Both sales tax and GST are indirect taxes, meaning they are charged on transactions (purchases) instead of income, and the cost is ultimately paid by the person who buys the final product. The ...

Gold rates in India have recorded back-to-back new all-time highs in the past six sessions, with 100 grams and 10 grams gold price skyrocketing by Rs 56,200 and Rs 5,620 during the period. Currently, ...

As we come close towards filing of GSTR-9 Annual Returns and GSTR-9C reconciliation statement as part of Annual return compliance considering the past year treatment as well, it is very much crucial ...

The Allahabad High Court in Singhal Iron Traders Vs Additional Commissioner And Another addressed a recurring GST dispute on whether Input Tax Credit (ITC) can be denied to a buyer solely because the ...

The loss of Input Tax Credit (ITC) after the rationalisation in goods and services tax (GST) from 18 per cent to ‘nil’ is likely to weigh on the profits of life insurers in the October–December ...

Imagine investing in a promising project, only to realize years later that it’s taking far longer than expected to recoup your initial outlay. Wouldn’t it have been invaluable to know upfront how long ...

Altria Group Inc. and NJOY LLC challenged the US International Trade Commission constitutional authority to resolve patent disputes in a new federal lawsuit Friday. ITC’s structure and procedures ...

On the occasion of its 69 th Annual General Meeting, the Federation of Hotel & Restaurant Associations of India (FHRAI) convened a specially organised press meet at Le Meridien, New Delhi, to draw ...