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3 mins read

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   


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2 mins read

GST slab changes unlikely soon; request for GST rate cut on insurance proposed by few states

Proposals have come for reducing rates for insurance, hospitality and beverages, and the online gam…

ANI   


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2 mins read

54th GST Council meeting to take place on September 9 in New Delhi

The 54th GST Council meeting took place on September 9, 2024, in New Delhi to address rate rational…

ANI   


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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   


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2 mins read

54 Crore GST Refund Scam exposed by Delhi's Anti-Corruption Branch

The Anti-Corruption Branch (ACB) of Delhi has uncovered a scam involving fraudulent GST refunds wit…

ANI   


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1 min read

GST to be paid by telecom companies, along with instalments towards spectrum charges: Official

Telecom companies will have to pay GST along with the instalments paid towards spectrum charges, a …

PTI   


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5 mins read

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   


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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…

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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   


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2 mins read

Indian economy likely to grow over 7% in 2024-25: Economic think tank NCAER

"Projected acceleration in both global growth and trade volumes, as well as a forecast of an abo…

PTI   


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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…

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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   


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1 min read

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…

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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   


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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…

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3 mins read

Online gaming industry says 28% GST makes operations unfeasible

The online gaming industry woke up expecting a bad day on Dalal Street after the 50th GST Council a…

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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…

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4 mins read

Signs that Modi government wants to bring petrol and diesel under GST – and the reasons why it is difficult

When it was rolled out in 2017, the GST regime brought a wide range of products and almost all s…

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4 mins read

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