A summary of GST TCS provisions for e-commerce operators, covering collection, deposit, returns, exemptions, and compliance ...

Review of GST’s eight-year journey in India, highlighting goals, implementation, tax base expansion, and ease of doing ...

The year showcased some momentous tax reforms driven by collaborative effort between policymakers and the trade, fostering ...

According to the notice received on Saturday, June 28, from the Office of the Commissioner (Audit), Central Tax, Ranchi, the ...

Under GST norms, enterprises are allowed credits in input tax on purchases meant for outputs, which they can claim in the ...

Taxpayers must review Form 26AS, AIS, and TIS before filing income tax returns. The Annual Information Statement (AIS) offers a detailed view of earnings, taxes, and investments, allowing taxpayers to ...

The official Goods & Services Tax portal will permanently block the filing of GST return that, which is more than three years past its stipulated due date.

A detailed look into how car taxes in India impact middle-class consumers, as highlighted by CA Arvind C Thomas.

BMW i7 price in India is Rs 2.05 crore and includes registration fee and GST including cess. However, BMW i7 ex showroom price excludes Tax Collected at Source (TCS), other local tax cess levies ...

The IT major TCS alone received half dozen demand notices from Chennai, Goa, Visakhapatnam, Uttar Pradesh and Bengaluru. The Vishakapatnam GST office levied the highest demand of Rs 1.17 crore on TCS.

The government will soon implement the council’s recommendation to slash the applicable rate of tax collected at source (TCS) by half to 0.5% of the net value of transaction, which is collected ...