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Mutual funds collects ₹63,854 cr via new fund offers in 2023
Asset management companies launched 212 new fund offerings mobilising Rs 63,854 crore in 2023, marg…
PTI
SC stays K'taka HC decision quashing Rs 21,000 cr GST notice to online gaming platform
The Supreme Court on Wednesday stayed the judgment rendered by the Karnataka High Court which had q…
Online gaming industry says 28% GST makes operations unfeasible
The online gaming industry woke up expecting a bad day on Dalal Street after the 50th GST Council a…
India is betting on casinos, online games and horse races to fill its coffers
Online betting, gambling, casinos and horse racing have long been treated ‘unfairly’ by the Indi…
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…
Indian government collected ₹1.30 lakh crore in GST
The revenue for October is also the second highest ever since introduction of GST, second only…
This is how much the government earned from GST in September
The Finance Ministry revealed that the government collected Rs 92,150 crore as Goods and Services T…
Whole wheat 'parota' will not be subject to 18% GST rules Karnataka appellate authority
The authority was approached by ID Fresh Food (India) Pvt. Ltd, a food products company involved…
Government allows 20 states to meet GST compensation shortfall through open market borrowing
Even with consensus eluding the GST Council meeting on Monday over adoption of borrowing option to …
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…
Buying NFTs may get more expensive for Indians as the government mulls over double taxation
Non-fungible tokens (NFTs) have become a buzzword in India, even among those who may not necessaril…
GST exemption on domestic supplies, commercial imports of COVID drugs to make them costlier, says Finance Minister Nirmala Sitharaman
From the GST collected on vaccine, half is earned by the Centre and the other half by the St…
PTI
Earning income by renting commercial properties? Be ready to shell out GST. Here are the details
Rental income received from residential house is exempt. But if you have given your unit to commerc…
Indian government’s budget dilemma – curb the sale of cigarettes or let the over $12 billion tobacco industry provide the much needed cash
The Indian government has proposed several changes to the Cigarettes and Other Tobacco Products …
Kotak Mahindra Bank still on ‘alert’ as profit improves 27% over the last three months
Kotak Mahindra Bank (KMB) is still on ‘alert’ as it recovers from the COVID-19 impact. In the three…
Finance Minister Nirmala Sitharaman’s tribute to the late Arun Jaitley is also coming ahead of a tough GST Council meeting where states will ask for money
SBI, ICICI Bank, Axis, Kotak and others have plans to raise $14 billion — but if things go haywire,…
GST collections at Rs 1.05 lakh cr in Feb
"The gross GST revenue collected in the month of February, 2020 is Rs 1,05,366 crore of which CGST…
PTI
Petrol and diesel should come under GST, says industry body Assocham
Petroleum products should be brought under the Goods & Services Tax (GST) ambit, according to i…
Lower rates alone will not stop GST evasion — simpler rules will
However, 20 months after it was introduced in July 2017, it has failed on both counts. Let’s tak…
Interest on PPF, savings bank deposit to be included for calculating GST registration threshold: AAR
The AAR, while ruling that interest income would be included for calculating registration threshol…