The Supreme Court held that the mandatory GST appeal pre-deposit need not be paid only in cash. Valid input tax credit in the Electronic Credit Ledger can be used, easing cash-flow pressure on ...

Explains the legal situations where suppliers can correct excess GST through credit notes. Highlights that reduction in tax liability is conditional on timelines, ITC reversal, and absence of unjust ...

The recent GST reset of slabs and rates was welcome, but not enough. Removing anomalies in GST’s input tax credit system ...

HDFC Life’s December quarter results may show strong APE growth, offset by margin impact from input tax credit loss ...

Unidentified persons allegedly duped the state government by falsely claiming input tax credit (ITC) to the tune of over Rs 3.51 crore.

Industry leaders are also calling for higher infrastructure spending, stronger credit support for MSMEs, and targeted ...

The Goods and Services Tax (GST) exemption on life insurance premiums has driven a 21% year-on-year increase in private life insurers’ sales in October–November 2025, even as profitability faces ...