Cancellation of GST registration due to assessee’s failure to file returns on time would be revoked in case of genuine medical reasons and assessee's willingness to pay tax and interest without ...

Beginning July 2025, GST taxpayers must file returns within three years of the due date to avoid penalties.

The GST Council has decided to abolish the tax on health insurance and life insurance premiums. This will come into effect ...

Understand the complexities of Input Tax Credit (ITC) under GST. This overview explores how the system functions as both a benefit and a burden for ...

India's Goods and Services Tax (GST) management body, the GST Network, announced on Saturday, 7 June 2025, that taxpayers will not be able to file their monthly or annual GST returns after three ...

Insurance is in the spotlight with the government’s proposal to exempt health and life premiums from the 18% GST. While the step could make policies more affordable, industry leaders say that the ...