The TAS Act aims to modernizing the IRS, has bipartisan support and open for public comment until March 31, 2025.

Implications for Recipients: The responsibility of reversing the ITC lies with the recipient. Upon acceptance of a credit note, the supplier’s tax liability decreases, and the recipient’s GSTR 2B is ...

Upon appeal, the AAAR upheld GAAR’s ruling, rejecting Riddhi Enterprise’s argument. The ruling referenced previous cases, ...

The air cargo industry looks set to face demand pressure this year as US tariffs on China, Mexico and Canada could disrupt ...

Tariffs make foreign goods pricier to protect local industries, but aggressive policies can have negative effects.

A recent Securities and Exchange Commission (“SEC”) settlement with DMK Pharmaceuticals Corporation (“DMK Pharmaceuticals”) and its Chief ...

CGST Commissionerate arrests person for ₹227 crore fake input tax credit fraud, passed on credit to own units.

India Inc anticipates simplified tax laws, reduced litigation, and progressive policies in Budget 2025, with the pharmaceutical and healthcare sectors expected to remain key focus areas for growth.

Washington Post staff tried to separate what is happening from what is not, and to explain what may happen in the future.

Previous expulsions of migrant laborers have proven economically harmful—even for the people the policies were supposed to ...

The synergy between AI and decentralized protocols will be central to the transformation of commerce, argues the founder of ...

If you want to cancel a contract, use our free letter template to cancel a contract for services made at a distance. The Consumer Contracts Regulations contain specific provisions for digital content.