The Ministry of Finance, Department of Revenue, has issued a Corrigendum (F. No. A-50050/99/2024-GSTAT-DOR) dated November 29, 2024, revising its earlier notification from November 26, 2024. The corrigendum amends the jurisdiction of State Benches of
GSTN has prepared an informative resource in the form of an e-invoice glossary and a step-by-step guide for your reference.
The Ministry of Petroleum and Natural Gas has proposed including natural gas in the Goods and Services Tax (GST) framework, a move aimed at streamlining taxation and benefiting key industries like fertilizers and steel.
India's fiscal deficit for the financial year 2024-25 is projected to be 4.75% of the gross domestic product (GDP), 19 basis points (bps) lower than the budget estimate of 4.9%, according to India Ratings and Research (Ind-Ra).
Goods and Services Tax (GST) revenue for November 2024 is expected to surpass October's collection of Rs 1.87 lakh crore, according to a senior government official.
Personal income tax collections emerged as a critical driver of government revenues in the first half of fiscal 2025, counterbalancing subdued growth in corporate tax and other indirect tax components
A group of income-tax officials has submitted a detailed report to the CBDT, recommending significant changes to enhance the enforcement of the Black Money and Imposition of Tax Act, 2015.
The government collected a significant ₹4,792 crore in Goods and Services Tax (GST) from the education sector during the financial year 2023-24.
The Ministry of Finance (Department of Revenue), through the Central Board of Indirect Taxes and Customs (CBIC), has issued Notification No. 29/2024 – Central Tax dated November 27, 2024.
GSTN has prepared a consolidated document on authorized B2B e-invoice verification apps available for download.
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