A Busy Infotech study finds one in five SMEs file GST returns on the due date, with over half of GSTR-1 activity concentrated ...
Marking the completion of 9 years since GST was introduced on 1 July 2017, the tax regime has undergone continuous improvements, with the Next-Generation GST reforms of 2025 further streamlining the ...
The GST Council is expected to consider a proposal that could provide significant relief to businesses by protecting their Input Tax Credit (ITC) even if a supplier fails to deposit the Goods and ...
Finance Minister Nirmala Sitharaman said the next-gen GST will leave more cash in the hands of people.
Explains GSTR-3B editability, its misuse, CBIC circulars, and GSTN's move to make auto-populated liability non-editable from ...
Karnataka HC held GST interest under Section 50 arises by operation of law and set aside directions waiving interest, penalty ...
Indian businesses continue to view the indirect tax regime positively for improving transparency and creating a unified national market, but they are seeking a simpler compliance framework, faster ...
As GST completes nine years, it has also undergone next-generation reforms in 2025, which further simplified the structure through lower rates, exemptions and easier processes. These measures aim to ...