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Binance Reaffirms Commitment to Indian Laws Following Significant GST Notice
Binance, facing a GST payment of Rs. 772 crore in India, has promised to comply with local authorities. However, the company has yet to provide further details regarding its situation with the DGGI.
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Binance Served Notice for Rs. 772 Crore in GST Charges by DGGI in India
Binance has been issued a notice for the payment of Rs. 772 crore in GST charges in India. In conversation with Gadgets360, an official said the notice issued to Binance should be seen by the exchange as an opportunity to present their front of the case and bring their business operations in alignment with India’s legal framework.
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Will End Agniveer Scheme, Amend GST Law If INDIA Bloc Wins: Rahul Gandhi
Congress leader Rahul Gandhi announced on Tuesday that the Agniveer scheme would be abolished if the INDIA bloc is voted to power, alleging that it was initiated by PM Narendra Modi and not by the Army.
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Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
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GST Had Serious Birth Defects, Worsened Over Last 5 Years: P Chidambaram
The Congress on Friday demanded that the current Goods and Services Tax (GST) law should be scrapped and a new one with a single low slab be brought in its place, claiming the existing law has "serious birth defects".
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AAP Demands Discussion On Pegasus, Delhi's GST Share At All-Party Meet
The Aam Aadmi Party (AAP) on Monday raised the Pegasus spyware issue at an all-party meeting and demanded a discussion on it during the Budget Session of Parliament.
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Rising Invoice Fraud Top Agenda On GST Council Meet On Wednesday: Sources
The law committee of the goods and services tax (GST) council will meet on Wednesday in Delhi to discuss invoice frauds, tightening of registration process and consider amendments in the GST law, Finance Ministry sources have said.
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Not Paying GST Compensation To States "Amounts To Sovereign Default": Congress
The Congress on Tuesday accused the Centre of committing a "sovereign default" by not paying GST compensation to states as mandated under the law and demanded that they be compensated soon.
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"GST May Have Flaws, But It's The Kanoon": Finance Minister Nirmala Sitharaman At Pune Event
Finance Minister Nirmala Sitharaman today admitted before a group of taxation experts that the Goods and Services Tax framework may still have some flaws two years since its introduction, but sharply advised them against "damning" a law that has been passed by Parliament with widespread approval.
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Strict GST Policies Hurting Automotive Dealers In India; FADA
The Federation Of Automobile Dealers Association or FADA, has requested the GST Council of India to charge interest on the Gross Value instead of the net Input Tax Credit Value.
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Supreme Court Agrees To Examine Law To Arrest Individuals For GST Evasion
The Supreme Court today agreed to examine the powers of tax authorities to arrest an individual for Goods and Services Tax (GST) evasion.
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"Law Abiding Citizen": Mahesh Babu On Bank Accounts Frozen Over Tax Dues
Actor Mahesh Babu has said there was no undisputed tax payable and that he was a law-abiding citizen complying with all fiscal legislations.
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GST, Demonetisation Achieved Desired Results, Says Venkaiah Naidu
Vice President Venkaiah Naidu has said economic reforms like GST, black money laws and insolvency code, brought in by the Prime Minister Narendra Modi-led government, are giving desired results and asserted that the country has a bright future. He also emphasized on the need for equal opportunities for men and women.
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India Will Be Driving Engine Of World Growth, Says PM Modi
Prime Minister Narendra Modi today said India is going through major social and economic changes and the resultant New India will prove to be a catalyst for global development.
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Cabinet Gives Approval For Amendments To GST Laws
The Cabinet gave approval to GST laws amendments today, which included hiking threshold limit for availing composition scheme dealers to Rs 1.5 crore, among other things.
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Binance Reaffirms Commitment to Indian Laws Following Significant GST Notice
Binance, facing a GST payment of Rs. 772 crore in India, has promised to comply with local authorities. However, the company has yet to provide further details regarding its situation with the DGGI.
-
Binance Served Notice for Rs. 772 Crore in GST Charges by DGGI in India
Binance has been issued a notice for the payment of Rs. 772 crore in GST charges in India. In conversation with Gadgets360, an official said the notice issued to Binance should be seen by the exchange as an opportunity to present their front of the case and bring their business operations in alignment with India’s legal framework.
-
Will End Agniveer Scheme, Amend GST Law If INDIA Bloc Wins: Rahul Gandhi
Congress leader Rahul Gandhi announced on Tuesday that the Agniveer scheme would be abolished if the INDIA bloc is voted to power, alleging that it was initiated by PM Narendra Modi and not by the Army.
-
Parliament Passes Bill to Levy 28 Percent GST on Online Games; Offshore Gaming Firms to Need Registration
Parliament on Friday approved amendments to the Central and Integrated GST laws to levy 28 percent tax on the full face value of bets in online gaming, casinos and horse race clubs. The CGST amendment bill defines 'online gaming' as a game on the internet or an electronic network.
-
GST Had Serious Birth Defects, Worsened Over Last 5 Years: P Chidambaram
The Congress on Friday demanded that the current Goods and Services Tax (GST) law should be scrapped and a new one with a single low slab be brought in its place, claiming the existing law has "serious birth defects".
-
AAP Demands Discussion On Pegasus, Delhi's GST Share At All-Party Meet
The Aam Aadmi Party (AAP) on Monday raised the Pegasus spyware issue at an all-party meeting and demanded a discussion on it during the Budget Session of Parliament.
-
Rising Invoice Fraud Top Agenda On GST Council Meet On Wednesday: Sources
The law committee of the goods and services tax (GST) council will meet on Wednesday in Delhi to discuss invoice frauds, tightening of registration process and consider amendments in the GST law, Finance Ministry sources have said.
-
Not Paying GST Compensation To States "Amounts To Sovereign Default": Congress
The Congress on Tuesday accused the Centre of committing a "sovereign default" by not paying GST compensation to states as mandated under the law and demanded that they be compensated soon.
-
"GST May Have Flaws, But It's The Kanoon": Finance Minister Nirmala Sitharaman At Pune Event
Finance Minister Nirmala Sitharaman today admitted before a group of taxation experts that the Goods and Services Tax framework may still have some flaws two years since its introduction, but sharply advised them against "damning" a law that has been passed by Parliament with widespread approval.
-
Strict GST Policies Hurting Automotive Dealers In India; FADA
The Federation Of Automobile Dealers Association or FADA, has requested the GST Council of India to charge interest on the Gross Value instead of the net Input Tax Credit Value.
-
Supreme Court Agrees To Examine Law To Arrest Individuals For GST Evasion
The Supreme Court today agreed to examine the powers of tax authorities to arrest an individual for Goods and Services Tax (GST) evasion.
-
"Law Abiding Citizen": Mahesh Babu On Bank Accounts Frozen Over Tax Dues
Actor Mahesh Babu has said there was no undisputed tax payable and that he was a law-abiding citizen complying with all fiscal legislations.
-
GST, Demonetisation Achieved Desired Results, Says Venkaiah Naidu
Vice President Venkaiah Naidu has said economic reforms like GST, black money laws and insolvency code, brought in by the Prime Minister Narendra Modi-led government, are giving desired results and asserted that the country has a bright future. He also emphasized on the need for equal opportunities for men and women.
-
India Will Be Driving Engine Of World Growth, Says PM Modi
Prime Minister Narendra Modi today said India is going through major social and economic changes and the resultant New India will prove to be a catalyst for global development.
-
Cabinet Gives Approval For Amendments To GST Laws
The Cabinet gave approval to GST laws amendments today, which included hiking threshold limit for availing composition scheme dealers to Rs 1.5 crore, among other things.
