This article outlines key GST and Income Tax resolutions for 2026. Following them helps taxpayers avoid penalties and stay compliant ...

The Ministry of Finance has delayed the provisions related to TDS (Tax deducted at source) and TCS (Tax collected at source) for ecommerce players. The move is made in a bid to ensure the smooth ...

The central government has finally rolled out the onerous tax collected at source (TCS) provisions on Thursday (September 14) which was kept in suspension since the introduction of GST in July 2017.

Income-tax refunds have risen sharply from Rs. 1.92 lakh crore in FY21 to Rs. 4.76 lakh crore in FY25. A substantial portion ...

Online retailers Flipkart, Snapdeal and Amazon on Thursday (February 09) came together to raise concerns about the tax collection at source (TCS) clause under draft model GST law, saying it could ...

TCS is a 1% tax on motor vehicles over ₹10 lakh. Buyers can claim a refund when filing their annual ITR, provided they meet eligibility criteria.

Budget 2025 Expectations: With the Union Budget 2025-26 scheduled for February 1, 2025, the Federation of Indian Chambers of ...

Explore how structural GST reforms can unlock the next wave of retail growth in India, focusing on compliance, tax efficiency ...