Additionally, Section 37 (1) has been modified to establish MVAT dues as the first charge on a dealer’s property, overriding conflicting provisions in central laws such as the SARFAESI Act and the ...

The government may impose a 20% income tax on offshore digital services, introducing a 10-year prison sentence for sales tax ...

We feel reforms should be undertaken under affordable housing units and projects, introducing credit guarantee schemes, ...

There is a growing expectation that in the upcoming budget, Finance Minister Nirmala Sitharaman will announce measures to ...

If you are starting a business, it is essential that you familiarize yourself with all of the necessary tax forms you will ...

Sales taxes are imposed by most U.S. states ... The IRS doesn't appear to have a set definition for what constitutes a small business. On its Small Business and Self-Employed Tax Center webpage ...

On December 30, 2024, the US Department of the Treasury and IRS issued final regulations providing guidance on tax reporting requirements ...

Assignment, in the context of its legal definition, is not a service but a sale. Since, sale and service are not interchangeable, the levy of GST on assignment of leasehold rights would be ultra vires ...

Sales of affordable homes plummeted to just 18% of total sales in 2024, down from over 38% in 2019, as per Anarock Property ...

The Niagara County Industrial Development Agency awarded Duncan’s Heating and Cooling a $96,000 sales tax abatement for its ...

What Ecommerce Businesses Need to Know About Goods and Services Tax (GST) Verified & Reviewed Published on January 27, 2025 ...