Month: August 2022

GST India: GST revision can enable India achieve $5 trillion economy: EY
Posted in GST

GST India: GST revision can enable India achieve $5 trillion economy: EY

NEW DELHI: EY has released a book on India’s GST journey titled ‘GST Transformation: The Road Ahead’. The book has delved into the topic of…

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Companies that make false M&A disclosures will be heavily penalised, according to CCI Chief - INFC E Paper
Posted in Company Law

Companies that make false M&A disclosures will be heavily penalised, according to CCI Chief

According to chairperson Ashok Kumar Gupta, companies that make inaccurate or incomplete disclosures to the Competition Commission of India (CCI) will be subject to harsher…

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GST: From payment for not serving notice period to cheque dishonour, CBIC clears the air
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GST: From payment for not serving notice period to cheque dishonour, CBIC clears the air

With the completion of 5-years since the introduction of GST, the certainty of tax positions and ease of compliances for taxpayers have emerged as key…

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document identification number: State GST notices must ensure Document Identification Number

New Delhi: The Supreme Court on Wednesday directed the Goods and Services Tax (GST) Council to issue advisories to all the states to ensure mention…

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e-Invoice GST: E-invoice mandatory for turnover above 10 crore from October 2
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e-Invoice GST: E-invoice mandatory for turnover above 10 crore from October 2

The centre has made E-invoicing mandatory for businesses with aggregate turnover exceeding Rs 10 crore from October 1, a move which will further plug in…

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GST Slab: GoM weighs scrapping 12% GST slab

A group of ministers, mandated to look at rate rationalisation by the Goods and Services Tax Council, is mulling doing away with the 12% slab…

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GST News: To tax at 18% or 28%? The GST Conundrum for skill gaming sector
Posted in GST

GST News: To tax at 18% or 28%? The GST Conundrum for skill gaming sector

In August 2022 the Group of Ministers (GoM) will suggest a GST regime for lottery, casino, and gaming businesses. In this article, we discuss the…

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