Analysis of GSTR-9 and 9C changes for FY 2024-25, including mandatory ITC segregation, new reversal disclosures, and detailed reconciliation requirements. Due date is Dec 31, 2025; exemption for ...
DGGI uncovers Rs 21.64 crore GST evasion in Karnataka scrap business. Fake invoices, fraudulent ITC claims, and arrest made.
Despite GST's modernization, GSTR-9 and GSTR-9C annual returns face technical flaws, ambiguity in ITC/RCM reporting, and portal limitations, complicating taxpayer ...
For every ₹1 of GST revenue forgone, the economy expands by ₹1.08. Simply put, GST cuts generate the strongest growth impact among all tax measures. GST 2.0’s aim is to lift retail consumption.
You might find an extra couple hundred dollars in your bank account this morning, as this year’s final goods and services tax and harmonized sales tax (GST/HST) credit gets doled out to eligible ...
At Hyundai, demand for the Creta and Venue pushed SUVs' share of total sales to over 72 per cent. India's consumer economy has achieved its highest Navratri sales in over a decade, a surge attributed ...
Consumer sentiment weakened in October, as the RealClearMarkets/TIPP Economic Optimism Index, the first monthly read on U.S. consumer confidence, slipped from 48.7 in September to 48.3, a modest ...
FMCG companies and distributors are under scrutiny for not fully passing GST benefits to consumers, especially on low-priced packs, with both sides blaming each other. Authorities are preparing to ...
Maruti’s most popular sub-4m SUV offering, the Brezza, has become more affordable by up to Rs 1.12 lakh following the revision in the GST rates Prices of all variants of the Maruti Brezza have been ...
Auto retails surged by a record 34% to 11.6 lakh units during the Navratri period, driven by GST cuts and the start of the festive season. Passenger cars and two-wheelers saw significant growth, with ...