Budget 2026-27 could be a turning point for India’s tourism sector. Industry leaders are calling for simplified GST, infrastructure status, easier MSME financing, and policy support to boost growth, ...
New Delhi: Central and state governments will retain the current framework of the indirect tax system and maintain the existing goods and services (GST) tax rates as they assess the impact of recent ...
The revised Goods and Services Tax (GST), announced earlier this month, will come into effect from tomorrow, with only two rates remaining in place: 5 per cent and 18 per cent. A special 40 per cent ...
India's GST system saw a significant update on September 22, 2025, with the launch of GST 2.0. The GST Council approved these changes during its 56th meeting, aiming to simplify tax rates and reduce ...
Electric vehicle (EV) manufacturers breathed a sigh of relief after the GST Council on Wednesday night retained the concessional 5 per cent rate on EVs, though they now face competition from small ...
In Private Letter Ruling 202528006 (July 11, 2025), the Internal Revenue Service confirmed that merging two generation-skipping transfer (GST) tax-exempt irrevocable trusts created by different ...
If you are residing in a housing society, then you are required to pay a certain amount for the maintenance of the common areas and structures. If the monthly maintenance cost is less than the ...
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