Tag: gst council
GST council’s 50th meet today; taxation on gaming, MUV definition on agenda
The GST Council at its meeting on Tuesday is likely to deliberate on a host of issues including taxation of online gaming, definition of utility…
6-years of GST: With record high collections, why it is an opportune time for rate rationalisation
The introduction of the goods and services tax (‘GST‘) in June 2017, marked a significant milestone in the history of taxation in India. This transformative…
gst: Taxpayers can explain discrepancy in their GST returns on GST portal before getting notice
Now taxpayers under the Goods and Services Tax (GST) will be able to explain the mismatch in their inward and outward supply filed in tax…
gst: GST Council likely to vet CBIC’s plan for additional validations in return filing to check evasion
The GST Council is likely to consider CBIC’s proposal in its meeting scheduled to take place next month. According to Central Board of Indirect Taxes…
gst council: GST Council to discuss measures to curb evasion, GoM report on online gaming in July 11 meet
The GST Council on July 11 will discuss some more measures to tighten the noose on fake registration and fraudulent generation of input tax credit…
gst: GST Council to take up betting, online gaming
The Goods and Services Tax (GST) Council will meet on July 11 to discuss reports submitted by the group of ministers on online gaming, casinos…
GST council meet: GST Council to meet next in Delhi on July 11
The Goods and Services Tax (GST) will meet in Delhi on July 11 to discuss many pending agendas, including reports on Online Gaming and trading,…
tax devolution Instalment: Finance Ministry releases Rs 1.1 lk cr as third instalment of tax devolution to state govts
The Union government on Monday released the third instalment of tax devolution to state governments amounting to Rs 1,18,280 crore, as against normal monthly devolution…
GST Rate: FinMin starts process for deciding on convenor of GST rate rationalisation GoM
The finance ministry has started the process of deciding on a new convenor of the GoM on GST rate rationalisation, sources said. The position has…
The GST Council and Meity must provide clarity on legal status of online gaming industry
As India moves to embrace the new economy, it is looking at several sunrise sectors that offer immense potential for growth. For decades, India has…