India may soon mandate the invoice management system for large transactions to curb tax evasion and enhance GST compliance.

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

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

It may be noted that GST rate on hotel accommodation depends on the amount paid per room accommodation per day. Presently from 18.7.2022 onwards, GST is 12% for a room in a hotel which would cost upto ...

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 ...

Mop-ups by way of goods and services tax (GST) will maintain above-nominal growth over the next few years, with expectations ...

While the year-over-year comparison shows that the tax break may not have boosted spending in its first month, a recent ...

Also, Union minister Tokhan Sahu said the revised completion date of the Common Central Secretariat buildings is running a ...

Interglobe Aviation, IndiGo`s parent company, penalized ₹115.86 crore by GST authorities for undisclosed tax liabilities.

Moneris data shows a 4% drop in Canadian spending during the GST/HST holiday, with minimal growth in select retail categories ...

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