The government has clarified that no bank, NBFC, regulated entities (REs) can charge Goods and Services Tax (GST) on penal charges on loans. Penal charges are payments in the nature of liquidated ...

Visionary leaders and pioneering brands are shaping industries, redefining experiences, and driving societal change. From AI advancements to sustainable technologies and immersive digital experiences, ...

Shefali Mundra, Tax Expert at ClearTax, highlighted during the scheme’s launch that ... For Budget 2025, we urge the government to waive GST on financial services at BC outlets and offer tax benefits ...

Additionally, revisiting GST rates on under-construction properties will drive ... I would like to cite the example of Australia which has very clear tax guidelines on digital asset transactions and ...

The overall gross GST revenue touched Rs 1,95,506 crore in January, data showed. Refunds worth Rs 23,853 crore were issued ...

CNG two-wheelers currently attract 28% GST, which the heavy industries wants to be reduced to an ‘appropriate level’. This indirect tax system has grown far too complex. A GST regime with ...

Chairman & MD, BajajCapital. The current Goods and Services Tax (GST) rate of 18% on insurance premiums is a major barrier, particularly for low-income groups. High premiums, compounded by GST ...

Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday bringing prices down for restaurant food, alcohol and children's clothing, Statistics Canada ...

The Goods and Services Tax (GST) has been a cornerstone of fiscal reform in India. The shift to GST aimed to dismantle the complex, multilayered national tax structure and replace it with a more ...