The Goods and Services Tax (GST) rates, revised by the GST Council, became effective on September 22, 2025, necessitating immediate updates to accounting software for GST-registered businesses. , ...
The GST Council has eased compliance for businesses, particularly FMCG companies, by removing the requirement to link credit notes to specific invoices. This change addresses a long-standing pain ...
GSTN has announced major changes to the Invoice Management System (IMS) effective October 2025. Key updates include pending ...
The government's new GST circular clarifies the treatment of trade discounts and credit notes but increases compliance and ...
The Goods and Services Tax (GST) Council, after its 56th meeting on 4 September 2025, announced a GST exemption on all health and life insurance premiums as part of the central government's indirect ...
The GST Council’s landmark decisions are expected to boost consumption and credit expansion, ultimately driving economic growth, according to bankers. On Wednesday, the GST Council approved an ...
NEW DELHI: The GST Council has provided a much-needed relief to businesses, especially FMCG players, as credit notes are no longer linked to the invoices, which complicates matters for companies and ...
BANGALORE/MUMBAI: The recent cut in goods and services tax (GST) rates on several consumer items is expected to block the working capital for stockists, distributors and retailers holding inventory ...
The Congress on Sunday accused Prime Minister Narendra Modi of taking “sole ownership” of the amendments made to the GST regime. “Modi addressed the nation to claim sole ownership of the amendments ...
The Life Insurance Council - a forum of industry stakeholders - is expected to seek clarity from the Insurance Regulatory and Development Authority of India (IRDAI) and the Centre on key issues ...
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