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The Central Government might reduce the luxury tax slab of 28% on construction items ahead of the 2019 election. The move will be aimed to stimulate the currently dull construction sector.

Many small and medium scale companies were panic-struck upon receiving notices from the Indirect Direct Tax Department.

GST is about to complete a year on 1st July, but still, people are confused between the banking services which attract GST and which are not.

The reverse charge mechanism is soon going to be implemented across the country starting from 1st July, exactly one year after the implementation of the most popular tax regime i.e. GST.

The technological fabric of GST intertwined with compliances complexities and multiple-stage taxing has spelt doom for the once flourishing Textile and Powerloom Industry of Surat.

Bullion Gold Dealers and Jewellers claim that post the implementation of goods and service tax, the illegal trading of Gold has increased manifold.

Taxpayers these days are running head and toes for their documents which have to submit within 7 days after getting the due noticed from the income tax department.

Logistic Efficiency is paramount for profitable business operations. The 18-20% decrease in turnaround time for road transport sector post GST introduction are good omens for business operations.

DBB, a large FMCG sector company, has filed a petition in the Nainital Bench of the Uttarakhand High Court. The petition is regarding Dabur’s refusal to pay ITC under GST on goods manufactured in special exempted states during the VAT regime.