The Invoice Managing System (IMS) in GST offers several benefits to businesses, the tax system, and the government by ensuring better transparency, accuracy, and compliance. Here are the main ...

Rwandan-backed M23 rebels who in late January captured Goma, the biggest city in eastern Congo, have since been advancing around one of Africa's great lakes, Lake Kivu, towards the second-biggest city ...

Input tax credit (‘ITC’) is an entitlement available to the taxpayer-but but but…. of course, upon fulfillment of certain conditions. However, the question which is eagerly seeking an answer is that ...

Today, the U.S. Court of Appeals for the Federal Circuit (CAFC) issued a precedential decision in US Synthetic Corp. v. International Trade Commission (ITC) reversing the ITC’s determination that US ...

The U.S. Department of the Treasury (Treasury) and Internal Revenue Service (IRS) have released final regulations for two new tax credits under ...

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

The saver’s tax credit helps people who earn modest incomes save more for retirement. Learn whether you qualify for it and the advantages it can provide.

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

Swiggy Instamart, Amazon India, ITC Mangaldeep, Fortune Foods, BharatPe are among the companies making their presence felt at ...

The IRS estimates one in five eligible taxpayers don’t claim the earned income tax credit on their tax returns, missing out on thousands of dollars.

The Child Tax Credit (CTC) is a SUPER credit because it can create a $2,000 per child reduction in your tax liability for ...