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2 mins read

GST rejig: Cheaper water, bikes; pricier shoes, watches

The Group of Ministers (GoM) on GST rate rationalisation on Saturday decided to lower tax rates on …

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1 min read

ED conducts raids in Gujarat in GST fraud case

The Enforcement Directorate conducted multi-city searches in Gujarat related to a money laundering …

PTI   


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1 min read

Karnataka registered 10.2% GSDP growth in 2023-24

Karnataka's GSDP soared to 10.2% in 2023-24, outpacing the national average of 8.2%, despite a seve…

PTI   


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1 min read

Indian consumers shifting towards low-sugar beverages, high GST rates stalling growth in carbonated soft drinks market

India's carbonated soft drinks segment faces challenges due to a 40% tax rate under GST, hindering …

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3 mins read

GST Council to deliberate on taxation of insurance premium, report on online gaming tomorrow

The Council is likely to be apprised about the ongoing drive against fake registration, the success…

PTI   


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2 mins read

GST slab changes unlikely soon; request for GST rate cut on insurance proposed by few states

Proposals have come for reducing rates for insurance, hospitality and beverages, and the online gam…

ANI   


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3 mins read

GST Council meet: TMC's O'Brien urges Sitharaman to withdraw 18 pc GST on insurance premiums

O'Brien also expressed fear that levying a high GST rate on health and life insurance might lead to…

PTI   


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2 mins read

GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you

At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…

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1 min read

Tax terrorism: INDIA bloc parties protest against GST on health, life insurance premiums

​​MPs from various parties such as TMC, Congress, AAP and NCP (SC), among others, participated in t…

PTI   


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2 mins read

Infosys says Karnataka govt withdrawing pre-show cause notice on GST notice

Infosys says that the Karnataka State authorities are withdrawing the pre-show cause GST notice iss…

ANI   


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2 mins read

Finance Ministry should identify high risk taxpayers in GST composition scheme: CAG

The Comptroller and Auditor General (CAG) has asked the Finance Ministry to identify high risk taxp…

PTI   


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1 min read

Hero MotoCorp gets over Rs 17 crore tax notice from Delhi GST authorities

​​The company has received an order for disallowance of input tax credit for FY 2019-20 from the Of…

PTI   


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2 mins read

54 Crore GST Refund Scam exposed by Delhi's Anti-Corruption Branch

The Anti-Corruption Branch (ACB) of Delhi has uncovered a scam involving fraudulent GST refunds wit…

ANI   


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1 min read

GST council meeting today: Tax on health insurance premiums expected to be reduced, says report

The 54th GST Council meeting is set to make a major decision on the GST rate on health insurance pr…

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2 mins read

Man gets job offer on WhatsApp, finds himself linked to Rs 250 crore GST E-way bill fraud

A man from Muzaffarnagar fell victim to a job scam via WhatsApp, leading to his personal details be…

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2 mins read

Gadkari asked states to pitch for reducing GST on flex engine vehicles

Union Minister of Road Transport and Highways, Nitin Gadkari, asked states to pitch for reducing GS…

ANI   


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1 min read

9 important changes and key takeaways from the 53rd GST Council meeting

A compilation of all the significant measures and changes announced by Finance Minister Nirmala Sit…

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2 mins read

Sitharaman urges tax officials to prevent doubts from escalating into grievances

Union Finance Minister Nirmala Sitharaman on Friday urged officers of the Central Board of Indirect…

ANI   


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4 mins read

GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout

The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…

PTI   


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3 mins read

Budget 2024 expectations – PLI scheme to GST reduction, budget expectations from the tech industry

The Budget 2024 is set to be tabled on July 23 by the finance minister Nirmala Sitharaman and like …