The GST reform holds immense potential to bolster India's MSME sector, but its current framework requires critical ...

The Central Board of Indirect Taxes and Customs (CBIC) confirmed that some fraudsters are sending counterfeit GST summons, ...

GST will not be charged on penal charges levied by banks and NBFCs, as clarified by the CBIC. This exemption is due to such ...

With consumption accounting for over 60 percent of India's GDP, boosting disposable income is critical to reviving demand ...

The Central Board of Indirect Taxes and Customs (CBIC) has clarified that GST will not be applicable on penal charges levied ...

The CBIC confirms that GST is not applicable on penal charges by banks and NBFCs, clarifying the tax implications for ...

Ltd., challenging the GST assessment order issued by the State Tax Officer. The company, a non-vessel operating common carrier, was under scrutiny for various tax-related discrepancies in the ...

The petitioner sought several reliefs, including the annulment of orders passed by the Assistant Commissioner, particularly ...

As we near Finance Minister Nirmala Sitharaman's eighth Budget speech on February 1, 2025, stakeholders share their wishlist ...

The RBI in its circular had directed regulated entities to replace "penal interest" with "penal charges" for borrowers who fail to comply with loan terms ...

Here’s everything you need to know about the expectations for Union Budget, date and time of the budget presentation, whether stock market is open on that day and more.