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 ...

BHUBANESWAR: The impact of recent GST reforms appears to have begun on a positive note, with Odisha recording its second-highest-ever net GST collections in October. This comes despite reductions in ...

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 government is preparing a comprehensive overhaul of goods and services tax (GST) processes, spanning digitised scrutiny, automated refunds, and data-driven return-filing. The reforms, being ...

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 ...