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1 min read
9 important changes and key takeaways from the 53rd GST Council meeting
A compilation of all the significant measures and changes announced by Finance Minister Nirmala Sit…
4 mins read
GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…
PTI
2 mins read
Seven years of GST has lowered taxes and improved lives of 140 crore Indians: PM
The PM also highlighted that after the implementation of GST, the savings of the poor and the commo…
ANI
1 min read
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 …
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
1 min read
GST on casinos, lotteries, horse races deferred as Nirmala Sitharaman reconsiders
The GST Council on Wednesday deferred decision on levying a 28 per cent tax on casinos, online gami…
PTI
1 min read
PLI, tax exemptions and financial support from government: Budget wishlist of space sector
According to ISpA's Director General, Lt. Gen. AK Bhatt (Retd.), the suggestions/wishlist were r…
2 mins read
Increase in social pension, GST exemption for medicines, wheelchairs among major demands by welfare organisations
There are an estimated 140 million elderly people in India. The demands touch the sectors of …
2 mins read
8 in 10 Indians want 28% or higher GST on casinos, online games and horse races
Six in ten Indians are in favour of keeping cryptocurrencies under the 28% or higher goods and serv…
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…
3 mins read
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…
PTI
5 mins read
GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal
Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…
PTI
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…
3 mins read
Indian taxes on cottage cheese will hit the cottage industry and dairy lovers alike
Paneer and curd-loving Indians and farmers too will be affected by the change in GST laws
2 mins read
Pre-packed meats, curds, paneer and puffed rice will now attract GST
Pre-packed and labelled food items like meat, fish, curd, paneer and honey will now attract GST, a …
PTI
2 mins read
Govt unlikely to exempt GST on masks, ventilators, PPEs as it would lead to blocking of ITC
The sources said that while consumers do not gain from GST exemption on these items, the complianc…
PTI
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…
2 mins read
Panel of officers on GST for raising rate, curtailing exemption list to increase revenue
New Delhi, Dec 24 () With expected GST compensation cess shortfall of over Rs 60,000 crore in the c…
PTI
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
GST Council meet: No new tax on food delivery apps Swiggy, Zomato
It extended the period of concessional GST rates on certain COVID-related drugs by three mo…