GST: News
What happens when a film is declared tax-free
Vikrant Massey's latest Hindi film, The Sabarmati Report (TSR) has become the latest movie to get the tax-free label from multiple states.
Your health, life insurance premiums might become cheaper next month
The Goods and Services Tax (GST) Council will meet at the end of December, with a focus on possible tax relief on health and life insurance premiums.
PM Modi pledges 'Viksit Uttarakhand' in next 25 years
Prime Minister Narendra Modi greeted the people of Uttarakhand on its 25th State Foundation Day on Saturday.
FirstCry shares crash 6% as GST department initiates investigation
Shares of Brainbees Solutions, the parent company of popular kidswear brand FirstCry, fell by 5.66% to ₹590 at the closing bell today.
GST collections in October hits 6-month high of ₹1.87L crore
India's Goods and Services Tax (GST) collections for October 2024 have hit a six-month high of ₹1.87 lakh crore, an annual growth of 8.9%.
'Secular civil code key to ending discrimination': Modi
Prime Minister Narendra Modi on Thursday emphasized the importance of a Uniform Civil Code (UCC) and national unity while addressing the National Unity Day parade in Kevadia, Gujarat.
How an 8-member gang pulled off a ₹8,000cr GST scam
Pune Police have busted a massive Goods and Services Tax (GST) fraud, worth an estimated ₹5,000-₹8,000 crore. The elaborate scheme was masterminded by eight people who set up 246 fake firms across 13 states.
GST hike: Your spa treatments may get costlier soon
The Goods and Services Tax (GST) Council is considering a major overhaul of tax rates.
Your health insurance premiums may soon become cheaper
The Group of Ministers (GoM) panel on Goods and Services Tax (GST) has reached a consensus, on some major exemptions pertaining to life and health insurance, as per Moneycontrol.
Starting your own business? Here's how to sell on Flipkart
The Indian e-commerce sector should hit ₹4,416.68 billion by 2024-end.
No new GST anti-profiteering investigations starting April 1, 2025
The Indian government has made a big announcement: no new anti-profiteering investigations under the Goods and Services Tax (GST) will kick off after April 1, 2025.
SpiceJet to issue 48.7 crore shares for ₹3,000 crore QIP
SpiceJet, a leading budget airline in India, has announced its board's approval to issue approximately 48.71 crore equity shares at ₹61.60 each.
GST evasion in India climbs to ₹2.01L crore in FY24
Goods and Services Tax (GST) evasion in India has seen a significant surge, reaching ₹2.01 lakh crore for the fiscal year 2023-24.
Video of restaurateur's private conversation with Sitharaman leaked; BJP apologizes
Bharatiya Janata Party (BJP) leader K Annamalai has apologized on behalf of the party after it leaked a video of Sri Annapoorna restaurant chain owner Srinivasan apologizing to Finance Minister Nirmala Sitharaman.
GST Council September meet: What got cheaper and costlier
The Goods and Services Tax (GST) Council has announced significant reductions in taxes on various goods and services.
GST Council postpones decision on oil and gas contract taxation
The Goods and Services Tax (GST) Council has postponed its decision regarding the taxation of oil and gas exploration contracts.
GST Council postpones decision on health, life insurance premiums
The Goods and Services Tax (GST) Council has deferred its decision, on potentially reducing the tax rate for health and life insurance premiums, as reported by ET NOW.
India's automobile industry surpasses ₹20 lakh crore milestone in FY24
The Indian automotive industry has achieved a significant milestone, surpassing the ₹20 lakh crore mark in FY24.
GST Council to discuss tax on insurance premiums, e-gaming tomorrow
The Goods and Services Tax (GST) Council, led by Finance Minister Nirmala Sitharaman, will discuss potential changes in the taxation of insurance premiums and online gaming tomorrow.
Payment aggregators receive GST notices for transactions below ₹2,000
Leading payment aggregators BillDesk and CCAvenue have been issued notices by the Goods and Services Tax (GST) authorities.
Tips for updating your Aadhaar card information
The Aadhaar card, a 12-digit unique identity number issued by the Unique Identification Authority of India (UIDAI), has become indispensable for Indian citizens.
Nitin Gadkari urges states to reduce GST on flex-fuel vehicles
Union Minister Nitin Gadkari has called for a reduction in Goods and Services Tax (GST) on flex fuel-based vehicles.
India's August GST collections grow 10% YoY to ₹1.75 trillion
India's Goods and Services Tax (GST) collections reached ₹1.75 lakh crore in August 2024, reflecting a slight decrease compared to ₹1.82 lakh crore collected in July.
Himachal Cabinet to forgo salaries for 2 months; know why
The Himachal Pradesh Cabinet, led by Chief Minister Sukhvinder Singh Sukhu, has announced a two-month salary and allowance waiver due to the state's severe financial crisis.
Term life insurance plans in India might become cheaper
The Goods and Services Tax (GST) Council is considering a proposal to exempt term life insurance policies from GST, according to an anonymous senior government official speaking to Moneycontrol.
Government may withdraw $4 billion GST demand from Infosys
The Indian government is considering withdrawing its $4 billion back tax demand from IT behemoth Infosys, according to two government insiders (via Reuters).
Education Ministry intervenes as IITs receive GST non-payment notices
The Ministry of Education has intervened following the issuance of Goods and Services Tax (GST) non-payment notices to academic institutions, including the Indian Institute of Technology (IIT).
Hero MotoCorp slapped with ₹17 crore GST notice
Hero MotoCorp, India's leading two-wheeler manufacturer, has received a tax demand notice exceeding ₹17 crore.
Sitharaman says Gadkari's letter seeking GST relief released 'without permission'
Union Finance Minister Nirmala Sitharaman has stated that a letter from Transport Minister Nitin Gadkari, which called for the removal of 18% Goods and Services Tax (GST) on health and life insurance premiums, was made public without his approval.
BCCI paid over ₹2,000 crore GST in FY23 and FY24
The Board of Control for Cricket in India (BCCI) has made a significant contribution to the nation's Goods and Services Tax (GST) revenue.
Infosys gets relief in ₹3,898 crore FY18 GST case
The Directorate General of Goods and Services Tax Intelligence (DGGI) has resolved a tax case involving IT giant Infosys for the fiscal year 2017-18.
Infosys under investigation for GST evasion of over ₹32,000cr
Infosys, a prominent IT services firm, is being investigated by the Directorate General of GST Intelligence (DGGI) for allegedly evading over ₹32,000 crore in integrated goods and service tax (IGST).
Key numbers to watch out for in Union Budget today
Finance Minister Nirmala Sitharaman will present her seventh consecutive budget, a plan that aims to chart India's path toward development by 2047, at 11:00am on Tuesday.
Zomato hit with ₹9.45 crore GST notice, plans to appeal
Zomato has been issued a Goods and Service Tax (GST) demand notice of ₹9.45 crore by the Assistant Commissioner of Commercial Taxes (Audit), Karnataka, according to the company's BSE exchange filing.
Sitharaman announces Aadhaar-based biometric authentication to combat fake GST invoicing
Union Finance Minister Nirmala Sitharaman announced a pan-India rollout of a biometric authentication system at the 53rd GST Council meeting on Saturday.
GST Council Meeting: What got cheaper and costlier
The Goods and Services Tax (GST) Council, in its 53rd meeting held in New Delhi, has decided to implement nationwide biometric authentication to tackle fake invoicing.
India's GST cess to deliver ₹70,000 crore bonanza to Centre
The Indian government is projecting a substantial surplus of approximately ₹70,000 crore from Goods and Services Tax (GST) compensation cess collections.
GST Council may discuss tax relief for road, highway developers
The Goods and Services Tax (GST) Council is preparing to deliberate on potential tax relief measures for road and highway developers, as per CNBC-TV18.
Delta Corp shares soar on reports of potential GST waiver
Shares of online gaming company Delta Corp, hit a five-month high on Wednesday, following reports that the GST Council may consider an amendment to the CGST Act.
GST Council may propose amendment to nullify retrospective tax demands
The Goods and Services Tax (GST) Council is contemplating an amendment to the Central Goods and Services Tax (CGST) Act, 2017.