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

The Central Board of Indirect Taxes and Customs (CBIC) has introduced key mechanisms to automate compliance under the GST ...

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

The GoM had also suggested lowering the GST rate on all individual health insurance policies to 5%, without the option of ITC ...

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

POLICY & RESOURCES president Lyndon Trott has warned that GST will need to be higher than 5% to repair the States’ battered ...

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

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 ...

Input Tax Credit is Not Restricted if the Construction of Premises Satisfies the Functional Utility Test and is Germane to Business In the case of Chief Commissioner of Central Goods and Services Tax ...

Insurers argue that a complete exemption will lead to denial of input tax credit and the increased costs will have to be passed on to the consumers, negating the intended benefit of exemption ...