Canadian restaurants benefitted from the two-month GST-HST holiday, which wraps up this weekend, with a 7.6% increase in ...

Restaurant transactions increased by 7.6 percentage points on average during the GST and HST holiday, according to new data ...

In a major crackdown on suspected tax evasion, a massive team from the Directorate General of GST Intelligence (DGGI) ...

Tim Berners-Lee, a British scientist, invented the World Wide Web (WWW) in 1989, while working at CERN. The Web was originally conceived and developed to meet the demand for automated ...

At a press conference in Malappuram, Mr. Satheesan said Mr. Rajesh’s claim that liquor manufacturing in Kerala would save ₹210 crore in GST rang hollow. “There is no GST on liquor or spirit ...

GST will not be charged on penal charges levied by banks and NBFCs, as clarified by the CBIC. This exemption is due to such charges being deemed as breaches of contract terms. Additionally, GST ...

The Ministry of Finance has issued a notification relevant for Goods and Service Tax (GST) registered taxpayers who failed to file the annual reconciliation statement through the GSTR-9C form. As per ...

Budget 2025 Expectations: The gems and jewellery sector has intensified its plea to the government, urging a substantial reduction in the Goods and Services Tax (GST) rate to 1 percent on revenue ...

Life insurance companies are opposing the exemption of term insurance policies from GST, citing increased costs due to the loss of input tax credit. They propose maintaining a 12% GST rate to ...

The GST reporting of HSN codes in Table 12 of GSTR-1/1A is being updated as per phased implementation. Under Phase 3, effective February 2025, taxpayers with an Aggregate Annual Turnover (AATO) of up ...

Canada's inflation rate fell to 1.8 per cent in December, with the federal government's GST holiday bringing prices down for restaurant food, alcohol and children's clothing, Statistics Canada ...

The federal GST holiday should remain in place for restaurants to help drive sales at a time when the sector is facing serious challenges, says the managing partner of the Fireside Grill.