Input Tax Credit, intended as GST’s backbone, has become a major litigation driver due to strict conditions like supplier tax payment requirements and procedural mismatches. Courts continue to grapple ...

Understanding supply rules and ITC conditions under GST can eliminate tax cascading and optimise business cash flow while ensuring ...

GST compliance may look like routine paperwork, but for many small businesses, it is quietly eroding profits. CA Nitin Kaushik warns that execution errors — not high tax rates — are costing founders ...

Shares of SBI Life Insurance Company Ltd. will likely continue to be in the news after the company informed the market of an ...

Most businesses discover GST risks only when a notice arrives. A quarterly conversation with your tax team, built around six simple questions, can prevent investigations, protect input tax credit, and ...

Most businesses discover GST risks only when a notice arrives. A quarterly conversation with your tax team, built around six ...

The government exempted life insurance and individual health insurance policies from GST, effective September 2025. While that makes policies cheaper for buyers, the subsequent loss of input tax ...

For more than a century, the letter of credit (LC) has served as the cornerstone of international trade finance, enabling trust between buyers and sellers operating across borders, legal systems and ...

Russia has attempted to fully block WhatsApp in the country, the company said, the latest move in an ongoing government effort to tighten control over the internet. A WhatsApp spokesperson said late ...

A study is being carried out on barring the use of overseas-registered credit cards at outdoor payment terminals in petrol stations, says Datuk Armizan Mohd Ali. The Domestic Trade and Cost of Living ...

Officials from the Directorate-General of GST Intelligence (DGGI), Visakhapatnam Zonal Unit, on Saturday (February 7) arrested the proprietor of Labbaik Minerals, Sheik Shabbir, for allegedly availing ...