From April 2025, hotels designated as 'specified premises' will charge an 18% GST on meals, affecting dining costs and events ...

Hotels not in the specified premises category have the option to either impose the tax or continue with the 5 per cent GST on ...

For restaurant services supplied outside specified premises, a GST rate of 5% will be applicable without input tax credit.

In a renewed crackdown on tax evasion, the income tax department has begun re-examining several previously concluded ...

The Supreme Court of India has directed the revenue authorities to allow taxpayers to rectify bonafide errors in the GST returns leading to allowance of input tax credit. The right to correct mistakes ...

Denying input tax credit due to procedural lapses, when the tax itself has been paid, not only causes double taxation but ...

BENGALURU: The Ministry of Finance & Corporate Affairs has sought to clear the confusion among apartment owners and resident ...

New Delhi: The Income Tax (I-T) Department has started reopening old tax assessment cases. The main aim is to catch ...

Claiming GST credit on gadgets like iPhones may sound like a smooth strategy, but the devil lies in the details ...

Max Estates received a show cause notice from the GST department for recovering Rs 2.25 crore related to inadmissible input ...