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Finance Minister chaired the 55th GST Council meeting and one of the primary decisions made was to waive the GST on payments made to the Motor Vehicle Accident Fund (MVA Fund).

GST Council proposes Exemption of Tax on Third-Party Motor Premiums under MVA Fund

The Goods and Services Tax Network (GSTN) has issued an advisory on the entry of receipt numbers pertaining to leased wagons in the E-Way bill system.

GSTN Advisory on Entry of Receipt Numbers Pertaining to Leased Wagons in the E-Way Bill System

The GST Council's latest proposal to raise the GST rate on the sale of old and used vehicles from 12% to 18% is projected to have a negative impact on trade growth.

GST hike on Used Cars Sale will shift Transactions to informal channels

The Bombay High Court has directed the Central Board of Direct Taxes to extend the Income Tax Return (ITR) filing date due to technical issues faced by taxpayers.

Bombay High Court directs CBDT to extend the ITR deadline for Select Taxpayers

The GST Council's recent decision to impose an 18% tax on the resale of secondhand electric vehicles (EVs) has caused major misunderstanding.

GST Increase on Sale of all Old and Used Vehicles: 18% GST need to pay on 'loss margin' of EV resale?

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The Union Budget 2024-25 also brought significant changes to the personal income tax structure, with the goal of simplifying the tax system, improving compliance, and boosting economic growth.

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GST Council proposes Exemption of Tax on Third-Party Motor Premiums under MVA Fund

GSTN Advisory on Entry of Receipt Numbers Pertaining to Leased Wagons in the E-Way Bill System

GST hike on Used Cars Sale will shift Transactions to informal channels

Bombay High Court directs CBDT to extend the ITR deadline for Select Taxpayers

GST Increase on Sale of all Old and Used Vehicles: 18% GST need to pay on 'loss margin' of EV resale?

Income Tax Changes 2024: Significant Reforms Revolutionised Indian Personal Finance