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The Department of Revenue under the Ministry of Finance[1] issues notifications from time to time to keep the concerned people updated regarding changes ma...
Along with the consideration for the supply of Goods and/or services, a lot of reimbursement of expenditure occurs. Tax is levied on such expenditures, exc...
The shipping industry is an essential part of global freight transportation, and it manages global trade supply-chain. More than 90% of the world trade is...
The input Tax credit is accumulated when the tax paid on inputs is more than the actual tax liability. The accumulation process is generally carried over t...
According to Insolvency and Bankruptcy Code (IBC), 2016, once a business defaults certain threshold amount, Corporate Insolvency Resolution Process or CI...
The Goods and Services Tax, also commonly known as GST in India, offers a broader and formalised indirect tax structure without cascading effects of the VA...
The 39th GST (Goods and Service Tax) Council meeting was held on this Saturday, i.e. 14th March 2020 at the Vigyan Bhawan, New Delhi. The meeting was chair...
Lotteries will now attract a uniform Goods and Services Tax (GST) from 1st March at 28 percent as notified by the Central Board of Indirect Taxes and Custo...
Since the launch of Startup India in 2016, the startup world in India has undergone a major tra...
GIFT City is emerging as one of the most important finance and IT hubs in India. The vision of...
The Reserve Bank of India regulates the country's financial system and digital payment system....
On April 8, 2026, Sanjay Malhotra, Governor, Reserve Bank of India, made an important announcem...
A comparison of Germany, Lithuania, and the Netherlands is carried out to identify the best cou...
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