The Rs 803.7 crore tax demand exceeds Zomato's total profits since achieving profitability in the April-June 2023 period. Zomato has received a notice from GST authorities demanding Rs 803 crore…
The Group of Ministers (GoM) on GST rate rationalisation has decided to increase tax on aerated beverages, cigarettes, tobacco and related products to 35 per cent from the current 28…
NEW DELHI: Goods and Services Tax (GST) collections in October, in gross terms, were Rs 1.87 lakh crore, an 8.9 percent increase from the previous year, according to data from…
MUMBAI: Is a softy ice-cream mix made of milk or sugar? According to a recent ruling given by the GST Authority for Advance Rulings (AAR) – Rajasthan bench, the product’s…
NEW DELHI: The Group of Ministers (GoM) on Saturday decided to exempt the Goods and Services Tax (GST) on term life insurance premiums and health cover premiums paid by senior…
NEW DELHI: Maintaining financial discipline and regulatory compliance, domestic airline SpiceJet has cleared all its Goods and Services Tax (GST) dues.The airline in a statement on Friday informed that the…
NEW DELHI: The Indian automotive industry has crossed Rs 20 lakh crore mark in FY24 and now contributes 14-15 per cent of the total GST collected in the country, SIAM…
IndiGo to challenge penalties of Rs 3.5 lakh Source link
Union finance minister Nirmala Sitharaman criticised the opposition for saying that the budget didn’t help the salaried and middle classes but only benefited the wealthy. She pointed out that the…
Infosys GST notice update: The Indian government has no plans to ease the Rs 32,000 crore ($4 billion) tax demand it issued to Infosys, a government source revealed to Reuters.…