Both sales tax and GST are indirect taxes, meaning they are charged on transactions (purchases) instead of income, and the cost is ultimately paid by the person who buys the final product. The ...
The Goods and Services Tax (GST) in India is an indirect tax that has replaced many previous indirect taxes such as excise duty, VAT, and service tax. GST is levied on the supply of goods and services ...
ABP News on MSNOpinion
Union Budget 2026 | GST 2.0 Isn’t Enough, Here’s What Businesses Still Struggle With
By Smita Singh A critical aspect of GST implementation over the past 8 years to some extent has been policy variability. In ...
Despite technological advances and interstate trust embedded in the system, entrepreneurs struggle with audits, paperwork, ...
While acknowledging GST 2.0 as a "landmark reform" for the sector, particularly the reduction in GST from 12 per cent to 5 per cent on Schedule 1G items and their mixtures, the industry body said ...
GSTN issues advisory on RSP-based GST valuation for tobacco products, clarifying reporting for e-invoicing and compliance ahead of February 2026 rollout.
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