This reduction rather than a complete waiver in GST on gross insurance premium will be beneficial for both policyholders as ...

In a significant ruling that promises ease of compliance to taxpayers under the goods and services tax, the Supreme Court has ...

The Calcutta High Court’s ruling in the Jyoti Tar Products P Ltd. case passed verdict that retrospective cancellation of ...

The 13-member GoM in its report submitted to the GST Council in December had recommended a GST exemption for premiums paid on pure term life insurance policies.

The government is introducing the Input Service Distributor (ISD) system from April 1, 2025, to improve tax collection on ...

A growing GST debt burden could be creating a wave of "zombie companies", one tax expert says.

The Input Tax Credit (ITC) allows you to claim credit for the GST paid on business-related purchases. Whether it is raw ...

The Supreme Court further emphasised that denying ITC due to human errors results in unfair double taxation, where businesses ...

The GST Council has asked the Insurance Regulatory and Development Authority of India (IRDAI) to provide recommendations on ...

Patna High Court addressed a dispute regarding the denial of input tax credit (ITC) to Platinum Ispat Industries Pvt. Ltd. for the months of January to March in the assessment year 2018-19. The ...

The latest carve-up of the GST has hit Queensland’s budget while boosting Victoria’s. But it has also led to new calls for an ...

It was supposed to cost taxpayers just $2.3 billion. But a deal to help West Australians is now on track to punch a $60 ...