The president says the VAT system used across Europe gives other countries unfair trade advantages. Here’s how the system ...

Despite the EV hype, the overall EV market grew just 11% in 2024. December's total EV market share was a mere 9.9%. That's nothing to scoff at, but far from where automakers wanted EVs to be by this ...

The Directorate General of GST Intelligence (DGGI) has busted an allegedly bogus Input Tax Credit (ITC) claims fraud of Rs ...

The Pune Zonal Unit of DGGI has uncovered a GST evasion scheme involving ₹1,196 crore, arresting one individual. A network of ...

DGGI uncovers 1,196 crore tax fraud involving fake invoices, e-way bills, shell entities, and bogus companies.

The Directorate General of GST Intelligence (DGGI) has unearthed fraudulent Input Tax Credit (ITC) transactions amounting to Rs 1,196 crore by exposing a network of bogus companies and arrested a ...

For tax year 2024 (filing in 2025), the child tax credit is worth up to $2,000 for each qualifying dependent child who was ...

Final tax credit guidelines from the Biden administration reward cleaner hydrogen projects regardless of technology but ...

A ministerial panel is considering a 5% GST with input tax credit on term insurance plans. The panel, headed by Bihar deputy ...

Section 110(A) of the Tax Code, as amended, identifies the transactions creditable against output tax. Among the transactions are the purchase or importation of goods for sale, for conversion into or ...

The review petition filed by the Finance Ministry is expected to come for hearing by end of February, when the apex court may ...