The Input Tax Credit (ITC) allows you to claim credit for the GST paid on business-related purchases. Whether it is raw ...

Input Service Distributor (ISD) [w.e.f. 01/04/2025] The concept of ISD started as a facility made available to businesses having a large share of common expenditure and billing / ...

The Goods and Services Tax (GST) was implemented in July 2017 and multi-state GST registrations have been facing confusion regarding the process for distributing common input tax credits (ITC) availed ...

GST: The government has made the ISD mechanism mandatory, effective April 1, 2025. This means that the distribution of common ...

Government has taken any steps to ease the compliance under GST for MSMEs and small taxpayers since the introduction of GST; b. if so, the details thereof; c. the steps taken in the last five years to ...

Through February 2025, the average tax refund was $3,182. That's a 6.3% increase from the same period in 2024.

Trade associations in Bangladesh are demanding a simpler and investment-friendly tax structure that would ensure sustainable economic growth and broaden tax collection in the country..Leaders of the ...

Freelancers and small business owners may find GST registration more complex than anticipated. Requests for additional ...

CNBC Select explains how filing digitally and arranging for direct deposit can speed up your refund by a matter of weeks.

Hari Sandhu explains what's at risk for investors with R&D misclaims and how to safeguard against these errors ...