The gross GST collection rose 7.3 per cent year-on-year to Rs 1.77 lakh crore in December despite significant increase in both domestic and export refunds. Illustration: Dominic Xavier/Rediff.com......
In a development that may encourage increased investment in commercial real estate, the Supreme Court on Thursday gave the industry relief by permitting input tax credit (ITC) on construction......
The government could look at providing deductions for expenses incurred by salaried employees while working from home in the upcoming Budget as it looks to boost demand, consulting firm PwC India......
The country's GST collections grew 4 per cent to a high of Rs 95,480 crore in September, indicating that economic recovery is in sight. Illustration: Dominic Xavier/Rediff.com Goods and Services......
The tax, in lieu of local levies, will be imposed at the first point of a financial transaction. The central government’s draft of the national goods and services tax (GST) law says all types......