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3 mins read
Cloud kitchens are restaurants, ice cream is not food and other important clarifications that will affect GST rates
One of the reasons behind this is the ever-evolving business landscape – for instance, while clo…
1 min read
Delhi govt extends liquor licences by 2 months while it decides on fresh tenders
Delhi government has extended licences of country liquor vends by two months till September 30 as f…
PTI
1 min read
GST rate slabs are set. Here’s what is getting expensive and cheaper
Jaitley said the GST, which has been a long pending issue and is expected to propel growth and boos…
1 min read
GST exclusion cost liquor companies billions of dollars last year
Nearly a dozen listed liquor companies in India lost almost $4 billion, which is almost a third of …
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…
1 min read
Rajasthan hikes excise duty on liquor, beer to make up for revenue shortfall
Hurting from the huge revenue losses due to lockdown, the Rajasthan government has increased exc…
2 mins read
GST intelligence officers arrest SOM distilleries CEO in over Rs 30 crore tax evasion case
"This confirmed the DGGI's assessment that besides clandestinely supplying Genius brand of alcohol-…
PTI
1 min read
GST dues from Centre to TN over Rs 12K crore:Finance Secretary
Listing some salient features of the budget presented byDeputy Chief Minister O Panneerselvam, he s…
PTI
4 mins read
Here’s why this is the worst time to be in the business of hospitality in India
Compare this to the global statistics – GST charged for hotels in Malaysia is 6%, Thailand an…
3 mins read
From liquor sale amid lockdown to SBI cutting savings rate- here’s what you might have missed in headlines today
Following are the top business stories of April 7. India is the biggest manufacturer of hydroxy…
PTI
3 mins read
Lockdown: Punjab seeks Rs 3,000 cr interim compensation from Centre citing 'resource gap'
It comprised Rs 1,322 crore of GST, Rs 465 crore of VAT on petroleum, Rs 521 crore state excise rev…
PTI
1 min read
Google Maps search by users in the US shows people couldn't really stick to their 'no drinking' New Year resolutions
"Dry January" is consistently one of the most popular New Years resolutions but Google Maps has rev…
1 min read
Coronavirus-hit tourism industry seeks relief measures from Centre
"A complete GST holiday for tourism, travel and hospitality industry for the next 12 months till t…
PTI
1 min read
Bengal suffers Rs 4,000cr revenue loss in April amid lockdown: Report
"In April, the West Bengal government's estimatedrevenue loss under state GST is Rs 1,517 crore, st…
PTI
3 mins read
Delhi govt budget 2021-22 aims at raising per capita income at par with Singapore by 2047
"Under previous governments in Delhi, establishment costs used to be around 70-80 per cent. In our …
PTI
1 min read
Kerala to hike IMFL prices steeply amid COVID-19 lockdow
The GST revenue has drastically dropped.Hence thestate cabinet has decided to find a revenue gener…
PTI
2 mins read
What is Excise Duty and How it is calculated
Excise duty is levied on the goods that are manufactured within India as against the custom du…
3 mins read
India may be considering a COVID cess on high income earners — aside from more levy on fuel
Ahead of Budget 2021, India is mulling imposition of an additional COVID cess or surcharge on high …
3 mins read
Coal royalty revision,special eco package figure at EZC meet
He asserted that despite achieving double digit growth rate in past few years, Bihar is lagging be…
PTI
4 mins read
EZC meet:Shah says 40 issues resolved with mutual coordination
Use of state government land by Coal companies of GOI, Pradhan Mantri Awas Yojana (PMAY)-land tran…