Members of Parliament agreed Monday to fast-track the government’s GST credit legislation through the House of Commons by Wednesday. Melissa Lantsman, one of the Conservatives’ two deputy leaders, ...
The proposed GST amendments simplify post-sale discount rules, expand refund benefits, and correct place-of-supply provisions. The changes aim to reduce litigation, improve cash flow, and align GST ...
Finance Bill 2026 changes GST rules for Indian brokers serving FPIs, making intermediary services zero-rated exports. Experts ...
The move will reduce costs and delays in goods movement while maintaining effective oversight for tax administration ...
As Budget 2026 draws closer, expectations are rising that the government may simplify personal income tax the way it streamlined GST. With GST moving towards fewer, broader rates over the past year, ...
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Lok Sabha passes Central Excise (Amendment) Bill ahead of GST cess phaseout on ‘sin goods’
The Lok Sabha on Wednesday passed the Central Excise (Amendment) Bill in the Lok Sabha that look to repurpose levies on 'sin goods' such as tobacco, pan masala and related products ahead of the ...
The Economic Survey 2025–26 has suggested that the next phase of Goods and Services Tax reforms could focus on reworking the ...
The Economic Survey proposes reimagining the e-Way Bill system to facilitate logistics rather than solely for enforcement.
Consumers are facing short-term price increases as the country transitions to the Goods and Services Tax (GST) system, with the burden of double taxation embedded in the cost of pre-GST inventory ...
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