This guide explains how GST works, who must register, and why compliance matters for businesses. The key takeaway is that understanding GST helps reduce tax costs, avoid penalties, and support ...

After one fiscal year into the implementation of the GST, it is worth asking how it has performed in terms of revenue generation, both for the country and for individual states. And, here, the news, ...

This article explains the role and powers of the GST Council in shaping tax policy. It highlights how its decisions directly affect prices, compliance, and ...

The history of the Goods and Services Tax (GST) dates back to the year 2000 when the idea was suggested and stretched to 2017 when it was implemented with four bills relating to it becoming The ...

New Delhi (India), October 31: The Goods and Services Tax (GST) is a comprehensive tax system that has revolutionized taxation in many countries, including India. It has replaced various indirect ...

The BJP government has agreed to two of the three conditions set by Congress to support GST Bill. New Delhi: India's biggest tax reform in decades could become a reality on Wednesday with the main ...

The maths component is essential when one wants to fully understand the workings of the soon-to-be implemented goods and services tax. IN this article, the spotlight is on the mathematics component of ...

India’s informal economy has shrunk to around 15-20 per cent of the formal Gross Domestic Product (GDP) as against 52 per cent three years ago due to the central government policies like the ...

Goods and Services Tax (GST) Departmental Audit is the process of examining a taxable person’s records, returns, and other documentation compliance with the GST regulations, said M.R.R. Reddy, ...

New Delhi, August 1: The Goods and Services Tax (GST) will soon be a reality. After being logged in the Parliament for several years, a broad consensus between the Government and the Opposition has ...