To address the issue of strict penalties faced by MSMEs for delays in GST payments or return filings, the report said the government should introduce a tiered penalty structure that takes into ...

Governments’ yuletide generosity comes with a hidden price tag, and mortgage borrowers will foot the bill.

While Worldpay noted that Singapore is leading in cashless transactions, with only 15% relying on cash compared to Malaysia’s ...

The very idea behind the possible implementation of the GST Bill is to unify taxes that we pay on goods and services into one single entity ... Instead a multi-tier tax slab has been put forth with ...

When it comes to liquor, drinks containing more than seven per cent alcohol still face the GST, meaning spirits, most wines ...

The forward charge rule says supply timing is when the invoice is issued or payment is made. This rule covers most GST dealings. Businesses need to keep track of these GST supply event rules to stay ...

The petitioner is aggrieved with the cancellation of registration by Annexure P-2 order passed on 09.02.2023. against which ...

Speaking on background, a Finance Ministry official said that legislation on the GST moved first because of a “real time ...

NDP has vowed to help pass temporary tax holiday this week, but are pressing the Trudeau government to expand eligibility for ...

It is a simple and hassle-free process to pay tax online. The IT department has launched an e-filing capability for taxpayers with an online banking account. As a result of this, there are now two ...

OTTAWA—The Liberal government’s two-month GST cut passed the House of Commons late Thursday night, clearing a major ...

It has not yet been decided whether it will be part of the agenda of the GST Council’s next meeting scheduled in December ...