The issue was whether Section 74 penalties apply when tax is paid later but monthly returns were not filed. SC upheld that wilful suppression through non-filing justifies penalty despite subsequent ...

Jan. 26 marks the official start date of the 2026 tax filing season, when the IRS will begin accepting and processing 2025 ...

GSTN will soon enforce system-level blocking if ITC reclaimed or RCM ITC exceeds ledger balances. Key takeaway: taxpayers must reconcile ledgers to avoid filing ...

From laws that could affect your immigration status to measures that may change how you file your taxes in Canada this year.

Former U.S. Rep. Gabby Giffords returned to the House floor Thursday on the 15th anniversary of the assassination attempt ...

Many Canadians rely on government payments to help manage household expenses, including GST/HST credits and, for eligible ...

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

The Canada Revenue Agency has set clear deadlines for filing your 2025 tax return in 2026, with April 30, 2026, marking the ...

NASA is cutting a mission aboard the International Space Station short after an astronaut had a medical issue. The space ...

Eternal Ltd, the parent company of food delivery platform Zomato, has received a Rs. 3.69 crore GST penalty notice from West ...

Will Budget 2026 solve India’s MSME ‘missing middle’ crisis? Key expectations on credit access, GST reforms, fintech lending, and growth policies.

FM Nirmala Sitharaman to present her 9th Budget. Focus expected to be on consumption push, income tax relief, MSMEs, defence, ...