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1 min read

IDBI Bank gets ₹2.97 crore GST demand order

The order includes a tax demand of Rs 1.42 crore as well as interest and penalty of Rs 1.41 cro…

PTI   


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2 mins read

HUL receives GST demand, penalties of Rs 447.5 cr from authorities of five states

Leading FMCG maker Hindustan Unilever Ltd has received GST demand and penalties totalling Rs 447.5 …

PTI   


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Zomato stock down after Rs 400 cr show-cause notice for GST dues

Zomato shares were trading more than 4 per cent down on Thursday morning after it received Rs 400 c…

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2 mins read

Auto stocks recover after Gadkari clarifies his '10% additional GST on diesel vehicles' comment

The auto index, Nifty Auto, recovered from its 400 point or approximately 2.5% fall after ​​Union M…

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2 mins read

India may expand taxes on crypto beyond IT and TDS – government reportedly mulling 28% GST

The crypto industry has already been buckling under income tax and TDS. Trading volumes in India fe…

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2 mins read

Airtel GST refund – Supreme Court allows government appeal against ₹923 crore relief

In a major setback to Indian telecom operator Airtel, the Supreme Court (SC) has allowed the Indian…

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4 mins read

India needs to review how it wants to extract tax from Zomato and Swiggy

India’s Finance Minister Nirmala Sitharaman on Friday announced that online food delivery platforms…

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2 mins read

Hand sanitisers soaps will attract 18% GST

Amid the ongoing debate over goods and services tax (GST) rate on hand sanitisers, the government o…

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1 min read

GST Council discuss coronavirus impact on economy

"Corona is not only a health crisis. It's going to be most dangerous economic crisis world is going…

PTI   


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Assocham for cut in GST rates by 25 pc across board

New Delhi, Jan 15 () Industry chamber Assocham on Wednesday urged the government to reduce GST rate…

PTI   


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Hero Motocorp wants government to take ‘urgent steps’ to help recover falling sales

Hero Motocorp posted a net profit of ₹1,257 crore for the quarter ending June 2019, up 38% from las…

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1 min read

COVID-19: SIAM seeks GST rate cut, incentive based scrappage policy to revive auto sector

Besides, it has also asked to expedite release of all pending payments to vehicle manufacturers an…

PTI   


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2 mins read

India's real estate bad loans have nowhere to go but up for now, according to a major Swiss bank

However, a report published this week, by Credit Suisse has given investors a reality check for …

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Par panel asks govt to prevent misuse of input tax credit under GST as collection slows

New Delhi, Dec 10 () A Parliamentary panel on finance on Tuesday observed that the Goods and Servic…

PTI   


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Indian government may not meet its fiscal deficit target because of lower tax collections: India Ratings

This will be the third consecutive year when India’s fiscal deficit will be 3.5% of GDP, noted…

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1 min read

GST provides tax and tech consultants a platform worth Rs 20,000 crore

These GSPs are generally tax and tech consultants, who grabbed the opportunity the tax overhau…

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2 mins read

6 reasons why the RBI kept repo rate unchanged for the third time in a row

The RBI saw inflation at average 4.5% in H1 FY18 and 5% in H2. Meanwhile, the RBI is also planning …

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3 mins read

‘Increase tax break on home loans,’ ⁠— that and other demands from one of India’s top realtors Hiranandani

Given the policy reforms undertaken by the government over the last few years, we are hopeful that …

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5 mins read

With less than a day to go for Budget, here's what you should look out for in India's balance sheet

In zeroing down on the perfect budget (there being no such thing of course), the Government should …

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2 mins read

Budget 2016 will bring about big change, says this consumer durable giant

Panasonic says it’s hopeful that the government’s upcoming Budget 2016 will create opportunities fo…