This case explains how GST law overrides mutuality by treating associations and members as distinct taxable persons. It clarifies that internal transactions like membership fees now qualify as taxable ...

While the data is at a record high, the biggest factor driving the surge has been the growth in import-led revenues which ...

Gross revenues from domestic transactions rose 4.3 per cent to over ₹1.85 lakh crore, while GST mop-up from imports increased ...

For purposes of determining the inclusion ratio, every individual is allowed a GST exemption (the base figure is adjusted annually for inflation). The amount is $13.99 million in 2025 (projected), $13 ...

Since the 2016 World Economic Forum, the Fourth Industrial Revolution has become one of the most talked about movements. India is at the forefront with rapid digitalisation across industries.

Punjab has recorded its highest-ever monthly Goods and Services Tax (GST) collection since the rollout of the indirect tax regime, with the state also emerging as the fastest-growing in GST revenue ...

The state recorded gross GST collections of ₹2,987.38 crore in April, while net collections stood at ₹2,725.08 crore, ...

GST does not apply to stock value or profits, but is charged at 18% on trading-related services. Frequent traders face higher ...

The Punjab government has set a benchmark in tax revenue with the highest-ever monthly collection of Goods and Services Tax ...

Harpal Singh Cheema said, 'According to Government of India data, Punjab has recorded a staggering 66% growth in ...