Breaks down the 2025 GST changes affecting accommodation services. Key takeaway: rooms under ₹7,500 are taxed at 5% without ITC, while higher-priced rooms continue at 18% with ...
As multinationals embed tax technology into their TP functions, a new breed of systems – built on multi model databases – is ...
The GST rate rationalisation, which was introduced in September 2025 provides two-tier structure of 5 percent and 18 percent, along with a 0 percent slab (exempt) and a new 40 percent demerit rate for ...
ITC is scheduled to announce its Q2FY26 results today, October 30. All eyes are on the Q2 performance, especially after the GST new rates and the potential impact on sales. The FMCG results out so far ...
Allahabad High Court in Singhal Iron Traders v. Additional Commissioner & Another (2025) set aside tax and penalty orders issued under Section 74 of the GST Act, holding that Input Tax Credit (ITC) ...