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1 min read

GST to be paid by telecom companies, along with instalments towards spectrum charges: Official

Telecom companies will have to pay GST along with the instalments paid towards spectrum charges, a …

PTI   


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2 mins read

Indian economy likely to grow over 7% in 2024-25: Economic think tank NCAER

"Projected acceleration in both global growth and trade volumes, as well as a forecast of an abo…

PTI   


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1 min read

GST notices worth Rs 1 lakh crore issued to online gaming firms

The Goods and Services Tax (GST) authorities have issued show cause notices demanding as much as Rs…

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1 min read

SC stays K'taka HC decision quashing Rs 21,000 cr GST notice to online gaming platform

The Supreme Court on Wednesday stayed the judgment rendered by the Karnataka High Court which had q…

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2 mins read

India is working on crypto classification under GST law

The government is working on classification of cryptocurrency as goods or services under the GST la…

PTI   


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5 mins read

GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal

Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…

PTI   


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2 mins read

As curd, paneer and wheat flour turn 5% costlier, retailers worried about 'old stock'

With curd, paneer, unbranded pre-packaged food items like wheat flour and others coming under the G…

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3 mins read

Online gaming industry says 28% GST makes operations unfeasible

The online gaming industry woke up expecting a bad day on Dalal Street after the 50th GST Council a…

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3 mins read

Cloud kitchens are restaurants, ice cream is not food and other important clarifications that will affect GST rates

One of the reasons behind this is the ever-evolving business landscape – for instance, while clo…

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4 mins read

Signs that Modi government wants to bring petrol and diesel under GST – and the reasons why it is difficult

When it was rolled out in 2017, the GST regime brought a wide range of products and almost all s…

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4 mins read

GST Council may consider bringing petrol, diesel under GST on September 17

In June, the Kerala High Court, based on a writ petition, had asked the GST Council to decide…

PTI   


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4 mins read

OPINION: GST Input Tax Credit changes from January 1 – Things to ask your vendor, how to protect your ITC and more

With the upcoming change, ITC on an invoice/debit note can be availed by a recipient only when d…

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2 mins read

GST Council meet: decriminalisation, tax evasion in pan masala, gutkha biz on agenda

Besides, GST on online gaming and casinos may come up for deliberations at the Council meeting.…

PTI   


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2 mins read

8 in 10 Indians want 28% or higher GST on casinos, online games and horse races

Six in ten Indians are in favour of keeping cryptocurrencies under the 28% or higher goods and serv…

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2 mins read

SIMPLY PUT: How will the GST council’s tax changes affect family budgets?

GST rates were being revised to rationalise tax on certain goods and services to correct a…

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3 mins read

Buying NFTs may get more expensive for Indians as the government mulls over double taxation

Non-fungible tokens (NFTs) have become a buzzword in India, even among those who may not necessaril…

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2 mins read

Businesses with turnover of over Rs 5 crore to generate e-invoice from August 1

New Delhi, May 11 (PTI) Businesses with turnover of over Rs 5 crore will have to generate electroni…

PTI   


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2 mins read

28% GST on crypto transactions? India is reportedly mulling another tax levy next week

A group of ministers is reportedly set to discuss a GST on cryptocurrency transactions in the count…

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2 mins read

Both GST and Excise duty can be imposed on tobacco: Karnataka HC

"The levy of excise duty on tobacco and tobacco products is a matter of public policy and this…

PTI