Daily Excelsior

The Importance of Using a GST Calculator for Small Businesses

For small businesses, getting tax calculations right isn’t just about compliance—it’s about staying transparent, avoiding ...
Indiatimes

GST reforms: No input tax credit on commission for individual health, life insurance policies from Sep 22; insurers to bear cost

Starting September 22, insurers can't claim input tax credit (ITC) on GST paid for commissions on individual health and life policies, as clarified by CBIC. This aligns with the new GST structure ...

Invoice Management System under GST: The true enabler for accurate Input Tax Credit claims

Input Tax Credit (ITC) has long been a complex terrain for businesses navigating the intricate world of Goods and Services ...
The Financial Express

Many insurance portfolios still left for insurers to avail input tax credit, says FM Sitharaman as she defends nil GST

Many insurance portfolios still left for insurers to avail input tax credit, says FM Sitharaman as she defends slashing GST to zero (AI-generated image) Defending the GST Council’s move to bring down ...