Tag: gst

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Posted in Economy

A new discussion on GST begins after Gadkari’s letter to Sitharaman strikes a chord with many

A recent letter from Nitin Gadkari to Nirmala Sitharaman on the need for a cut in the Goods and Services Tax (GST) on health and…

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Tax defaults in India skyrocketed by 1000% in the last ten years and associated litigation has also consequently risen (Representational Image/Pixabay)
Posted in Business

Tax defaults in India skyrocket by 1000% over last 10 years, litigations double: Report

Tax defaults in India have skyrocketed by 1000% in the last ten years and litigation associated with it has also consequently risen, according to a…

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gst collection: GST collection surges over 10 per cent to Rs 1.82 lakh crore in July
Posted in Economy

gst collection: GST collection surges over 10 per cent to Rs 1.82 lakh crore in July

The gross GST collection increased 10.3 per cent to Rs 1,82,075 crore in July on an annual basis, reported ET Bureau on Thursday. The collection…

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A man walks past a billboard of Infosys Technologies Ltd's office in Bangalore, October 10, 2003. (Jagadeesh NV/Reuters)
Posted in Business

Tax woes: Infosys slapped with ₹32,403 crore GST demand notice

GST authorities have slapped a ₹32,403 crore notice on Infosys for services availed by the company from its overseas branches for five years starting 2017….

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Union Minister Nitin Gadkari at Parliament House complex at Parliament House complex during the Monsoon session, in New Delhi.(PTI)
Posted in Business

Nitin Gadkari writes to FM: Please remove GST on life, medical insurance premiums

Jul 31, 2024 03:21 PM IST Both life and medical insurance premiums attract a GST of 18 percent. Road, transport and highways minister Nitin Gadkari…

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GST played remarkable role in reducing logistics cost: Economic Survey
Posted in Economy

GST played remarkable role in reducing logistics cost: Economic Survey

New Delhi: The Goods and Services Tax (GST) has played a remarkable role in bringing down the country’s logistics cost, Economic Survey on Monday said….

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Zomato: Zomato gets Rs 11.82 crore tax demand notice

Online food delivery platform Zomato has received a tax demand and penalty order of Rs 11.82 crore related to GST on export services provided to…

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Navigating the evolution of Input Service Distributor under GST
Posted in GST

Navigating the evolution of Input Service Distributor under GST

The concept of Input Service Distributor (“ISD”) has passed through from the Service Tax regime to the GST regime. Despite the concept not being new,…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Zomato: Zomato gets fresh GST notices for Rs 4.2 crore; plans to appeal against demands

Food-delivery platform Zomato said on Sunday that it received notices from the tax authorities in Delhi and Karnataka over alleged short payment of goods and…

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israel: Israel's judicial proposals prompt startups to relocate: government agency
Posted in Startups

Zomato: ETtech Explainer: The Rs 402 crore GST notice that sent Zomato’s shares tumbling

On Thursday, shares of food delivery platform Zomato bucked the trend and opened 1.7% lower despite upbeat broader markets rally to set new highs. What…

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