The law now permits deduction of post-supply discounts even if decided later. This eases commercial flexibility and reduces ...

From February 1, 2026, smokers and pan masala consumers across India are facing a sharp increase in prices following a sweeping revamp of the government’s taxation policy on so-called “sin goods.” The ...

Currently, the brokerage paid by foreign funds is considered ‘export services’ under GST rules. “Clause (b) of sub-section (8 ...

The recently announced Canada Groceries and Essentials Benefit will cost an estimated $12.4 billion over six years, according to the Parliamentary Budget Officer.

Gross GST collections rose 6.2% to ₹1.93 lakh crore in January, driven by higher import revenues and reduced refunds.

This article explains the role and powers of the GST Council in shaping tax policy. It highlights how its decisions directly affect prices, compliance, and ...

Despite revenue pressures caused by the Centre's GST 2.0 rate rationalisation, Punjab has recorded a strong rise in GST collections in January 2026, signalling improved compliance, focused enforcement ...

Ahead of budget 2026, the coaching federation has urged GST relief and has flagged the burden on parents and small institutes. Check highlights of the letter here.

While there are goods that are taxed at higher than 18%, the simplified GST rate structures have reduced the tax on a bulk of the eligible goods The new rates are likely to increase consumers’ ...

Gross GST collections rose 6.2 per cent to over Rs 1.93 lakh crore in January, mainly on higher revenues from imports, ...

Use a GST calculator to prepare accurate financials before applying for a business loan. Gain GST clarity to manage cash flow ...