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GST collections stood at ₹1,43,612 crore in August
The gross GST revenue collections in August witnessed a 28% jump year-on-year basis, as they stood …
SIMPLY PUT: How will the GST council’s tax changes affect family budgets?
GST rates were being revised to rationalise tax on certain goods and services to correct a…
SIMPLY PUT: How will the GST council’s tax changes affect family budgets?
The Goods and Services Tax (GST) Council held its 47th meeting last week and announced a slew of ch…
GST rates raised again, take out your cheque books. Wait, that’s taxed too
GST rates raised again, take out your cheque books. Wait, that’s taxed too
Bhakti Makwana
GST Council to allow e-commerce for unregistered vendors
CAIT national president B.C. Bhartia and Secretary General Praveen Khandelwal said this decisi…
28% GST on crypto transactions? India is reportedly mulling another tax levy next week
A group of ministers is reportedly set to discuss a GST on cryptocurrency transactions in the count…
GST notices worth Rs 1 lakh crore issued to online gaming firms
The Goods and Services Tax (GST) authorities have issued show cause notices demanding as much as Rs…
40th GST Council meeting highlights – zero late fee for those who have nil tax liability, says FM Nirmala Sitharaman
Further, Sitharaman said that taxpayers who file their pending returns till July 6, 2020…
GST Council meet: No new tax on food delivery apps Swiggy, Zomato
It extended the period of concessional GST rates on certain COVID-related drugs by three mo…
PTI
Nirmala Sitharaman says India's fundamentals are perfect; no recession, stagflation risk
India does not face any risk of either recession or stagflation as its macroeconomic fundamentals a…
PTI
Food items when sold loose won't attract any GST, says Nirmala Sitharaman
Following uproar in the Parliament over GST on food items, Union Finance Minister Nirmala Sitharama…
As curd, paneer and wheat flour turn 5% costlier, retailers worried about 'old stock'
With curd, paneer, unbranded pre-packaged food items like wheat flour and others coming under the G…
Karnataka traders and labour unions observe bandh against 5% GST on rice, foodgrains
The Agricultural Purchase Marketing Committee (APMC), commission agents, purchasers, traders, and l…
GST council and states fail to reach consensus on compensation cess — 'No dispute, we may have differences,' says Sitharaman
“There is no dispute, we may have differences,” said Sitharaman. According to her, most of the s…
GST collection hits an all-time high at ₹1.42 lakh crore in March
The gross GST revenue collected in March 2022 is ₹1,42,095 crore, of which CGST is ₹25,830 crore, S…
PTI
GST compensation deadlock continues — government to release ₹20,000 crore cess tonight and offers relief for small companies
The 42nd meeting of the GST Council led by Finance Minister Nirmala Sitharaman stretched over seven…
Pre-packed meats, curds, paneer and puffed rice will now attract GST
Pre-packed and labelled food items like meat, fish, curd, paneer and honey will now attract GST, a …
PTI
GST Council gives two options to bridge compensation shortfall — states ask for seven working days to make up their mind
The Finance Ministry estimates the shortfall in cess collection this year will be around ₹2,35…
GST Council may consider bringing petrol, diesel under GST on September 17
In June, the Kerala High Court, based on a writ petition, had asked the GST Council to decide…
PTI
States not choosing GST compensation options by October will have wait another two years
The sources said that such states will have to wait till June 2022 to get compensation dues, sub…