The 56th GST Council (Sept 2025) set the compensation cess to Nil on many imports, lowering costs. However, this GST 2.0 change creates immediate compliance risks and cash-flow issues regarding ...

GST 2.0 introduces tax reductions on medicines and medical devices in India. This summary details the changes, including tax exemptions and rate cuts, alongside challenges like inverted duty structure ...

The American Institute of CPAs asked officials in the Treasury Department and the Internal Revenue Service for changes in the final regulations governing generation-skipping transfer tax exemptions.

In general, faster GST refunds through an automated export refund system to be operational from Nov 1, and 90% upfront refund within 7 days, risk based automated verification of refunds, and increased ...

India’s GST revenue for September 2025 reached Rs 1,89,017 crore, a 9.1% year-on-year increase driven by strong domestic ...

The Goods and Services Tax (GST) rates, revised by the GST Council, became effective on September 22, 2025, necessitating immediate updates to accounting software for GST-registered businesses. , ...

New Delhi:The revenue of India Inc. will likely grow 6-7 per cent during the current financial year because of the reduction in the goods and services tax (GST) rates. The reductions will have a ...

India's festive economy touched new highs this year, marking its strongest festive sales in more than 10 years, fueled by ...

The GST Council has decided sweeping changes to coal taxation, a move the Ministry of Coal hailed as ‘landmark reforms’ that will reduce power tariffs ...

HoABL's digital affordable housing platform sees high demand, maintains prices despite GST cuts, offering transparency and ...

Y rise in September—the best growth in nine months—boosted by the GST rate cut (effective September 22) and the start of the ...

Mercedes-Benz India has reported its highest-ever monthly sales in September 2025, a 36% increase from the previous year, ...