In a general procedure hearing that was later moved under the informal procedure rules and rendered on December 17, 2024, the ...

Summary: The eligibility of Input Tax Credit (ITC) on construction of immovable property under Sections 17(5)(c) and 17(5)(d) ...

InterGlobe Aviation Ltd (IndiGo) says it has fined Rs115.86 crore by goods and service tax (GST) authorities from Delhi 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 government’s Viksit Bharat vision is reflected in the Union Budget with a persistent focus on ‘Make in India’, export ...

Budget 2025 focuses on boosting consumption by providing tax breaks to the middle class—a welcome relief for the sector and ...

The concept of sin tax in India was introduced as a part of goods and service tax (GST) in 2017. In India ... the government has put a high tax on tobacco products. For example, cigarettes have a tax ...

However, did you know a lot of the bots you have been using are actually examples of artificial intelligence? The bot has been designed to mimic human-like responses and perform a variety of tasks.

The current GST regime poses significant challenges for the real estate sector, particularly due to the lack of Input Tax Credit (ITC). Developers are unable to claim ITC on materials like cement and ...

To help shareholders grasp the impact of their investment, ITC shared an example in its exchange filing. The company said, if a shareholder holds 1,000 ITC shares at Rs 400 per share, the total ...

GST exemption on life insurance premiums: At present, a high GST rate of around 18% on life and health insurance premiums makes plans too costly, which leads to many people potentially forgoing proper ...