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1 min read
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…
3 mins read
Retail vehicle sales decline 4% in April, says FADA as it remains cautious about May
Entry-level passenger vehicle segment has fewer buyers, suggesting that customers at the bottom of …
4 mins read
India's gold demand up 8% in Jan-Mar to 136.6 tonne despite high rate
India's gold demand in value terms rose 20 per cent on an annual basis to Rs 75,470 crore durin…
PTI
1 min read
GSTN to share data with RBI's frictionless credit platform
The government has permitted GST Network to share data about GST-registered businesses, based on th…
PTI
1 min read
GST Council to allow e-commerce for unregistered vendors
CAIT national president B.C. Bhartia and Secretary General Praveen Khandelwal said this decisi…
4 mins read
DMK vows to repeal CAA if INDIA bloc is voted to power
Tamil Nadu's ruling DMK, a key constituent of the INDIA bloc, in its manifesto released on Wednesda…
PTI
1 min read
GST notices worth Rs 1 lakh crore issued to online gaming firms
The Goods and Services Tax (GST) authorities have issued show cause notices demanding as much as Rs…
2 mins read
GST Council meet: decriminalisation, tax evasion in pan masala, gutkha biz on agenda
Besides, GST on online gaming and casinos may come up for deliberations at the Council meeting.…
PTI
1 min read
GST collections stood at ₹1,43,612 crore in August
The gross GST revenue collections in August witnessed a 28% jump year-on-year basis, as they stood …
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…
SIMPLY PUT: How will the GST council’s tax changes affect family budgets?
The Goods and Services Tax (GST) Council held its 47th meeting last week and announced a slew of ch…
1 min read
GST rates raised again, take out your cheque books. Wait, that’s taxed too
GST rates raised again, take out your cheque books. Wait, that’s taxed too
Bhakti Makwana
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
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…
2 mins read
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…
2 mins read
Karnataka traders and labour unions observe bandh against 5% GST on rice, foodgrains
The Agricultural Purchase Marketing Committee (APMC), commission agents, purchasers, traders, and l…
1 min read
Oct 1 deadline for compulsory e-invoice generation nears for firms with ₹10 crore turnover
Central Board of Indirect Taxes and Customs (CBIC) had on August 1 issued a notification regar…
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…
1 min read
GST collections in July, at Rs 1.48 lakh crore, is the second highest ever
GST collection in July stood at Rs 1,48,995 crore, second highest since introduction of GST. The co…
2 mins read
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…