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55th GST Council Meeting held on 21st Dec 2024 decided to bring supply of the sponsorship services provided by the body corporates under Forward Charge Mechanism.

Sponsorship Services provided by Body Corporates under Forward Charge Mechanism

The GST Council proposes removing the late fee for filing GSTR-9C by March 31, 2025, in the event of delayed FORM GSTR-9C furnishing from 2017-18 to 2022-23.

GST Council provides relief to Taxpayers by waiving Late Fees for GSTR-9C Filing by 31st March 2025

The GST Council in its 55th Meeting has decided that Composition Dealers under GST are no longer required to pay RCM on renting of commercial property from unregistered persons.

Composition Dealers no longer required to Pay RCM on renting of commercial property from Unregistered Persons

The AP Chambers wrote to Finance Minister urging her to reconsider the proposed increase in GST on garments from 12% to 18%, as well as the imposition of 28% GST.

AP Chambers urges GST Council not to Increase Tax on Garments

The Supreme Court's ruling in the Safari Retreats case, which permitted commercial real estate firms to claim ITC on the construction expenses of their rental properties, has been "nullified" by the government.

SC ruling overturned; GST Council corrects Safari Retreats' "error" retroactively

Income Tax Investment Declaration: Steps to Follow When Changing Jobs to Avoid Double Claims Close to the end of the financial year is the t

Income Tax Investment Declaration: Steps to Follow When Changing Jobs to Avoid Double Claims

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