Goods And Service Tax
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World Bank Raises India's GDP Growth Estimate To 6.6%, Flags Iran War Risks
Private consumption growth was particularly robust, supported by low inflation and rationalisation of the Goods and Services Tax.
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How to Cancel GST Registration Online: Here’s a Step-by-Step Guide
Goods and Services Tax (GST) was implemented by the government in 2017 as a new tax system in the country. GST helps eliminate the chances of the state and the central governments in India levying multiple taxes on the same product multiple times. While you do need GST registration to file returns as a business, you can also easily cancel your regi...
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Fino Payments Bank MD Rishi Gupta Arrested For GST Act Violation
Fino Payments Bank said that tax authorities have arrested its managing director and CEO Rishi Gupta for violating the law related to the Goods and Services Tax.
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US Walks Back On Pulses, Agri Sector Claims In Factsheet On India Trade Deal
The Trump administration has also removed the mention of agricultural goods from the text. It also altered its wording around President Trump's claim about India's "commitment" to buying over $500 billion of US goods.
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Tax Cuts On Cancer Drugs, Higher Tobacco Tax Can Boost Public Health: AIIMS Study
The Goods and Services Tax (GST) exemption of lifesaving cancer drugs and higher taxation on tobacco products are the steps aimed at strengthening public health in the country, according to a new study led by oncologists from
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Cigarettes, Pan Masala To Be Costlier From Feb 1 As New Excise Duty Kicks In
From February 1, the government is bringing a new tax structure for cigarettes, tobacco products and pan masala, aiming to tighten regulation and keep tax levels high on these so-called sin goods'.
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Tax Rate On Air Purifiers Is Sole Domain Of GST Council: Centre To Court
The Centre has told the Delhi High Court that matters relating to the rate, classification, and reduction of Goods and Services Tax (GST) on air purifiers fall exclusively within the domain of the GST Council.
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"Will Take Legal Action": Vodafone Idea On Rs 638-Crore GST Penalty
Vodafone Idea on Thursday said it has received a GST penalty order of Rs 637.91 crore, passed under Section 74 of the Central Goods and Services Tax Act (CGST), 2017.
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IndiGo Faces Rs 458 Crore GST Penalty, Airline Set To Contest Ruling
The country's largest airline IndiGo on Tuesday said authorities have slapped a GST penalty of over Rs 458 crore, and that it would contest the decision.
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GST On Air And Water Purifiers To Be Reduced To 5%, Reclassified As Essential Items
The GST Council may consider cutting goods and services tax on air and water purifiers for domestic use from 18 per cent to 5 per cent, reclassifying them as essential items rather than discretionary consumer goods.
-
World Bank Raises India's GDP Growth Estimate To 6.6%, Flags Iran War Risks
Private consumption growth was particularly robust, supported by low inflation and rationalisation of the Goods and Services Tax.
-
How to Cancel GST Registration Online: Here’s a Step-by-Step Guide
Goods and Services Tax (GST) was implemented by the government in 2017 as a new tax system in the country. GST helps eliminate the chances of the state and the central governments in India levying multiple taxes on the same product multiple times. While you do need GST registration to file returns as a business, you can also easily cancel your regi...
-
Fino Payments Bank MD Rishi Gupta Arrested For GST Act Violation
Fino Payments Bank said that tax authorities have arrested its managing director and CEO Rishi Gupta for violating the law related to the Goods and Services Tax.
-
US Walks Back On Pulses, Agri Sector Claims In Factsheet On India Trade Deal
The Trump administration has also removed the mention of agricultural goods from the text. It also altered its wording around President Trump's claim about India's "commitment" to buying over $500 billion of US goods.
-
Tax Cuts On Cancer Drugs, Higher Tobacco Tax Can Boost Public Health: AIIMS Study
The Goods and Services Tax (GST) exemption of lifesaving cancer drugs and higher taxation on tobacco products are the steps aimed at strengthening public health in the country, according to a new study led by oncologists from
-
Cigarettes, Pan Masala To Be Costlier From Feb 1 As New Excise Duty Kicks In
From February 1, the government is bringing a new tax structure for cigarettes, tobacco products and pan masala, aiming to tighten regulation and keep tax levels high on these so-called sin goods'.
-
Tax Rate On Air Purifiers Is Sole Domain Of GST Council: Centre To Court
The Centre has told the Delhi High Court that matters relating to the rate, classification, and reduction of Goods and Services Tax (GST) on air purifiers fall exclusively within the domain of the GST Council.
-
"Will Take Legal Action": Vodafone Idea On Rs 638-Crore GST Penalty
Vodafone Idea on Thursday said it has received a GST penalty order of Rs 637.91 crore, passed under Section 74 of the Central Goods and Services Tax Act (CGST), 2017.
-
IndiGo Faces Rs 458 Crore GST Penalty, Airline Set To Contest Ruling
The country's largest airline IndiGo on Tuesday said authorities have slapped a GST penalty of over Rs 458 crore, and that it would contest the decision.
-
GST On Air And Water Purifiers To Be Reduced To 5%, Reclassified As Essential Items
The GST Council may consider cutting goods and services tax on air and water purifiers for domestic use from 18 per cent to 5 per cent, reclassifying them as essential items rather than discretionary consumer goods.
