The 56th GST Council meeting brings a historic overhaul with a simplified three-slab structure, rate cuts, key exemptions, and GST-free insurance to ease compliance and reduce costs.
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The Goods and Services Tax (GST), implemented in India on July 1, 2017, is a comprehensive, multi-stage, destination-based tax that has replaced multiple indirect taxes like VAT, excise duty, and...
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Receiving a notice from the Income Tax Department can feel overwhelming, especially if it’s under Section 142(1) of the Income Tax Act, 1961. However...
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