The sale of a property has GST implications and, potentially, income tax consequences. The GST implications can catch out those who are not fully conversant with how the GST laws apply. A recent AAT ...

Gifts of above Rs 50,000 value in a year, when given by the employer to the employee without consideration and outside the contractual agreement, will come under the ambit of Goods and Services Tax ...

The finance ministry on December 9 reiterated "that no report from the Group of Ministers (GoM) to look into rate rationalisation is pending for consideration of the GST Council." This was informed in ...

NEW DELHI: Ahead of the GST Council meeting on September 9, Union Finance Minister Nirmala Sitharaman on Thursday said that the goods and services tax (GST) rate is much below the revenue neutral rate ...

Emboldened with “One Nation, One Tax”, establishing the goods and services tax (GST) regime marks a climatic transformation in India’s taxation landscape, earmarking the most significant indirect tax ...

Official sources pointed out that the structure of GST has changed now, several sectors see growth in taxable value of supplies ...

The Manipur Goods and Services Tax (Second Amendment) Ordinance, 2025 is to be replaced by an Act of Parliament and for the said purpose, it is proposed to introduce the Manipur Goods and Services Tax ...

In October 2024, Jindal Stainless challenged a Goods and Services Tax (GST) notice in the Delhi high court. Illustration: Uttam Ghosh/Rediff.com It was about corporate guarantees issued to related ...

The passage of the Bills marks a big step forward in India’s plans to rollout GST from July 1. 9.53 pm: With that it is a wrap on the live blog. We will have analysis and reactions from all quarters ...

Press Reports indicate that premier institutions such as IIT Delhi; Anna University; Punjab University; Sastra University and few other academic institutions have received show cause notices from the ...