The Indian government is preparing a major GST overhaul, replacing the 12% and 28% slabs with a simplified two-rate system of 5% and 18%. Sin goods could face a steep 40% levy.
Explore the Residual Method of Valuation under GST (Rule 31). Learn when and how it's applied, key principles, examples, and best practices for compliance.
Has LUT for exports lost its relevance? Discover why merchant exporters are shifting to IGST for faster refunds, better liquidity, and smoother GST compliance in India.
Explore whether interest income should be included in aggregate turnover for GST registration. Covers legal provisions and practical examples for accurate GST compliance.
Learn how to register for VAT in Oman with this step-by-step guide. Understand thresholds, documents, portal process, and post-registration compliance.
Explore the step-by-step process of how to calculate VAT in Oman in this guide, including examples and tips to ensure accurate tax compliance for your business.
Textile wall coverings come under HSN 5905 and carry a 12% GST rate. This code is used for correct billing and GST filing. Here’s what that means for classification, invoicing, and staying compliant.
Learn about the GST rates and HSN code 4003 for reclaimed rubber in India. Understand compliance rules, GST benefits, calculation examples, and how correct invoicing helps your rubber business stay tax-ready and sustainable.
India’s Next-Gen GST reforms slash taxes and simplify slabs, creating new opportunities in automobiles, agriculture, retail, and EVs. Discover fresh business ideas here.
This article is about who is able to apply, and how to apply for Vidhwa Pension Yojana - it is a support program for women who have lost their husbands.
This article is about who is able to apply, and how to apply for Vidhwa Pension Yojana - it is a support program for women who have lost their husbands.