The GST reform holds immense potential to bolster India's MSME sector, but its current framework requires critical ...

GST will not be charged on penal charges levied by banks and NBFCs, as clarified by the CBIC. This exemption is due to such ...

The DIN under GST is a 20-digit unique code assigned to official communications sent by tax authorities to registered ...

The Auto Industry's Expectations from Budget 2025 highlight key areas of focus, including reforms in GST to streamline ...

In anticipation of Union Budget 2025, students voice their expectations for progressive reforms. Key demands include improved ...

As we near Finance Minister Nirmala Sitharaman's eighth Budget speech on February 1, 2025, stakeholders share their wishlist ...

2. Applicability of GST on penal charges being levied by the Regulated Entities (REs) in view of RBI instructions dated 18.08 ...

The Central Board of Indirect Taxes and Customs (CBIC) has clarified that GST will not be applicable on penal charges levied ...

Union Budget 2025 to revolutionize India's insurance sector with 100% FDI, GST relief, composite licenses, and value-added ...

The RBI in its circular had directed regulated entities to replace "penal interest" with "penal charges" for borrowers who fail to comply with loan terms ...

Students urge for GST relief, better infrastructure, and support for the middle class in Union Budget 2025 to enhance ...

With ambitious goals like achieving 30% EV penetration by 2030, the challenges of affordability, infrastructure gaps, and ...