To calculate the input tax credit applicable, one can follow these steps: 1) Find out if you are eligible to claim an ITC. 2) Determine the percentage of use in your commercial activity. 3) Determine ...

How to check the GST rates for various items using the revised GST table published by the Central Board of Indirect Taxes.

As an entrepreneur, every rupee saved is a rupee earned. Managing business expenses wisely is crucial, and leveraging the Input Tax Credit (ITC) system under GST can significantly reduce your tax ...

As India commemorates eight years of GST, the business community is increasingly vocal about the need for reforms that enhance working capital efficiency. Reflecting on this, Deloitte’s GST@8 survey, ...

Starting September 22, 2025, India will witness one of the biggest shifts in its indirect tax system since GST was first ...

The big news at this hour- In the wake of the 50% Trump tariff, the Government is on a reform overdrive, and the GST rates have been overhauled. The new GST rate is in place, and the Government has ...