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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…
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
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…
Delta Corp shares tank 25%, Nazara Tech down 4% after GST hit on online gaming
Shares of Delta Corp fell as much as 25 % on Wednesday after the imposition of 28% GST on online ga…
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…
Centre seeks to amend GST Act to levy 28% tax on online gaming, casinos
The central government on Friday will seek the introduction and passage of the Central Goods and Se…
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
RBI may hike benchmark lending rates by 25 bps in April: DBS
The Reserve Bank is likely to hike benchmark lending rates by 25 basis points in its bi-monthly pol…
PTI
GST Council to allow e-commerce for unregistered vendors
CAIT national president B.C. Bhartia and Secretary General Praveen Khandelwal said this decisi…
Meeting in the hottest year ever recorded, COP28 has a loaded agenda
With the two-week COP28 Climate Summit negotiations in Dubai starting this week, Power Shift Africa…
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 on casinos, lotteries, horse races deferred as Nirmala Sitharaman reconsiders
The GST Council on Wednesday deferred decision on levying a 28 per cent tax on casinos, online gami…
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…
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 had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal
Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…
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…
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…
Centre releases ₹17,000 cr as GST compensation to States/UTs
Goods and Services Tax was introduced in the country with effect from July 1, 2017 and states were …
ANI
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…