There is no legal restriction on the time of issuing a credit note; however, it must be reported in GST returns within a specified period, typically by November 30 of the following financial year or ...

March 2025 is crucial for GST compliance, requiring businesses to complete 16 key actions. These include reconciling outward ...

With a continuing resolution passed and the federal government funded through September, Republican members of Congress are ...

In a significant ruling that promises ease of compliance to taxpayers under the goods and services tax, the Supreme Court has ...

Supreme Court directs CBIC to re-examine tax return error provisions, reinforcing principle that buyers shouldn't be penalized for supplier errors.

The Input Service Distribution (ISD) mechanism will enable businesses with branches in multiple states to consolidate ...

The EU Commission has proposed changes and partial delays to its carbon tax on imports of fertiliser and steel, known as the Carbon Border Adjustment Mechanism (Cbam), and the UK is facing ...

Congress spokesperson Supriya Shrinate warned that this provision ... our personal lives altogether. Under (Prime Minister Narendra) Modi's new income tax law, the government is quietly giving ...

But there’s good news—a federal tax credit could help homeowners save ... If this sounds familiar, experts say your home may be under-insulated. Local contractor Jay Barseghyan is currently ...

The bill has introduced the term ‘virtual digital space’ in the provisions ... tax evasion. Although the government intercepts money laundering through search actions under laws such as ...