The Supreme Court recently underscored the need for the Central Board of Indirect Taxes and Customs to fix realistic ...

It emphasized the need for CBIC to reconsider the rigid timelines imposed for rectifying bonafide errors in GST filings. The Court highlighted that denying input tax credit (ITC) due to clerical ...

The Supreme Court has directed the CBITC to re-examine the GST filing correction timelines, emphasizing that clerical errors ...

Tax incentives in oil and gas investments allow for deductions and potential tax-free earnings — benefits accessible only to ...

Supreme Court directs CBIC to re-examine tax return error provisions, reinforcing principle that buyers shouldn't be penalized for supplier errors.

Combined losses from proposed cuts to Medicaid and SNAP would reach $1.1 trillion over a decade, including a $95 billion loss ...

Hyderabad: The benami prohibition unit (BPU) of the income tax (I-T) investigation department in Hyderabad has provisionally ...

S Sriram and Dinesh Kukreja of Lakshmikumaran and Sridharan examine the tax consequences of foreign business reorganisations ...

The expert pointed out that US state sales tax ranges from 2.9% to 7.25%, whereas European nations impose VAT between 17% and ...

The withdrawal of the federal carbon tax, announced by the government of new Prime Minister Mark Carney, is expected to lead ...

Regulatory and reimbursement pathways should consider indirect benefits in addition to direct health benefits when evaluating ...