FICCI and Assocham urge the finance ministry to allow Input Tax Credit (ITC) for real estate developers on commercial assets ...

The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) have released final regulations for two new tax credits under ...

Industry bodies FICCI and Assocham have demanded that real estate developers should be allowed to claim Input Tax Credit (ITC ...

A Crux 2024 market intelligence report expects the tax credit market to play a pivotal role in meeting the increasing demand ...

Please note Section 16 (2) (c) of the CGST Act, 2017, which governs ITC eligibility, has become a major source of contention, particularly concerning supplier defaults. This section stipulates that ...

On January 7, 2025, the US Department of the Treasury (“Treasury”) and the Internal Revenue Service (“IRS”) issued final regulations (the ...

The facility is eligible for the Section 45V Production Tax Credit (PTC (NASDAQ:PTC)) for green hydrogen production and the ITC for its hydrogen storage and liquefaction assets. While the company ...

FICCI and Assocham urge the Indian government to allow input tax credit (ITC) for commercial properties built for leasing, ...

According to Ficci's estimates, India adds approximately 55-60 million square feet of commercial space annually. With a ...

The Supreme Court ruling allowing ITC on leased properties faces uncertainty with a retrospective amendment proposed in the ...

A ministerial panel is considering a 5% GST with input tax credit on term insurance plans. The panel, headed by Bihar deputy ...