GST Tax - Latest News, Analysis, Opinion

The action was taken in response to recent investigations that showed fraudulent invoices were being used to accumulate unauthorised tax credits for hawala operations

UP Businessman Piyush Jain Gets Rs 497 Cr GST Notice

National

Jain came under the scanner in 2021 when over Rs 200 crore was recovered from him after raids by central agencies

Transfer Of Jaipur Airport Business To Adani Group To Have No GST

Energy & Infra

The AAI had approached the Rajasthan bench of the Authority for Advance Ruling (AAR) seeking ruling on whether the transfer of the airport business to Adani was treated as supply as going concern and whether GST was leviable on the transfer of assets.

'Technology Adoption Can Galvanise MSMEs'

Abhishek Sharma

IndiaMART Founder & CEO Dinesh Agarwal on the positives in Union Budget 2023-24 for the retail sector, the need to address the challenges facing it and more

FM Informs Andhra To Get Rs 689 CR As GST Compensation From Centre

National

The Union Minister was replying to a question raised in the Lok Sabha on when the pending GST compensation amount would be released by the Centre to the state

Budget 2023: Enable Real Estate Sector To Be India’s Growth Engine

Ashish Puravankara

Last year, the availability of affordable homes declined sharply, with supply dropping to 21 per cent, compared to 40 per cent in 2019

Budget 2023: Industry Demands More Funds, Reforms & Regulations In Healthcare

Shivam Tyagi

Ideally, India should be spending at least 2.5- 3 per cent of its Gross Domestic Product on the healthcare system. Sadly, it does not. The healthcare sector and bodies affiliated with it have once again big expectations from the upcoming Union Budget

Key To $5 Tn Economy Is 6.5% Growth With Less Than 5% Inflation: Govt

In its November edition, the paper cited predictions made by the International Monetary Fund (IMF), according to which India's economy will reach USD give trillion in 2027–2028

Tata Group Drags Docomo To High Court

In a writ petition under Article 226 in November, Tata has challenged its former partner after seeking government intervention in the matter earlier

October Records 50% Surge in VAT & GST Collection By Delhi Govt.

Delhi government’s VAT and GST collection posted a surge of about 50 per cent in October this year, against the same month in 2021. A collection of Rs. 3,585.4 crore from VAT, state goods and services tax (SGST) and integrated goods and services tax (IGST) was done by the Delhi government last month, against Rs. 2,405.7 crore in October 2021, as per government officials.

Cosmetic Ayurveda Products Attract Higher GST of 18%: AAR

The Telangana bench of the GST-Authority for Advance Rulings (AAR) has stated that just because ayurvedic products like hair oil, conditioners, face serums, etc. are manufactured under AYUSH-issued licenses, they cannot be classified as medicaments.

Affordable Housing Segment Has Potential To Mitigate Govt Covid Losses

M Murali

Opinion Columns

The real estate sector will continue to play a key role in India’s journey towards becoming a 5 trillion-dollar economy

102 Per Cent Surge In GST Collection By UP Govt.

The GST collection in Uttar Pradesh saw a sharp surge of 102 per cent by going up to Rs. 25,916 from the previous collection of Rs. 13,341 crore for the fiscal year of 2022.

5 Per Cent GST In Food In Trains, Platforms: AAAR