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56th GST Council Meet Brings Major Reliefs and Tax Reforms
56th meeting of the Goods and Services Tax (GST) Council, chaired by Union Finance Minister Nirmala Sitharaman, has introduced several ...
Tag: GST
Changes in GST rules
Allahabad High Court ruled that Input Tax Credit (ITC) cannot be denied to a genuine purchaser just because the supplier ...
How Can Freelancers Simplify Their GST Registration Process?
Freelancers, small businesses, and MSMEs in India often need GST registration to comply with tax laws. The process is straightforward, ...
GST Cuts Coming: Nirmala Sitharaman Hints at Significant Tax Relief Ahead
Finance Minister Nirmala Sitharaman announced plans for further GST rate cuts. Speaking at The Economic Times Awards, she highlighted the ...
18% GST on Used Cars for whom ?
The GST Council announced that starting December 21, 2024, an 18% GST will apply to the sale of all used ...
53rd GST Council Meet
The 53rd GST Council meeting on June 22 is set to address several crucial issues aimed at streamlining the GST ...
Delta Corp Faces Additional GST Notice of Rs 6,384 Crore, Bringing Total Tax Shortfall to Rs 16,822 Crore
Delta Corp, a prominent casino chain, disclosed to stock exchanges on October 14 that its subsidiary, Deltatech Gaming, received a ...
Income Tax Department Reveals INR 30,000-Crore Tax Evasion by Insurance Firms and Intermediaries
Several insurance companies and their intermediaries are facing increasing pressure over accusations of evading approximately INR 30,000 crore in income ...
The Income Tax Department sternly advises taxpayers with outstanding arrears to promptly reconcile them by offsetting them against refund claims.
In a recent announcement, the Income Tax (I-T) Department has taken a proactive step to assist taxpayers with pending outstanding ...
Direct Tax Revenue for 2023-24 Soars by 23.51% to Rs 8,65,117 Crore
Direct tax collections for the fiscal year 2023-24 have reached a substantial Rs 8,65,117 crore as of September 16, marking ...
