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According to the Income Tax Act, an individual who must pay taxes or any amount of money to the government is an  income tax assessee ....

By 2028, the Indian hospitality and tourism sector will have grown from Rs. 15.24 lakh crore (US$ 234.03 billion) in 2017 to Rs. 32.05...

To alert taxpayers to inconsistencies in their submitted GST returns, the GSTN has been sending them SMS messages. The Central Goods and...

Navigating the changing tax landscape has proven to be challenging for the media and entertainment industry. Consumer preferences change...

The goal of the introduction of the Goods and Services Tax (GST)  in 2017 was to establish a uniform tax system throughout the nation....

Advances are sums of money received before the delivery of goods or services. The time of supply rules determines when taxpayers must pay...

Did you know that different Indian states have varied e-way Bill limits for intra-state (inside the state) transfer of goods? State...

An Indian legal mechanism known as "advance ruling" enables taxpayers to get a legally binding decision regarding the tax ramifications...

Certain notified persons under GST must deduct TDS at 2% from payments made to the supplier of taxable goods and/or services. This...

You might be curious about the varying prices of your preferred rice brand in different retail outlets. The Goods and Services Tax...