GST's 2017 rollout unified India's market, replaced 17 taxes, boosted logistics, and expanded the tax base, enhancing ...

Understanding Ind AS 116 is crucial for GST professionals. This accounting standard's impact on lease asset recognition can lead to GST audit ...

It would be naive to assume that the commencement of operations of the GST Appellate Tribunal would be a silver bullet. The ...

GST’s 8-year journey reveals both progress and challenges, including revenue dips, evasion, and the urgent need for reforms ...

The GST Council is expected to announce a significant tax cut on life and health insurance premiums in its upcoming meeting.

Learn about CGST Rule 88B and Section 50, clarifying interest calculation on delayed GST payments and wrongly availed ITC, ...

India's GST collections hit an all-time high of ₹22.08 lakh crore in the 2024-25 financial year. The collections doubled in ...

Eight years of GST mark not just the survival but the steady maturation of India’s boldest tax reform. While the journey has not been without hiccups, the direction remains firmly forward-looking.

The other popular reform is a reduction in the number of GST rates. This, too, is overdue, and the GST Council’s fitment and rate-setting committees are examining the issue. Connected to this is the ...

With the GST Council meeting now likely to be held in August, almost eight months after the last one held in December 2024, ...

Plain Facts compilation, we present to you data-based insights, with easy-to-read charts, to help you delve deeper into the ...