The NDP government’s new Path to Net Zero plan has all the right buzzwords — sustainability, electrification, resilience — ...

Recent GST changes simplify post-sale discounts via Credit Notes, mandate invoice-wise TDS reporting in GSTR-7, impose a 3-year limit on filing old returns, and introduce electronic filing for GSTAT ...

Insurers face higher operating costs, and distributors face lower earnings, highlighting the unintended consequences of a ...

Festive spending surges with GST cuts and supportive RBI policies, but growth continues to be below aspirations ...

Flipkart's new logistics invoicing structure, which recasts marketplace fees as ‘Goods Transport Agency charges,’ is angering ...

Chief Minister Siddaramaiah confident in completing Social and Educational Survey in Karnataka by October 7, despite ...

GST Council's move to two slabs (5%, 18%) makes consumers happy but burdens traders with lakh crore of high-taxed inventory. Relief on revised MRP labels is out, but government is yet to notify rules ...

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 government’s recent circular has brought clarity on trade discounts and credit notes under the GST regime, but has shifted compliance obligation and cash-flow pressure onto FMCG distributors, ...

GST circular 251 clarifies input tax credit rules, but distributors face cash flow issues due to excess ITC balances.

The government's new GST circular clarifies the treatment of trade discounts and credit notes but increases compliance and ...