E-way bill generation rebounds in December, signalling supply chain recovery
The recovery signals a normalization in supply chain activities, following a steady climb from July to a record high of 117.2 ...
India's GST world's 'worst' tax regime, middle class contributing to govt's revenue collection: Cong
The opposition Congress on Thursday criticized India's GST as the world's "worst" system, alleging it burdens the middle ...
Money blog: Pound sinks to lowest level since 2023 - as Treasury releases statement
The pound is trading at $1.22 this morning – a level last seen in November 2023. Meanwhile, each day the Money blog starts ...
Tax Guru2h
Critical Analysis of Section 70 of GST Act, 2017: Who, How & When to Summon?
The Central Goods and Services Tax Act, 2017, through Section 70, gives authorities the right to summon any person for inquiry. This paper, therefore, takes the discussion a little further to ...
Tax Guru2h
Power u/s. 107(2) doesn’t permit commissioner to review order of appellate authority
Delhi High Court held that review of order passed by the appellate authority, by the Commissioner, by exercising powers ...
Budget 2025: Will GST Rates Be Rationalized This Year?
Industry executives are urging that the Goods and Services Tax (GST) structure be changed immediately in order to streamline ...
Budget 2025: Finance Bill likely to further strengthen GST to tackle fake invoicing
The Finance Bill is likely to introduce amendments to the GST Act to further strengthen mechanisms to curb fake invoicing. Sources said the act will be amended to include the Invoice Management System ...
aseanbriefing4h
Indonesia’s 12% VAT Increase: What Businesses Need to Know and Prepare For
Businesses must adjust strategies to manage the impacts of Indonesia’s VAT increase to 12% while ensuring compliance and efficiency.
India should take cues from Piketty on enlarging its tax mop-up
As old tax sources plateau, we need new avenues of taxation. A progressive luxury tax—say on houses priced over ₹10 crore and ...
Live Law5h
S.168A GST Act | 'Recommendation' Of GST Council To Extend Limitation Period Can't Be Substituted By Subsequent 'Ratification': Telangana HC
The Telangana High Court has upheld the validity of a 2023 notification, issued by the GST Department post COVID-19 pandemic, ...
Budget 2025: Will The Government Cut GST From 3% To 1% On Jewellery, Gems?
The gems and jewellery sector has urged the government for a reduction in goods and services tax to 1% Budget 2025: Finance ...
Dominican gov’t to review minimum wage, reduce corporate taxes
Prime Minister of Dominica Roosevelt Skerrit on Wednesday said that the government will undertake a further review of the ...