The GST Composition Scheme simplifies tax for small businesses with limited turnover, offering a low fixed rate and reducing ...

The Kerala State Goods and Services Tax (SGST) Department has issued a detailed advisory to GST-registered traders and businesses ahead of the 2026–27 financial year, highlighting several key ...

About 90% of distributors, who contribute about 40-50% of the mutual fund industry's assets under management, worth ₹81 trillion, are likely to be non-GST-compliant, say experts. New rules will make ...

Courts have increasingly held that Input Tax Credit cannot be denied to bona fide taxpayers merely because suppliers failed to pay GST. Authorities must prove fraud or collusion before disallowing ...

The GST portal now enforces mandatory bank account validation for registered taxpayers. Failure to link or validate bank details within the prescribed time can result in automatic GSTIN ...

Filing your taxes probably isn’t how you want to spend your free time, but it doesn’t have to be a headache. With TurboTax, the process is usually pretty painless—you can choose from a variety of ...

The standard deduction has been super-sized for seniors. Thanks to provisions in the One Big Beautiful Bill Act, taxpayers 65 and older can claim an additional $6,000 without itemizing their ...

Tax season is underway, so it’s a good time to start thinking about your filing options. While submitting your tax return may not be the most exciting thing on your 2026 to-do list, saving money on ...