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1 min read
GST council meeting today: Tax on health insurance premiums expected to be reduced, says report
The 54th GST Council meeting is set to make a major decision on the GST rate on health insurance pr…
2 mins read
Man gets job offer on WhatsApp, finds himself linked to Rs 250 crore GST E-way bill fraud
A man from Muzaffarnagar fell victim to a job scam via WhatsApp, leading to his personal details be…
3 mins read
Budget 2024 Expectations: FAME scheme, aid for vehicle scrapping and other expectations of the auto industry
The auto industry eagerly awaits Budget 2024 with expectations like FAME 3 scheme, incentives for h…
2 mins read
Fund allocations to key sectors and schemes hiked in budget
The revenue to the government is generated from multiple sectors. Income tax contributes 19 per cen…
ANI
1 min read
IDBI Bank gets ₹2.97 crore GST demand order
The order includes a tax demand of Rs 1.42 crore as well as interest and penalty of Rs 1.41 cro…
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
3 mins read
Indian government collected ₹1.30 lakh crore in GST
The revenue for October is also the second highest ever since introduction of GST, second only…
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…
4 mins read
India needs to review how it wants to extract tax from Zomato and Swiggy
India’s Finance Minister Nirmala Sitharaman on Friday announced that online food delivery platforms…
2 mins read
Scamsters who cracked PAN details of 95 celebs for fake credit cards, busted
Five cyber criminals have been arrested for procuring the PAN Card details of 95 prominent celebrit…
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
States not choosing GST compensation options by October will have wait another two years
The sources said that such states will have to wait till June 2022 to get compensation dues, sub…
2 mins read
GST Council gives two options to bridge compensation shortfall — states ask for seven working days to make up their mind
The Finance Ministry estimates the shortfall in cess collection this year will be around ₹2,35…
3 mins read
Government's new GST compensation formula may raise unconditional borrowing limit by 0.5%
Government sources said that the unconditional borrowing limit for states could be raised by ano…
2 mins read
Rajya Sabha approves GST amendments, What Next? Find out here
While presenting the amendments in the upper house of the parliament, Jaitley said the GST will con…
3 mins read
Mobile phones to become expensive from April 1
Demand for more skilled manpower, better hardware to enhance capacity has been agreed to by the…
PTI
3 mins read
GST Council meet: Most states were opposed to change in slabs, hike in GST
New Delhi, Dec 18 () Most of the states opposed change in slabs or hike in GST during the crucial G…
PTI
1 min read
Earning income by renting commercial properties? Be ready to shell out GST. Here are the details
Rental income received from residential house is exempt. But if you have given your unit to commerc…
1 min read
Get ready for 7-hour GST debate in Lok Sabha today. Here are the details
The Indian Government wants to push GST roll out by July 1 and is looking for majority on the bill,…
1 min read
Govt just gave Flipkart, Amazon a reason to cheer. Here are the details
Under the provision, e-commerce players were required to deduct tax on payments made to their v…