J&K Bank has been slapped with a GST demand notice of over ₹16,000 crore, the bank has informed stock exchanges. The bank, on its part, has maintained that the demand has no legal justification. “This ...

The country’s largest payment processing company found that year-over-year total spending and the number of transactions in ...

Also, while just 32 million taxpayers are the beneficiaries of the I-T concessions, reduction in GST rates is bound to impact almost the entire population. It would also help keep inflation in check ...

The construction of the new Parliament building and Vice-President Enclave saw cost escalation due to rising prices of ...

"However, the Central Government imposed fresh taxes on goods on which there was no tax and imposed 18 and 28 per cent GST on ...

The GST 'holiday' is nearly over, but new data looking at spending in Canada during its first month shows it may not have spurred spending as originally hoped.

Get the latest updates on the most important stories from across the nation. From political developments and economic trends ...

The gems and jewellery industry on Thursday urged the government to rationalise the Goods and Services Tax on bullion and ...

The government said the completion date for the upcoming Common Central Secretariat (CCS) buildings has been delayed by at ...

Canada's food service sector is expecting a $1.5-billion boost from the tax 'holiday' and Restaurants Canada is pushing to make the two-month break permanent.

Kerala Finance Minister's detailed budget speech highlights sectoral allocations, fiscal optimism, and future vision for the state.

Summary: The eligibility of Input Tax Credit (ITC) on construction of immovable property under Sections 17(5)(c) and 17(5)(d) of the CGST Act, 2017 is a contentious issue. ITC is disallowed for goods ...