Tag: gst
GST Council to hold 55th meet on December 21 in Jaisalmer, Rajasthan
Union Finance Minister Nirmala Sitharaman will meet her state counterparts on December 21 in Jaisalmer, Rajasthan, for the 55th GST Council meeting. Key decisions are…
New senior citizens policy in the works after 25 years
New Delhi: Amit Yadav, secretary, ministry of social justice & empowerment, has said the government is drafting its first new senior citizens policy in 25…
Businesses with turnover over Rs 10 cr cannot report e-invoices older than 30 days from April 1, 2025
New Delhi: From April 1, 2025 onwards, businesses with Aggregate Annual Turnover (AATO) greater than Rs 10 crore will not be allowed to report e-invoices…
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…
Festive Vibes: Economists see food inflation and geopolitical conflicts as possible headwinds
NEW DELHI: The festive season has brought some cheer to the economy with several data releases on Friday suggesting improved consumer sentiment, but economists cautioned…
India collects $22.25 billion in goods and services tax in October
India collected 1.87 trillion rupees ($22.25 billion) in goods and services tax in October, 9% higher than the same period last year, the government said…
Budget home threshold may be hiked to Rs 55 lakh
New Delhi: The group of ministers (GoM) tasked by the Goods and Services Tax Council to look into application of GST for real estate is…
Rate rationalisation exercise: Luxe bags, cosmetic treatments may be moved to 28% GST Slab
New Delhi: As many as 58 goods and 24 services, such as pricey handbags and sunglasses and certain cosmetic procedures could be moved to the…
GST: GoM decides to cut GST on 20-litre water bottles, bicycles to 5%; raise rate on shoes, watches
The GoM on GST rate rationalisation on Saturday decided to lower tax rates on 20-litre packaged drinking water bottles, bicycles and exercise notebooks to 5…
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…