Businesses benefit from Senate changes that would make permanent a series of breaks that had been offered only temporarily in ...

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

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

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

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

House GOP plan to raise child tax credit adds citizenship provisions. The bill would boost the tax break to as much as $2,500 but end it for children of undocumented immigrants and married parents ...

Allahabad High Court invalidates GST order for lacking survey report, hearing, and notice of judgment pronouncement, upholding natural ...

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

Understand key restrictions on Input Tax Credit (ITC) under Section 16 of the CGST Act, 2017, and recent judicial ...

They want the tax credits that incentivized those projects to be available through to completion. These include the Code Sec. 45Y Clean Electricity Production Credit and the Code Sec. 48E Clean ...

Senate Republicans said Tuesday they were eyeing changes to the GOP-led megabill, with some saying they wanted to save or alter some renewable energy tax credits slashed by House Republicans last ...

Under current law, the maximum child tax credit is $2,000, which will revert to $1,000 after 2025 without action from Congress. Both House and Senate proposals would increase the top credit, but ...