have repercussions for companies and ...

Prices of banana leaf meals, tomyam and fried rice are likely to go up by month's end as eateries are buckling under rising ...

The tariffs could make everything from French cheese and Italian leather goods to German electronics and Spanish pharmaceuticals more expensive in the US ...

The deadline for the duties to go into effect are still three weeks, which may mean the announcements could be a negotiating ...

A transfer tax is a duty collected on the transfer of property from one individual or entity to another. Transfer taxes can ...

The GST Council is preparing for a major review, potentially reshaping tax rates on consumer goods and addressing the compensation cess arrangement with states. Proposals include eliminating GST on ...

The Presidential Office held a press conference on July 11 to announce the President’s Order promulgating nine laws recently ...