Tag: goods and services tax
GST collection rises 9% on domestic demand
NEW DELHI: The Goods and Services Tax (GST) revenue in October grossed over ₹1.87 lakh crore — the second highest monthly collection since the new…
Ice-cream lovers beware: GST body drops a sugar bomb on softy mix
The GST Authority for Advance Rulings (AAR) in Rajasthan has ruled that a softy ice-cream mix is primarily made of sugar, not milk. Consequently, it…
GoM on GST compensation cess holds first meeting: No new levies until future is decided
The 10-member group of ministers (GoM) on compensation cess decided in its first meeting on Wednesday not to extend the levy to any new item…
FIR on SpiceJet’s Ajay Singh and board members surfaces after airline pays 10 months of provident fund dues: Report
The Economic Offence Wing (EOW) of the Delhi Police had filed a case on September 16 against SpiceJet’s MD Ajay Singh as well as some…
GSTN restores July, August 2017 GST returns data
GST Network on Sunday said the monthly returns data of July and August 2017, the initial months of the Goods and Services Tax rollout, has…
Reserve Bank of India: Labour-intensive industries need to be promoted to generate more jobs: Raghuram Rajan
Reserve Bank of India’s former governor Raghuram Rajan said that India was creating enough jobs as reflected by the number of applicants for vacant posts…
online gaming: Tracking Inflation: A look at DGGI’s latest report and it’s connection with online gaming
The real money online gaming sector topped the apex goods and services tax (GST) intelligence and investigation agency’s evasion list with detection to the tune…
Tax on term life insurance may be exempted by GST Council: What will change for you
Aug 30, 2024 12:51 PM IST GST Council may exempt term life insurance from GST, formal decision expected on September 9. The GST Council is…
GST: GST Council meet to discuss rate rationalisation on September 9, final decision later: FM
Finance Minister Nirmala Sitharaman on Tuesday said the GST council next month will discuss rationalisation of tax rates but a final decision on tweaking taxes…
GST rationalisation: Review going on, a rate reset may come by September end
The keenly-watched plan to rework the GST rates may have been pushed a bit down the road, but a lot has been going on in…