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 ...
(This was originally published in the India File newsletter, which is issued every Tuesday. Sign up here to get the latest news from India and how it matters to the world.) India's festive season is ...
The textile and apparel sector may face a short-term liquidity crunch following the transition to new GST rates from September 22, as input tax credits (ITC) on old inventories could get blocked due ...
Announcing the outcome of 56th GST Council meeting, Finance Minister Nirmala Sitharaman on Wednesday (September 3, 2025) said all individual life insurance policies whether term life, ULIP or ...
Economy fares remain unchanged to keep travel affordable, but higher GST on premium classes has raised concerns among airlines and online travel agents. The Goods and Services Tax Council has raised ...
New Delhi, Sep 8 (PTI) FMCG companies, sitting on a pile of stocks with printed MRP under the current GST regime, are waiting for implementation guidelines from the government to deal with their ...
For multinational organisations, managing electronic invoicing (e-invoicing) and live-reporting compliance is increasingly ...
https://www.thehindubusinessline.com/economy/agri-business/gst-cut-to-make-coffee-affordable-boost-domestic-consumption/article70012222.ece Copy The reduction of GST ...
In a significant boost for Indian healthcare, GST 2.0, effective September 22, 2025, brings major tax relief. Thirty-three life-saving drugs are GST-exempt, while critical cancer and rare disease ...
The reforms in the Goods and Services Tax (GST) announced by the Ministry of Finance on Wednesday could help exporters expand their business and capture larger markets, Commerce Minister Piyush Goyal ...
India's online shoppers have paused purchases as the upcoming GST reforms are likely to make smartphones to televisions cheaper by 10%, according to analysts tracking the e-commerce industry in the ...
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