The relevant section of the CGST Act, 2017 will be amended to allow refunds for exports made with payment of tax, regardless of value. This long-awaited reform addresses the concerns of small ...
The Commercial Taxes Department has arrested Rahul Kishan Rao Kulkarni, a resident of Bidar district, for allegedly creating fake GST registrations and evading taxes to the tune of ₹9.25 crore.
When GST was launched in 2017, it was hailed as India’s biggest tax reform since independence. But like any ambitious system, ...
A former employee of a private firm in Noida has been arrested for allegedly generating fake invoices of around Rs 10 crore to fraudulently claim input tax credit of Rs 1.8 crore, police said on ...
Zomato's parent company, Eternal, faces ₹40.32 crore in service tax demands and penalties related to GST for the period between July 2017 and March 2020, citing short payment of output tax and excess ...
Walmart-owned Flipkart and Amazon are gearing up for a bumper festive season, with their flagship events — Big Billion Days (BBD) and Great Indian Festival (GIF) — slated to begin on September 23.
The Goods and Services Tax (GST) Council announced significant tax cuts on Wednesday, covering essential and aspirational goods from packaged foods to consumer electronics. The reform streamlines ...
India’s e-commerce sector is gearing up for one of its strongest festive seasons yet, with sales expected to surge on the back of recent GST rate cuts across key consumer categories. Analysts say the ...
Last Wednesday marked the final deadline for companies to join the electronic invoice system set up by the Egyptian Tax Authority (ETA). An electronic invoice (e-invoice) is a digital document that ...
Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Michael Boyle is an experienced financial ...
E-commerce giant Flipkart is under a preliminary probe by tax authorities for allegedly changing the billing structure to claim lower goods and services tax liability, a report by Mint said on August ...
The government’s Promotion and Regulation of Online Gaming Bill, 2025, approved by both Houses of Parliament, aims to promote e-sports and social games while banning real money gaming (RMG)—or games ...