In terms of GST-specific amendments, Budget 2025 also focused on pre-deposit amounts for GST appeals, reducing penalties for E-way bill violations and introducing a 10% penalty for other infractions.

The government has proposed reduction of the rate of tax deduction at source (TDS) applicable on commission income of insurance agents from April 1, 2025. With this, insurance commission will be ...

GST annual return is filed using GSTR-9 ... (a) An Input Service Distributor; (b) A person paying tax under Section 51 (i.e. TDS deductor); (c) A person paying tax under Section 52 (i.e. TCS ...

New Delhi: In a massive crackdown, the Anti-Corruption Branch (ACB) of Delhi has uncovered a scam involving fraudulent GST refunds within the Trade & Taxes department of the Delhi Government and ...

1. Re-evaluation of Safe Harbour Regulations (SHR): Taxpayers expect CBDT to relook at safe-harbour rates, remove the barrier ...

The Union Budget 2025-26 introduces several amendments to indirect taxes, covering GST and customs. In GST, changes include allowing Input Service Distributors to distribute input tax credit for inter ...

The crypto industry has already been buckling under income tax and TDS. Trading volumes in India ... specifically the goods and services tax (GST), to cover a larger section of the crypto space.