Tata Steel has received a ₹1,007 crore GST show cause notice for alleged irregularities in input tax credit claims between ...

Tata Steel has been issued a show cause-cum-demand notice by tax authorities over an alleged irregular availment of input tax ...

The tax department has directed Tata Steel to explain, within 30 days, why GST amounting to ₹1,007.54 crore should not be ...

The latest version of President Donald Trump’s “big beautiful bill” provides larger tax credits to semiconductor manufacturers building plants in the U.S.

Under GST norms, enterprises are allowed credits in input tax on purchases meant for outputs, which they can claim in the ...

The Sikkim High Court has ruled that businesses are eligible for refunds on unutilised input tax credit (ITC) even after discontinuing operations. This decision came after SICPA India, a security ...

The U.S. Senate should make changes to House budget reconciliation bill provisions that phase out clean-energy tax credits, including easing start-date requirements, Republican Senator John Curtis of ...