This explains how non-realisation of export proceeds within FEMA timelines leads to GST refund reversal and interest liability. The key takeaway is that exporters must track realisation deadlines ...
Overall, the report indicates that policy support, rural recovery and improving affordability are likely to keep the automobile sector on a steady growth path through 2026. India's automobile industry ...
CHENNAI: The GST Council is expected to meet within the next fortnight two weeks to consider a proposal to reduce the tax rate on air and water purifiers, a move that could make these products more ...
This extension replaces the standard Business Central sales document reports with custom layouts specifically designed for Indian GST (Goods and Services Tax) compliance. All documents follow Indian ...
GST reforms have unexpectedly increased notebook costs for students by shifting them to a nil-GST bracket. This move, intended to reduce prices, has instead burdened paper manufacturers and MSMEs due ...
Add articles to your saved list and come back to them any time. The NSW economy is struggling behind the rest of the country while Victoria’s is eclipsed by the sunshine states and a ...
Starting November 1, 2025, the Goods and Services Tax (GST) framework in India has undergone significant updates aimed at easing compliance for small businesses while tightening timelines for return ...
While GST 2.0 lowers rates on goods, its unchanged levy on manpower supply services continues to impose a heavy burden on the formal use of temporary employment.(Mint) India's goods and services tax ...
The Goods and Services Tax Network (GSTN) recently announced a new feature in the Invoice Management System (IMS) on the GST portal. This allows taxpayers to mark credit notes as "Pending" for one tax ...
Bashing the Commonwealth Grants Commission’s formula for distributing the GST is a bipartisan sport in NSW. In 2018, the Coalition government’s then-treasurer, Dominic Perrottet, derided the formula – ...