You Searched For "Goods and services tax" and got 20 results
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1 min read
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 …
2 mins read
India is working on crypto classification under GST law
The government is working on classification of cryptocurrency as goods or services under the GST la…
PTI
4 mins read
OPINION: GST Input Tax Credit changes from January 1 – Things to ask your vendor, how to protect your ITC and more
With the upcoming change, ITC on an invoice/debit note can be availed by a recipient only when d…
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…
3 mins read
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…
4 mins read
India's online gaming industry has the potential to generate $2 billion by 2023: EY-All India Gaming Federation report
Online real money game players are expected to grow from 80 million in 2020 to 150 million by 2023
4 mins read
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…
4 mins read
Here’s how to avail GST credit if your supplier has not uploaded invoices
This results in either the working capital getting blocked or the entire ITC amount being lost. …
2 mins read
India’s biggest tax reform hits ₹1 trillion in October, expects collections to rise with the festive season rolling in
While the success of the tax is often debated, October’s collections are a 6.6% higher tha…
2 mins read
Glee.S.T! January 2021 GST collection may have beat the December record
More than ₹1.2 lakh crore may have been collected in January, compared to ₹1.15 lakh crore in Decem…
1 min read
November GST collection stands at ₹1.04 lakh crore
This is the second straight month in the current fiscal when GST revenue has topped ₹1 lakh cror…
PTI
2 mins read
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 …
2 mins read
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…
2 mins read
GST Council likely to approve two-year extension of compensation cess levy
As the Council is likely to adopt the compensation formula suggested by t he Centre in the dif…
1 min read
Hero Moto, TVS Motor, Bajaj Auto shares rally as GST Council may consider tax cut
Shares of two-wheeler majors Hero MotoCorp, Bajaj Auto and TVS Motor Company soared on Wednesday af…
5 mins read
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,…
1 min read
Only 50 luxury and 'sin' items find their place in GST's highest slab
In what is one of the biggest reductions ever since GST came into effect from July 1, the GST Counc…
1 min read
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…
1 min read
India's June quarter GDP to see modest recovery at 6.6%
India is expected to see a modest recovery in GDP growth at 6.6 per cent for the April-June quarter…