A business that uses the duty structure refund (section 54) under GST can claim a refund of excess input tax credit when the input tax is greater than the output tax assessed on its sales. This ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. WPP is preparing to bring its three main creative advertising agencies under one banner as part of sweeping ...

India’s automotive sector recorded strong growth in calendar year 2025, supported by tax rationalization under the Goods and Services Tax (GST) framework, the continued support for electric vehicles ...

New Delhi: Exporters on Thursday sought a series of measures, including tax incentives, and rationalisation of import duties, in the upcoming Budget. Apparel exporters sought fiscal incentives, ...

Refund under the Inverted Duty Structure (IDS) is a month-wise statutory entitlement under GST and cannot be averaged or clubbed across multiple months. Section 54(3) of the CGST Act read with Rule 89 ...

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is ...

Industry experts are urging the government to address the inverted duty structures affecting electric vehicle (EV) manufacturers. They also advocate for a distinct Goods and Services Tax (GST) ...

December 24, 2025 - Bitcoin's 2025 price swings may not have been predicted, but they impacted market conduct in predictable ways. When asset prices decline, disputes over the allocation of losses ...

Can you chip in? This year we’ve reached an extraordinary milestone: 1 trillion web pages preserved on the Wayback Machine. This makes us the largest public repository of internet history ever ...