Goods and Services Tax (GST) is an indirect tax system implemented in India to replace multiple cascading taxes levied by the central and state governments. It is a comprehensive, multi-stage, ...

Revenues are projected to be higher in July, according to the government. “While GST collections dropped in June, it is projected that revenues would grow again from July 2021 onwards,” the government ...

For small businesses, getting tax calculations right isn’t just about compliance—it’s about staying transparent, avoiding ...

Managing business finances can often feel like a balancing act, especially when one has to keep up with tax compliance while ...

The meaning of ITC can be easily understood when we take the words ‘input’ and ‘tax credit into consideration’. Inputs are materials or services that a manufacturer purchases in order to manufacture ...

Most entrepreneurs eventually reach a point where they need to start charging the goods and services tax (GST) or the harmonized sales tax (HST). But which one? And when should they begin? Here are a ...

The government might treat alleged multi-utility vehicles (MUV) or hybrid utility vehicles (both remarkably Indian classes) at standard with sports utility vehicles (SUVs) independent of automakers' ...

Counting the actual cost of our meals, inclusive of service charge and GST, can get messy, especially when everyone goes dutch. Here’s an easy way you can calculate the cost for everyone the next time ...

It's going to be a busy quarter for MOF, as it wraps up the last quarterly tranche for 2022 on the GST Vouchers for Singaporean households living in HDB flats. Singaporean households are set to ...