The most substantial penalty was imposed by the GST office in Kolkata, which has demanded Rs 33.44 crore from VIL, citing alleged tax shortfalls on outward supplies and excessive ITC claims
Read More
The meeting will aim to discuss the pending issues of the last meeting. The council is expected to discuss rate rationalisation and compliance, among others
Read More
Speaking on the suggestions by many Opposition members to reduce GST on health insurance premiums, Sitharaman reiterated that taxes were imposed on such items even before the GST regime came into effect in 2017
Read More
As GST continues to evolve, its impact on the Indian economy, particularly on MSMEs, will likely become even more pronounced, writes Amit Prasad
Read More
Nirmala Sitharaman’s reappointment as the Union Minister of Finance not just reaffirms the Modi government’s faith in her but also signals the continuity of India’s economic reforms. As she takes her mandate forward in NDA 3.0, here is a recap of her key achievements so far as FM
Read More
The survey highlights areas which have resulted in growing confidence in GST, specifically on the positive role of GST automation, technology and consultative environment, in GST policy-making
Read More
CII also want that capital gains tax should be rationalised
Read More
Illicit cigarettes is a burgeoning trade in the country that thrive on higher margins to retailer outlets
Read More
With health insurance premiums rising rapidly, it is becoming unaffordable, especially for senior citizens
Read More
