This article analyses how Section 74A alters the GST penalty framework by weakening the role of intent. The key takeaway is that even bona fide disputes may now face enhanced penal ...

A SINGLE value-added tax (VAT) line item can change the economics of a project. For registered enterprises in freeports and ecozones, the difference between a purchase treated as zero-rated versus ...

The government has captured transactions worth Sh800 million through reverse invoicing, which it introduced on December 27, 2024, as part of new strategies of reaching businesses that predominantly ...

In this episode of Tax Notes Talk, Jaye Calhoun of Kean Miller discusses key tax issues that states will likely address in ...

Invoicing is crucial for small business cash flow. Learn how to create an effective professional invoice that increases the likelihood of timely payments.

Whether you're a sole proprietor or own a microbusiness, you don’t need to spend a lot of money to manage your finances.

This explains when ITC becomes ineligible under Section 17(5)(h) due to expiry or destruction of goods. The key takeaway is that ITC reversal is mandatory and ...

Instead of pricing that escalates with every new user or driver, Bin Boss centers the platform around predictable monthly ...

If you have a loyal customer base or an engaged online community, crowdfunding can be an effective way to raise funds. Rather ...

We take a closer look at why managing multiple properties in the UK hospitality sector requires accuracy, agility, and ...

Tonkean, the first-of-its-kind process and agentic orchestration platform, today announced Tonkean Contracts Hub, an ...

The transportation and logistics sector has proven its resilience through several major disruptions and supply chain upheavals including events like the ...