According to a recent advisory issued by the GSTN, the changes are aimed at reducing disputes, lowering the compliance burden ...

GSTN's new advisory introduces changes to the Invoice Management System, including an option to keep credit notes pending and a facility to declare ITC reversal ...

Brex reports that having a business bank account separates personal and business finances, protects assets, simplifies taxes, and builds credit.

This article examines advanced and practical challenges with the GST Input Service Distributor (ISD) mechanism, covering issues from expense identification to ITC eligibility and procedural ...

The Ministry of Finance is finalising the revised Law on Tax Administration, aiming to simplify procedures and increase voluntary compliance.

Tax health is now a strategic priority for foreign firms in China, driven by fiscal pressure, digital enforcement, and ...

For multinational organisations, managing electronic invoicing (e-invoicing) and live-reporting compliance is increasingly ...

More than 563 million electronic invoices (e-invoices) have already been processed by the Inland Revenue Board (LHDN) as its ...

Kirana stores show hesitation in passing on GST 2.0 benefits to consumers as existing inventory carries old prices, while ...

Norwich City Council has apologised for a second charging blunder in the space of a month - with allotment holders charged too much.

Today, more than 80 countries require some form of real-time e-invoicing. These mandates require that indirect taxes, such as ...

With over 600,000 VAT-registered businesses in the UAE and 1.5 million across the GCC, ClearTax is addressing urgent needs ...