Whether the Show Cause Notice (SCN) issued under Section 74 of the CGST and WBGST Act is valid, given the petitioners’ claims that they fulfilled all requirements for ITC and the suppliers’ GST ...

One expert argues the ERS would be unlikely to improve taxpayers’ experience unless it comes with additional funding to hire more agents and staff ...

The government is set to overhaul India's tax system with the introduction of the Direct Tax Code (DTC), aimed at simplifying compliance, reducing ambiguities, and boosting digital integration. While ...

The bill would completely overhaul the U.S. taxation system and essentially disband the Internal Revenue Service.

If the government strikes the right balance between domestic industry needs and international trade obligations, Budget 2025 ...

Experts anticipate that a middle class-friendly budget would have a positive impact on the lives of millions of people across ...

As Union Budget 2025 approaches, stakeholders expect reforms in indirect taxation to enhance economic growth and compliance.

As Budget 2025 draws near, taxpayers are hopeful for potential income tax rate cuts. The 30% tax bracket significantly ...

There is growing anticipation that the Modi government will ease the tax burden on the middle class, provide relief from high ...

To understand the Union Budget better, it is important to familiarise yourself with some key budget-related terms that are ...

Employee Ownership Trusts (EOTs) gained significant attention in 2024, and with increased popularity comes closer scrutiny.