The first benefits of the new year will go out Friday, with eligible Canadians receiving goods and services tax (GST) or harmonized sales tax (HST) credits from the federal government. It’s the third ...

The GST Council, as widely expected, moved to a two-slab indirect tax system by retaining the 5% and 18% rates and doing away with the 12% and 18% slabs. The GST Council has been maintaining the ...

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

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 recent decision by the GST Council to exempt notebooks and other school stationary from Goods and Services Tax (GST) is being widely praised as a progressive step towards making education more ...

Mumbai: Restaurants and hotel chains expect a boost in their revenues as taxes are set to decrease on hotel rooms priced below ₹7,500 and on crucial inputs such as processed food and utensils. However ...

FADA urges FM to resolve compensation cess credit issue under new GST regime ahead of festive season In a letter to Finance Minister Nirmala Sitharaman, the Federation of Automobile Dealers ...