GSTN has announced major changes to the Invoice Management System (IMS) effective October 2025. Key updates include pending ...

This article examines advanced and practical challenges with the GST Input Service Distributor (ISD) mechanism, covering issues from expense identification to ITC eligibility and procedural ...

New GST rates took effect on September 22, 2025, necessitating software updates for registered taxpayers. A step-by-step ...

Understand the implications of GST rate changes on outward supplies, input tax credit, and tax liability. Learn how to handle billing, credit notes, and ...

Discounts given by manufacturers to dealers for competitive pricing are not considered as GST for further supplies to customers.

Indian Bank SO Recruitment 2025 has out now with 171 vacancies for Specialist Officer posts. Apply online Starts from 23 Sept to 10 Oct 2025 for managerial roles in key banking sectors.

The South African Revenue Service (Sars)’ proposed Value-Added Tax (VAT) Modernisation Project is geared to combat challenges faced by traders, businesses, and Sars, including compliance ...

IDFC FIRST Bank has announced that pay GST for both its customers and non-customers. The integration is open not only to the customers of the bank but also to the non-customers. The bank's statement ...

What Is a Debit Note? A debit note is a document used and issued by a vendor to inform the buyer of current debt obligations. It is similar to an invoice, which contains information about a sale, but ...

The GST Council has eased compliance for businesses, particularly FMCG companies, by removing the requirement to link credit notes to specific invoices. This change addresses a long-standing pain ...

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 ...

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 ...