Way Bill Applicability for Gold and Precious Stones. The e-Way Bill (EWB) system under the Goods and Services Tax (GST) ...

A tax invoice is a crucial document issued by a registered supplier under GST regulations. As per Rule 46 of the CGST and SGST Rules, it must include specific details to ensure transparency and ...

The Finance Bill 2025 proposes 11 significant amendments to GST provisions, addressing anomalies and introducing ... Maintain records or documents in such form and manner. Furnish details of machinery ...

Under GST, GSTIN of the supplier is mandatorily required to be mentioned in the tax invoice along with a consecutive serial number that is unique for each financial year. Hence, businesses must adopt ...

New Income Tax Bill: The Union Cabinet has approved the New Income Tax Bill, which aims to replace the 1961 Act by simplifying direct tax legislation. This proposed bill, featuring clearer ...

House Republicans are uniting around a massive tax and spending bill to codify President Donald Trump’s campaign promises that will not require substantial spending reductions, according to ...

Over these years, the Income Tax Act has undergone so many revisions that it arguably looks very different from the shape and form it carried ... The new tax bill will be clear and direct in ...

Even as the government announced rationalisation of income tax rates in the Budget, there is also work going on to simplify and rationalise the Goods and Services Tax (GST) regime. Discussions between ...

The new Income Tax Bill is a key element of the regulatory reforms announced by finance minister Nirmala Sitharaman in her budget speech on 1 February, which outlined the reforms meant to add ...

Finance Minister Nirmala Sitharaman told the house that she would be introducing the new income tax bill next week. She would be detailing the changes and reforms to indirect taxes and direct ...

Roughly two months after Fulcher first introduced his bill, Trump called for ending taxes on overtime wages for individuals who work more than 40 hours in a week. Vice President Harris’s ...

KARACHI: Karachi Tax Bar Association (KTBA) has raised concerns over recent changes to the online Sales Tax Return format implemented ... report reasons for each invoice in Annexure A or Goods ...