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Centre Likely To Roll Out Relief Package For Sectors Hit By Iran War
Under the package, an airline credit scheme, worth Rs 5,000 crore, is under consideration. Airlines may get access to Centre-backed credit line.
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Tax Body CBIC Removes Rs 10 Lakh Cap To Boost Courier Exports
In order to address congestion and delays in the disposal of uncleared or unclaimed imported goods at International Courier Terminals, CBIC has introduced a Return to Origin (RTO) facility.
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India Extends Export Relief As Hormuz Crisis Hits Shipments, See Changes
With Iran war showing no signs of de-escalation, India has extended relief measures for exporters.
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'Rate Cuts Will Boost Consumption': Tax Board Chief On GST 2.0's Revenue Impact
Higher consumption driven by GST rate cuts may contribute to offsetting the government's revenue loss, provided the industry passes on the benefit to consumers, the Central Board of Indirect Taxes and Customs has told NDTV.
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GST Reforms: FAQs On What Changes
The GST Council, chaired by Finance Minister Nirmala Sitharaman, held its 56th meeting on September 3 in New Delhi and announced changes in the rates. Here are all your questions answered.
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Smuggled Gold Seizures Rise 43% To 2,000 Kg During April-September
Smuggled gold seizures have increased nearly 43 per cent to 2,000 kilogramme during April-September, with most of the yellow metal entering India through the land borders of Myanmar, Nepal and Bangladesh.
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28% GST On Online Gaming Set To Be Implemented From October 1
The Central Board of Indirect Taxes and Customs (CBIC) Chairman, Sanjay Agarwal, has announced that India is prepared to implement a 28 per cent Goods and Services Tax (GST) rate on online gaming starting from October 1.
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4,900 Fake GST Registrations Cancelled, Rs 15,000 Crore Tax Evasion Detected
GST authorities have so far cancelled over 4,900 GST registrations and detected tax evasion of over Rs 15,000 crore during the ongoing two-month drive to weed out fake GSTINs which will end on July 15, a senior tax official said on Wednesday.
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GST Not Payable On House Rented To Proprietor For Residential Use
From January 1, GST would not be payable on housing units rented to the proprietor of a proprietary concern for residential usage only, the CBIC has said.
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India Seeks Info on Coins Listed for Trade on Exchanges as Tax Body Mulls Levying GST
India’s Central Board of Indirect Taxes and Customs (CBIC) has asked crypto exchanges operating here to provide a list of all the cryptocurrencies that are being traded on their respective platforms. The process is expected to better determine the crypto transacting trends that are catching pace in the Indian fintech market.
-
Centre Likely To Roll Out Relief Package For Sectors Hit By Iran War
Under the package, an airline credit scheme, worth Rs 5,000 crore, is under consideration. Airlines may get access to Centre-backed credit line.
-
Tax Body CBIC Removes Rs 10 Lakh Cap To Boost Courier Exports
In order to address congestion and delays in the disposal of uncleared or unclaimed imported goods at International Courier Terminals, CBIC has introduced a Return to Origin (RTO) facility.
-
India Extends Export Relief As Hormuz Crisis Hits Shipments, See Changes
With Iran war showing no signs of de-escalation, India has extended relief measures for exporters.
-
'Rate Cuts Will Boost Consumption': Tax Board Chief On GST 2.0's Revenue Impact
Higher consumption driven by GST rate cuts may contribute to offsetting the government's revenue loss, provided the industry passes on the benefit to consumers, the Central Board of Indirect Taxes and Customs has told NDTV.
-
GST Reforms: FAQs On What Changes
The GST Council, chaired by Finance Minister Nirmala Sitharaman, held its 56th meeting on September 3 in New Delhi and announced changes in the rates. Here are all your questions answered.
-
Smuggled Gold Seizures Rise 43% To 2,000 Kg During April-September
Smuggled gold seizures have increased nearly 43 per cent to 2,000 kilogramme during April-September, with most of the yellow metal entering India through the land borders of Myanmar, Nepal and Bangladesh.
-
28% GST On Online Gaming Set To Be Implemented From October 1
The Central Board of Indirect Taxes and Customs (CBIC) Chairman, Sanjay Agarwal, has announced that India is prepared to implement a 28 per cent Goods and Services Tax (GST) rate on online gaming starting from October 1.
-
4,900 Fake GST Registrations Cancelled, Rs 15,000 Crore Tax Evasion Detected
GST authorities have so far cancelled over 4,900 GST registrations and detected tax evasion of over Rs 15,000 crore during the ongoing two-month drive to weed out fake GSTINs which will end on July 15, a senior tax official said on Wednesday.
-
GST Not Payable On House Rented To Proprietor For Residential Use
From January 1, GST would not be payable on housing units rented to the proprietor of a proprietary concern for residential usage only, the CBIC has said.
-
India Seeks Info on Coins Listed for Trade on Exchanges as Tax Body Mulls Levying GST
India’s Central Board of Indirect Taxes and Customs (CBIC) has asked crypto exchanges operating here to provide a list of all the cryptocurrencies that are being traded on their respective platforms. The process is expected to better determine the crypto transacting trends that are catching pace in the Indian fintech market.
