Revenue department officials have expressed dismay over criticism of the goods and services tax (GST) system by some state finance ministers. Top tax.Read More

In what may bring about major reform and efficiency in the insolvency regime in India, the Insolvency and Bankruptcy Board of India (IBBI).Read More

In a major relief to GST taxpayers, the government has decided to cap the maximum late fee for Form GSTR-3B at Rs 500.Read More

Amazon, Flipkart, Facebook, YouTube and other companies that store or mirror Indian users’ data overseas will be subject to periodic audit, according to.Read More

India’s service sector remained under intense strain in June as business activity fell, and job losses due to lower business requirements and poor.Read More

Even as the GST regime entered the fourth year on July 1, it is encountering the issue of low revenue growth and the.Read More

"Rate rationalisation, removal of inverted duty structure to reduce friction among trade… at the same time we can have a lesser number of.Read More

Many companies that had not been able to claim transitional tax credit have dragged the government to court over a retrospective amendment in.Read More

The Delhi High Court has issued notices to the Centre as well as a handful of e-commerce websites on a plea seeking directions.Read More

In view of the Covid-19 crisis, Finance Minister Nirmala Sitharaman in March this year had announced a number of relief measures for taxpayers.Read More