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2 mins read
GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you
At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…
2 mins read
Sitharaman urges tax officials to prevent doubts from escalating into grievances
Union Finance Minister Nirmala Sitharaman on Friday urged officers of the Central Board of Indirect…
ANI
5 mins read
Lok Sabha passes Finance Bill, provision on LTCG tax on property transactions amended
The Finance Bill 2024 was passed by Lok Sabha on Wednesday evening with a few amendments moved by t…
ANI
2 mins read
Seven years of GST has lowered taxes and improved lives of 140 crore Indians: PM
The PM also highlighted that after the implementation of GST, the savings of the poor and the commo…
ANI
2 mins read
GST revenue collection for April 2024 highest ever at Rs 2.1 lakh crore
The Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in…
ANI
2 mins read
Union Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, UTs; GST Council to meet later today
Union finance minister Nirmala Sitharaman will be presiding over the meeting. The state ministers, …
ANI
1 min read
28% GST on face value in casinos, online gaming, horse racing will increase revenue collection: FM
Finance minister Nirmala Sitharaman on Tuesday said the 28 per cent GST on full face value of suppl…
PTI
2 mins read
Taxing times persist for Delta Corp as ace investor Ashish Kacholia sells shares
Delta Corp has been under pressure in the past six trading sessions with the stock sliding more tha…
2 mins read
Automobile dealers' association seeks GST cut on 2-wheelers from 28% to 18%
The Federation of Automobile Dealers Associations (FADA), the leading body of automobile retail in …
ANI
3 mins read
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…
1 min read
New GST slab comes into effect — house rents, juice boxes, coconut water and all that’s gonna get pricier
New GST slab comes into effect — house rents, juice boxes, coconut water and all that’s gonna get p…
2 mins read
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…
5 mins read
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
4 mins read
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…
4 mins read
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
2 mins read
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
2 mins read
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…
1 min read
Waive GST on helmets, road safety body urges FM ahead of the Union Budget
Road safety body International Road Federation (IRF) wrote a letter to Union Finance Minister Nirma…
2 mins read
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…
12 mins read
GST effect – Xiaomi, Samsung, Apple hike phone prices in India
The GST Council announced a sharp increase in GST on smartphones on March 14, and has come into eff…