The Goods and Services Tax (GST) Council takes up several proposals that could impact various sectors
Read MoreA lot of issues were brought up for further discussion today in the GST Council, Sitharaman said, adding that which is why they felt it should go through a rigorous looking into by the GoM
Read MoreThe Goods and Services Tax (GST) Fitment Panel has stated that payment aggregators should not be categorised as banks because they function as middlemen in transactions.
Read MoreGadkari said that developing flex-fuel engines is the target of the government, and we have the "proven technology" to make it possible
Read MoreThis notice was issued by the Department of Revenue under the Ministry of Finance. It alleged that the company had failed to pay Integrated Goods and Services Tax on export turnover related to services rendered to international clients
Read MoreWest Bengal finance minister Chandrima Bhattacharya says she has put in a request to reduce GST rates of 18 per cent on life and health insurance premiums
Read MoreThe government is expected to offer GST relief to Infosys, foreign shipping lines and airlines, with modifications to the June circular anticipated at the GST council meeting on 9 September
Read MoreThe demand comes from allegations that the company incorrectly handled zero-rated supply provisions, leading to a proportionate reversal of input tax credit
Read MoreThe rise is driven by an growth in both personal income tax (PIT) and corporate tax collections, amounting to Rs 4.47 lakh crore and Rs 2.22 lakh crore, respectively
Read MoreThe amendment mandates that businesses with multi-state GST registrations must register as ISD to allocate ITC for services available across their branches
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