A lease is a contractual arrangement between owner (lessor) & user (lessee) whereby one party, the lessor, grants the right to use a particular assets (such as a parcel of land, building, equipment, or machinery etc.) for a specific period and under specified conditions to the other party, the lessee.
Since the implementation of GST in India, the real estate sector has undergone significant changes. The GST rates on real estate vary depending on the type of property and its stage of completion.
In the legal world, judicial decisions carry varying levels of influence, depending on whether they are considered authoritative or persuasive.
GSTN Releases Frequently Asked Questions: Invoice Management System (IMS)
The Group of Ministers (GoM) will be going to meet for GST rate rationalisation on September 25 in Goa.
The Invoice Management System (IMS) is a revolutionary new feature introduced on the GST Common Portal.
During the 54th GST Council meeting on 9th September 2024, several helpful recommendations were made to ease the path for taxpayers and businesses. These changes can be seen as blessings from Lord Ganesha himself.
The recent recommendations from the 54th GST Council meeting, held on September 9, 2024, include important updates concerning rectifications procedure for Input Tax Credit (ITC) orders.
The GST Council, in its recent meeting, introduced several changes and clarifications to the Goods and Services Tax (GST) regime.
INTRODUCTION TO GENERAL INSURANCE SETTLEMENTInsurance companies providing general insurance for motor vehicles settle repair or damage claims through two modes:...
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