The Madras High Court held that a taxpayer’s delay in withdrawing an appeal should not disqualify them from waiver of interest and penalty under Section 128A, where tax was fully paid before the ...
Starting November 1, businesses will benefit from a streamlined registration process. India is shifting to two primary GST slabs — 5% and 18% — with a higher 40% rate reserved for luxury and sin goods ...
CPC gets power to rectify AO orders; ITR due date extended; GST registration simplified, and returns barred after 3 years; Customs imposes 30% duty on yellow peas; SEBI amends Mutual Fund, REIT, and ...
October GST collections reached ₹1.96 lakh crore, a 4.6% rise, marking the slowest growth this fiscal. This moderation is attributed to pre-GST sales pauses and recent rate cuts. Despite this, experts ...
Growth in India’s net revenues from the goods and services tax (GST) softened to 0.6 per cent year-on-year (Y-o-Y) in October, the slowest so far in FY26, as businesses adjusted to the recent GST rate ...
India’s gross GST collection increased 4.6 per cent to about Rs 1.96 lakh crore in October, driven by a festive buying spree despite a cut in GST rates. Goods and Services Tax (GST) rates on 375 items ...
13:02, Thu, Oct 30, 2025 Updated: 13:05, Thu, Oct 30, 2025 Britons reclaimed almost £50million in overpaid tax on pension withdrawals between July and September 2025, according to the latest figures ...
The Gujarat High Court held that statutory interest mandatorily payable under Section 56 GST Act on refunds delayed beyond 60 days. Justices Bhargav D. Karia and Pranav Trivedi stated that the ...
Lisa S. Presser, left, and Brian M. Balduzzi, right, of Faegre Drinker Biddle & Reath. Courtesy photos The Setting Every Community Up for Retirement Act of 2019 (the SECURE Act) changed the ...
Two major pillars of the federal government — the Social Security Administration and the Internal Revenue Service — will soon stop issuing paper checks to the country’s 75 million Social Security ...
New Delhi, Sep 4 (IANS) The reforms made in Goods and Services Tax (GST) by the GST Council, in its 56th meeting on Wednesday, will boost the affordability of life-saving drugs as well as address ...
Delhi's Chief Minister, Rekha Gupta, announced a festive financial relief for traders with the release of nearly Rs 1,600 crore in pending GST refunds. The funds, held since 2019, will be disbursed ...
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