GST: Buyers will not be able to claim input tax credit (ITC) if specified sellers or suppliers do not upload the e-invoice within 30 days from the date of its generation. ​"From 1st April 2025, ...

The total gross GST revenue for August 2024 reached INR 1.75 lakh crore, a 10 per cent increase from INR 1.59 lakh crore in August 2023 ...

As per Rule 48 (4), A specified class of registered persons are required to generate Invoice through GST Portal. Invoice generated through any means by those specified taxpayers are not recognized as ...

Guernsey's top politicians are set to propose a temporary 2p in every £1 increase to income tax, alongside wider tax reforms ...

Fort Bend County Emergency Services District No. 4, also known as the Fulshear-Simonton Fire Department, put a proposal on ...

In light of these findings, the Madhya Pradesh High Court dismissed the writ petition filed by Future Consumer Limited. The ...

The Maui News / MATTHEW THAYER photos Beginning Jan. 1, residents and visitors can expect to pay a higher tax on everyday goods and services in Maui County. The Maui County Council passed a bill ...

VAT is a consumption tax added to goods and services at every point of the supply chain, from initial production to point of sale. This is when income tax is paid twice on the same source of ...

GST on term life insurance premium Meanwhile, Goods and services tax on term life insurance premiums and premium paid by senior citizens for health cover is likely to be exempted from tax.

Treasury Cabinet Secretary John Mbandi has spared essential goods such as milk, bread and maize flour higher taxes in a value ...

Roffey has put forward plans for a 5% GST alongside a new lower rate of income tax for earnings below £30,000 and reforms to social security contributions in an effort to mitigate the regressive ...

Maharashtra collected the most GST of Rs 31,030 crore for October 2024, up 14 per cent from October 2023, according to ...