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Watch | P. Chidambaram: ‘When we come to power GST will be reformed; States will be empowered’ Former Union Finance Minister P. Chidambaram says no structural reforms have been carried out in the country since 2014. He says there is no credibility to the government’s numbers and the claim of a V-shaped economic recovery after…
An Indian consumer goods trader shows letters GST representing “Goods and Services Tax” (GST)at his shop in Hyderabad on August 3, 2016. Growth in India’s gross Goods and Services Tax (GST) revenues bounced back in October with tax collections rising 13.4% to the second-highest monthly tally of ₹1.72 lakh crore. | Photo Credit: AFP Growth…
Read More “GST collections rise 13% to ₹1.72 lakh crore in October” »
The puja items are exempt from GST since 2017, said tax body. (Representative Pic) New Delhi: The Congress on Thursday accused the Narendra Modi government of imposing an 18 per cent GST on the water of the holy Ganga river and termed it the height of “loot and hypocrisy”. The Central Board of Indirect Taxes…
Read More “Congress Says Centre Charging 18% GST On Gangajal, Tax Body Refutes Claim” »
LIC was fined for lower payment of taxes (Representational) New Delhi: Life Insurance Corporation on Wednesday said the GST Authority has imposed a fine of Rs 36,844 on LIC for lower payment of taxes. The corporation has received a communication/demand order for collection of GST, along with interest and penalty for Jammu & Kashmir state,…
Finance Minister Nirmala Sitharaman with Union MoS for Finance Pankaj Chaudhary, Revenue Secretary Sanjay Malhotra and others during the 52nd Goods and Services Tax (GST) Council Meeting, in New Delhi, on October 7, 2023. | Photo Credit: PTI The Goods and Services Tax (GST) Council has decided to raise the maximum age limit for the…
Read More “GST Council raises upper age limit of president and members of Appellate Tribunals” »
A senior official said the government is open to looking into the progress after some time. New Delhi: The Federation of Indian Fantasy Sports (FIFS) on Wednesday urged the government not to impose a 28% GST on online gaming with retrospective effect, as it is discouraging investors from putting their money into this booming industry….
Read More ““Don’t Impose GST On Online Gaming Retrospectively”: Fantasy Sports Body” »
Women take part in a candlelight vigil against the “killing” of two missing students by unknown miscreants and demand peace in Manipur, Imphal. File | Photo Credit: PTI Four arrested in Manipur for abduction, killing of two Meitei students The Central Bureau of Investigation (CBI) on Sunday arrested four people, including two women, for their…
Gross GST revenue collected last month was Rs 1,62,712 crore. New Delhi: Gross GST collection rose 10 per cent to over Rs 1.62 lakh crore in September, crossing the Rs 1.6 lakh crore mark for the fourth time during current financial year. Gross GST revenue collected last month was Rs 1,62,712 crore. Of this, Central…
Read More “GST Collection Rises 10% To Over Rs 1.62 Lakh Crore In September 2023” »
Delta Corp said that it will pursue all legal remedies to challenge such GST demand. (representational) Bengaluru: Casino operator Delta Corp said on Friday it has received a notice from the government to pay a tax of Rs 11,140 crore along with interest and penalty for the period July 2017 to March 2022. The tax…
Read More “Casino Operator Delta Corp Gets Rs 11,140 Crore Tax Notice” »
Centre and states has kept Rs 30-crore corpus for this fiscal for the GST reward scheme. Gurugram: The GST lucky draw ‘Mera Bill Mera Adhikar’ scheme was launched in six states and Union Territories on Friday and the Centre and states have set aside a Rs 30-crore corpus for this fiscal for the reward scheme….
Read More “Centre Launches GST Reward Scheme In 6 States And Union Territories” »