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New GST Rule Mandates Input Service Distributor Mechanism from April 1

By BPN News Desk March 20, 2025
Business Finance
The Indian government is set to implement a crucial change in the Goods and Services Tax (GST) framework, making it mandatory for businesses to adopt the Input Service Distributor (ISD) mechanism for the distribution of common Input Tax Credits (ITC) starting April 1, 2025. This change aims to
Breaking Down The News Opinion

Breaking Down The News: The Reality of GST Evasion in India

By BPN News Desk February 11, 2025
The Goods and Services Tax (GST) was introduced in India on July 1, 2017, to replace multiple indirect taxes and create a transparent, efficient system. However, GST evasion remains a major issue, costing the government billions in lost revenue. Fraudsters exploit loopholes through fake invoices, underreported sales, and ITC fraud. This article explains how GST […]

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