Articles about GST

What does it mean for films to be tax-free?

22 Mar 2022

Entertainment
What does it mean for films to be tax-free?

Currently, The Kashmir Files (TKF) is witnessing a bumper wave at the box office and enjoying word-of-mouth publicity online.

GST Council decides to postpone tax hike on textiles

31 Dec 2021

Business
GST Council decides to postpone tax hike on textiles

The Goods and Services Tax (GST) Council Friday decided to defer the proposed hike in GST rate on textiles, said Union Finance Minister Nirmala Sitharaman.

GST changes from January 1: Here's how it impacts prices

27 Dec 2021

Business
GST changes from January 1: Here's how it impacts prices

The Goods and Services Tax (GST) regime will witness a host of tax rate and procedural changes starting January 1, 2022.

Petroleum Minister explains why petrol prices are not coming down

23 Sep 2021

Politics
Petroleum Minister explains why petrol prices are not coming down

Petrol prices in the country are not coming down as the states do not want to bring fuel under the ambit of the GST, Petroleum Minister Hardeep Singh Puri said.

Swiggy, Zomato will now collect GST. Does it affect you?

18 Sep 2021

Business
Swiggy, Zomato will now collect GST. Does it affect you?

Food delivery platforms like Swiggy and Zomato will collect 5% Goods and Services Tax (GST) from customers instead of the restaurants they pick up orders from, the GST Council decided in a meeting on Friday.

GST Council to meet in Lucknow on Friday

16 Sep 2021

Business
GST Council to meet in Lucknow on Friday

The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on Friday, which among other things may review the tax rate of over four-dozen items and extend till December 31, tax concessions on 11 COVID-19 drugs.

Vijayan requests PM to waive tax on imported life-saving drug

09 Jul 2021

India
Vijayan requests PM to waive tax on imported life-saving drug

In a letter to PM Narendra Modi on Friday, Kerala CM Pinarayi Vijayan urged him to waive GST and Customs duty on a life-saving drug to be imported from the US for the treatment of an 18-month-old child suffering from Spinal Muscular Atrophy (SMA), a rare disease, in the state.

GST Council meeting: No tax for COVID-19, black fungus medicines

12 Jun 2021

India
GST Council meeting: No tax for COVID-19, black fungus medicines

The Goods and Services Tax (GST) Council on Saturday decided to waive taxes on select items essential in the fight against COVID-19 such as medicines and certain equipment.

Bharat Bandh today against GST, fuel price hike

26 Feb 2021

India
Bharat Bandh today against GST, fuel price hike

The Confederation of All India Traders (CAIT) has given a clarion call for a Bharat Bandh on Friday, February 26, to protest against the rise in fuel prices, the new E-way Bill, and Goods and Services Tax (GST).

Harassed by loan sharks, debtors commit suicide, unearthing multi-crore scam

24 Dec 2020

India
Harassed by loan sharks, debtors commit suicide, unearthing multi-crore scam

The unfortunate demise of three people in Telangana, allegedly due to harassment of loan sharks, led police to unearth a multi-crore scam.

Private security guards to play big role in vaccination drive

18 Dec 2020

India
Private security guards to play big role in vaccination drive

The 90 lakh private security guards in the country will have a big role to play in the distribution of the coronavirus vaccine, Union minister G Kishan Reddy said on Thursday, as the government plans to roll out a massive vaccination drive across India.

GST transactions worth over Rs. 1 lakh crore under scanner

07 Dec 2020

Business
GST transactions worth over Rs. 1 lakh crore under scanner

Nearly 13,000 business entities, including some big corporations, allegedly availed of input tax credit (ITC) via fake invoices worth more than Rs. 1 lakh crore, for nearly three years, the Directorate General of Analytics and Risk Management (DGARM) has found.

Indian government to set up 69,000 EV charging stations

25 Nov 2020

Business
Indian government to set up 69,000 EV charging stations

Union Transport Minister Nitin Gadkari has announced to set up one e-charging kiosk at around 69,000 petrol stations across India, furthering the government's plan to make India an electric vehicle nation by 2030.

First doses of coronavirus vaccine for one crore healthcare workers

24 Nov 2020

India
First doses of coronavirus vaccine for one crore healthcare workers

Prime Minister Narendra Modi on Tuesday held a virtual meeting with Chief Ministers of eight states, where a large chunk of coronavirus cases are being reported from.

Amend or abandon GST: Uddhav Thackeray tells BJP-led Centre

26 Oct 2020

Politics
Amend or abandon GST: Uddhav Thackeray tells BJP-led Centre

Uddhav Thackeray, the disgruntled former ally of Bharatiya Janata Party (BJP), launched a sharp attack on the Centre on Sunday, saying that the GST system has failed and it should either be amended, or the old system should be brought back.

Centre announces travel payout, festival advance for government employees

12 Oct 2020

Business
Centre announces travel payout, festival advance for government employees

To aid the economy, bruised by the coronavirus pandemic, the Centre on Monday announced a few measures for government employees.

India may have crossed coronavirus peak, claims Finance Ministry

05 Oct 2020

India
India may have crossed coronavirus peak, claims Finance Ministry

Seven months after India imposed a strict lockdown to contain coronavirus spread, the country may have crossed the peak, the Finance Ministry said in its September report.

Blaming "we don't want you" taxes, Toyota halts India expansion

15 Sep 2020

Business
Blaming "we don't want you" taxes, Toyota halts India expansion

Japanese multinational automotive manufacturer Toyota has decided to not expand its operations in India, courtesy high taxes, a report in Bloomberg said on Tuesday.

Congress MP dies of coronavirus, spoke about it in Parliament

29 Aug 2020

Politics
Congress MP dies of coronavirus, spoke about it in Parliament

Congress MP H Vasanthakumar, who passed away due to coronavirus on Friday, had spoken about the seriousness of the disease in the Parliament but was shunned.

NEET, JEE row: Sonia calls opposition-meet, Mamata suggests approaching SC

26 Aug 2020

Politics
NEET, JEE row: Sonia calls opposition-meet, Mamata suggests approaching SC

On Wednesday, at the opposition meeting convened by Congress President Sonia Gandhi on the controversy around JEE and NEET examinations, West Bengal Chief Minister Mamata Banerjee suggested approaching Supreme Court seeking a postponement.

ED confirms withdrawal of Rs. 15 crore from Sushant's account

14 Aug 2020

Entertainment
ED confirms withdrawal of Rs. 15 crore from Sushant's account

The Enforcement Directorate (ED) has confirmed that around Rs. 15 crore were withdrawn from one of the bank accounts of late Sushant Singh Rajput.

Realme X50 Pro 5G's flash sale starts at 12pm today

13 Jul 2020

Technology
Realme X50 Pro 5G's flash sale starts at 12pm today

After four months of unavailability, the Realme X50 Pro 5G will be up for grabs today at 12 pm via Flipkart and Realme India's website.

Realme X50 Pro 5G's next sale on July 13

10 Jul 2020

Technology
Realme X50 Pro 5G's next sale on July 13

After four months of unavailability, the Realme X50 Pro 5G will finally go on sale in India on July 13. The phone was launched in February and was sold via flash sales until its availability got affected by the COVID-19 induced lockdown in March.

ASUS ROG Phone 2, now costlier, goes on sale today

22 Jun 2020

Technology
ASUS ROG Phone 2, now costlier, goes on sale today

ASUS ROG Phone 2, which has been unavailable for several weeks now, has finally come back in stock. The gaming handset will go on sale today via Flipkart at 8 pm.

Prices of petrol and diesel hiked for tenth straight day

16 Jun 2020

Business
Prices of petrol and diesel hiked for tenth straight day

The prices of petrol and diesel were increased for the tenth consecutive day on Tuesday, taking fuel prices to the highest level in more than a year.

#TechBytes: These smartphones have become costlier in India

14 Jun 2020

Technology
#TechBytes: These smartphones have become costlier in India

Some budget-friendly smartphones including the Samsung Galaxy M21, Redmi Note 8, and Realme C3 have recently received a price hike in India.

18% GST on parotas: Internet loses it over absurd rule

12 Jun 2020

India
18% GST on parotas: Internet loses it over absurd rule

Until now, you might not have given much thought to whether you were having your butter chicken or dal makhni with a serving of rotis or parotas.

Did India's lockdown really save lives?

04 Jun 2020

India
Did India's lockdown really save lives?

The 1.3 billion population of India was put under an unprecedented lockdown in March, to reduce the transmission of coronavirus.

These Xiaomi phones have become costlier in India

01 Jun 2020

Technology
These Xiaomi phones have become costlier in India

Xiaomi has once again increased the prices of the Redmi 8, Note 8, and 8A Dual in India. This is the third time that the company has hiked the prices of these handsets since the GST revision in April.

All important decisions taken on farmers, MSMEs during Cabinet meeting

01 Jun 2020

India
All important decisions taken on farmers, MSMEs during Cabinet meeting

Union Ministers Prakash Javadekar, Nitin Gadkari, and Narendra Tomar addressed media, a short while after Prime Minister Narendra Modi chaired a Cabinet meeting.

Delhi asks Rs. 5,000cr from Centre to pay employees' salaries

31 May 2020

India
Delhi asks Rs. 5,000cr from Centre to pay employees' salaries

The Delhi government has asked the central government for immediate assistance of Rs. 5,000 crore, Deputy Chief Minister Manish Sisodia said on Sunday.

Cheap shops, houses: What are UP's plans for migrant workers?

27 May 2020

India
Cheap shops, houses: What are UP's plans for migrant workers?

Laborers who returned to Uttar Pradesh from other states, after being rendered jobless due to the lockdown, will be given affordable houses and shops, Chief Minister Yogi Adityanath announced on Tuesday.

Maharashtra lockdown may not end on May 31, says Thackeray

24 May 2020

India
Maharashtra lockdown may not end on May 31, says Thackeray

Maharashtra Chief Minister Uddhav Thackeray on Sunday said that the lockdown may not be lifted on May 31 as the "multiplication of the virus" is picking up.

Redmi 8, Note 8, 8A Dual have become costlier

15 May 2020

Technology
Redmi 8, Note 8, 8A Dual have become costlier

Following the recent price-hike after GST revision, Xiaomi has once again increased the prices of the Redmi Note 8, Redmi 8, and Redmi 8A Dual smartphones in India.

#FinancialBytes: GST Refund Process - How to claim your refund?

10 May 2020

Business
#FinancialBytes: GST Refund Process - How to claim your refund?

The Goods and Services Tax (GST) regime in India was meant to make businesses hassle-free and more compliant. But, the mammoth of unclear guidelines have made it rather difficult for them.

Popular tech products that Chartered Accountants should know about

05 May 2020

Career
Popular tech products that Chartered Accountants should know about

In India, Chartered Accountancy (CA) is one of the most respected professional courses. It is a three-level program offered by the Institute of Chartered Accountants of India.

Coronavirus: Stimulus 2.0 in mind, Modi and Sitharaman hold talks

17 Apr 2020

India
Coronavirus: Stimulus 2.0 in mind, Modi and Sitharaman hold talks

With economic activity coming to a standstill for almost a month due to the coronavirus pandemic, Finance Minister Nirmala Sitharaman on Thursday met Prime Minister Narendra Modi to discuss a package that could keep the wheels churning.

Lockdown extended: Amit Shah assures there's enough food and medicines

14 Apr 2020

India
Lockdown extended: Amit Shah assures there's enough food and medicines

After Prime Minister Narendra Modi extended the nationwide lockdown for almost three more weeks today, Home Minister Amit Shah, the second-most important man in the BJP-led government, put out a series of tweets saying that the country has enough stock of food, medicines, and other essential commodities.

GST effect: These Realme smartphones have become costlier in India

06 Apr 2020

Business
GST effect: These Realme smartphones have become costlier in India

With an increase in GST rates on smartphones from 12% to 18%, Chinese tech giant Realme has increased the prices of its handsets.

GST effect: These Nokia smartphones have become costlier in India

04 Apr 2020

Business
GST effect: These Nokia smartphones have become costlier in India

With the recent hike in the GST rates on smartphones from 12% to 18%, HMD Global has followed the footsteps of other OEMs to increase the prices of Nokia smartphones.

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