To begin with, the IRS offers a series of directions on its website to help US citizens determine what their taxes are, ...

Tax season is officially underway. The IRS expects over 140 million people to file tax returns before the April 15 deadline.

Tax season is the time of year is one many dread and along with it, comes the headache many people know all too well.

In GST, the importance of reconciliation has increased multi-fold due to the compliance process that law brings in along with its legal provisions. The compliance process in GST generally requires ...

The increase in operational costs nowadays has made many businesses outsource various operations to save money. So, if you ...

Bajaj Auto faces over ₹10 crore penalty for GST classification, plans legal challenge against tax authority's order.

With rising inflation, job uncertainties, and the burden of indirect taxes, households across the country are eagerly anticipating relief in key areas—food, housing, education, and employment.

Bajaj Auto faces a Rs 10 crore GST penalty for classifying instruments cluster incorrectly. The company plans to legally challenge the order, claiming it lacks merit.

Bajaj Auto Ltd on Friday said it has been imposed penalty and interest of over Rs 10 crore by the tax authority in a matter ...

It may be noted that tentatively from January 2025 tax period, the GST Portal is going to restrict making changes in auto-populated liability in pre-filled GSTR-3B from GSTR-1/1A/IFF to further ...

GST registration is mandatory for businesses exceeding a turnover of ₹40 lakh (₹10 lakh for special category states).