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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
GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18 pc GST on insurance premiums
O'Brien also expressed fear that levying a high GST rate on health and life insurance might lead to…
PTI
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…
Coalition politics, weakened mandate could make passing legislations on ambitious reforms challenging: Fitch
As the NDA is all set to form the government, Fitch Ratings on Thursday said coalition politics and…
PTI
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
Zomato, Swiggy slapped with Rs 500 crore GST each: Report
Online food delivery platforms Zomato and Swiggy have received GST notices worth Rs 500 crore each …
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…
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…
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…
As curd, paneer and wheat flour turn 5% costlier, retailers worried about 'old stock'
With curd, paneer, unbranded pre-packaged food items like wheat flour and others coming under the G…
Rajasthan Assembly passes GST Amendment Bill
Referring to anti-evasion actions, Dhariwal said that during the last five years of the previous g…
PTI
GST Council may consider bringing petrol, diesel under GST on September 17
In June, the Kerala High Court, based on a writ petition, had asked the GST Council to decide…
PTI
GST collections up by 44% at ₹1.4 lakh crore in May
This is the fourth time the monthly GST collection crossed Rs 1.40 lakh crore mark since inception …
Can you claim input tax credit on CSR expense — three authorities have two different rulings
There are two other rulings from the same authority and one of those allows the input tax cred…
Brands slow in passing GST rate reduction benefits to consumers: Report
The Goods and Service Tax (GST) was introduced with the purpose of simplifying the tax structure i…
PTI
Jharkhand is the only state holding out against the Indian government's suggested formula on GST compensation
With Chhattisgarh communicating its acceptance of Option-1 to meet the revenue shortfall arising ou…
Payment of 1% GST in cash only for 45,000 taxpayers: DoR sources
The government's decision on mandatory payment of at least 1 per cent of GST tax liability in cash …
All 28 states and three union territories decided to go for Centre's GST compensation formula
All the 28 states and three union territories with legislature have decided to go for the Centre-su…
Complaints rise against Indian companies that haven’t passed on the benefits of lower GST to consumers: Report
More and more consumers are lodging complaints with India’s National Anti Profiteering Authority …
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…