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 ...

As per the decisions taken in the 55 th GST Council meeting government has amendment in CGST Act, 2017 in the budget 2025, after this amendment specifically provide for the requirement of reversal of ...

State-owned natural gas transmission company GAIL posted a weak consolidated operational performance in Q3FY25. The company’s performance was affected by a combination of factors, including a decline ...

Nifty 50 has delivered 93% returns, but when adjusted for the 37% depreciation of the Indian rupee (INR) against the US ...

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses developments in investment markets over the past week, economic activity trackers, major global economic events and ...

The Directorate General of GST Intelligence (DGGI) has busted an allegedly bogus Input Tax Credit (ITC) claims fraud of Rs ...

In the 2023-24 fiscal, CGST officials detected GST evasion of ₹ 2.30 lakh crore in 20,582 cases. Recovery of ₹ 31,758 crore ...

In situations where a company like Zee Entertainment Enterprises Ltd. (ZEEL) receives a Goods and Services Tax (GST) notice ...

Jefferies and Morgan Stanley maintained ratings and target prices for ITC, following no announcement of tax hikes on ...

The government's retrospective amendment to the Finance Bill 2025 overrides the Supreme Court's ruling from October 2024, ...