Tag: GST

Business confidence index rises in September quarter: CII – Times of India

NEW DELHI: Confederation of Indian Industry's business confidence index improved to 67.1 in the September quarter, reflecting robust macro fundamentals of India's economy despite...

Canteen fees: Conflicting GST rulings puzzle companies – Times of India

MUMBAI: The Uttarakhand bench of the GST Authority for Advance Rulings (GSTAAR) has held that the nominal sum recovered from employees for provision of...

Exporters fear liquidity hit after GST exemption ends – Times of India

NEW DELHI: The government’s move to withdraw the GST exemption on export freight at the start of the month has made exporters nervous as...

GST compensation cess on luxury items extended | India News – Times of India

NEW DELHI: The central government has extended the validity of compensation cess levied along with the GST on luxury and "sin" goods such as...

Local soft drink players move to 160ml packs to offset higher GST – Times of India

NEW DELHI: Local soft drink players who were slapped with a steep GST hike on fruit-based carbonated drinks last year have devised a novel...

Centre allows further operational flexibility to GST filers – Times of India

NEW DELHI: The government has allowed further flexibility to tax filers operating under the Quarterly Return Filing and Monthly Payment of Taxes (QRMP) scheme...

FM Sitharaman says bringing petrol, diesel under GST regime could help in lowering fuel prices

Chennai: Amid an outcry over record high Petrol and diesel prices, Union Finance Minister Nirmala Sitharaman on Saturday said the Centre and state governments...

Bitcoin trading likely to attract Income Tax, 18% GST: Reports

New Delhi: Government is contemplating to levy income-tax (I-T) and goods and services tax (GST) at the rate of 18 percent on gains and...

‘Best judgment’ assessment awaits GST return non-filers – Times of India

NEW DELHI: Thousands of GST non-filers, or those who did not file returns, have received an auto-generated letter from the authorities, asking them to...

Union Budget of India: Today, a report that’s more important than the Budget | India Business News – Times of India

NEW DELHI: While both the salaried class and corporates are keenly awaiting the Union Budget 2021, another key report will be tabled in Parliament...

GST revenue collection at all-time high in January 2021, stands at Rs 1.19 lakh crore: Ministry of Finance

New Delhi: The Union Ministry of Finance on Sunday (January 31, 2021) announced that the gross Goods and Services Tax (GST) revenue collected in...

GST Revenue Collection for January Almost Touched Rs 1.20 lakh Crore, says Finance Ministry

The government on Sunday released a statement saying that the...

GST revenues touch record high of Rs 1.20 lakh crore in January – Times of India

NEW DELHI: GST collections for January touched an all-time high of about Rs 1.20 lakh crore, the finance ministry said on Sunday. The ministry...

Budget 2021: Smartphone industry seeks more budgetary allocation, reduction in GST

The Union Budget 2021 will be presented on February 1 by Finance Minister Nirmala Sitharaman with major expectations from various stakeholders, hoping that the...

Budget 2021: COVID-19 hit hospitality sector seeks relief on GST front, demands industry status

New Delhi: Several sectors in the country are battling a huge crisis in the aftermath of the COVID-19 pandemic – one such sector being...

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