Advertisement

  • News
  • Columns
  • Interviews
  • BW Communities
  • Events
  • BW TV
  • Subscribe to Print

Latest Articles in goods and service tax

CBIC Chairman Reiterates 28% GST On Online Gaming

The GST Council had resolved to expedite the process of amending the relevant Acts necessary to impose taxation on online gaming, casinos and horse racing

Read More

Govt Notifies Setting Up Of 31 State Benches Of GST Appellate Tribunal

The centre will establish 31 state benches for the GST Appellate Tribunal, which aims to expedite the resolution of GST-related disputes

Read More

GST Collections Need To Exceed Rs 1.65 Tn/Month In July-March 2024 To Meet Revenue Target

Any contraction in the value of merchandise imports with deeper commodity deflation may dampen the revenues from IGST, which is levied on an ad-valorem basis, says Icra

Read More

Experts Suggest Five GST Measures To Support Exporters

India's overall exports (merchandise and services) in June 2023 are estimated to be USD 60.09 billion, down around 13 per cent from June 2022. In June 2022, the exports were USD 69.20 billion

Read More

GST Council Considers New Rule Addition In Goods And Service Tax Law

The change in the rule is opined by the Law Committee, comprising tax officers from the Centre and states

Read More

Odisha Collects OGST, IGST Settlement Of Rs 1732.49 Cr During June 2023

The progressive gross GST collection up to June 2023 stands at Rs 13813.44 crore against a collection of Rs 12831.26 crore up to June 2022 recording a growth rate of 7.65 per cent

Read More

GST Has Done Justice To Consumers By Bringing Rates Down: Nirmala Sitharaman

Nirmala Sitharaman further added that many common-use items and services have been exempted from GST for the benefit of the people

Read More

Approve Changes In GST Laws By October, Centre Tells States

It may be recalled that the parliament had given its nod to the changes in the GST law in March

Read More

Union Budget 2023-24 May See Announcement Of GST Appellate Tribunal

The GST council is anticipated to take on the report of the Group of Ministers (GoM) on the appellate tribunal. If approved, Finance Minister Nirmala Sitharaman is expected to announce the setting up of the GST Appellate Tribunal in the Union Budget 2023-24

Read More

GST Panel Likely To Levy 28% Tax On Online Gaming

A KPMG report evaluated that the online gaming sector will increase to Rs 29,000 crore by 2024-25. It earned Rs 13,600 crore in 2021

Read More

CM Adityanath: No New Tax Or VAT Increase Will Be Applicable In UP

Yogi Adityanath, Chief Minister of Uttar Pradesh, explained on Friday that in order to safeguard the greater public interest, the government does not plan to raise the Value Added Tax (VAT) or impose any new taxes

Read More

Direct Tax Collection Rises 41% In Q1 FY23

Net direct tax collection in the April-June quarter of the current fiscal rose by 41 per cent to Rs 3,54,569.74 crore, Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha

Read More

GST On Essential Items After States Sought Levy, Aimed To Check Evasion, Says Official

GST on pre-packaged goods/ food packets was levied after some states gave feedback of losing revenues they previously earned from levy of VAT on food items, a top government official said

Read More

GST E-Invoicing Created Much-Needed Transparency To Curb Tax Evasion: Mohan Ramaswamy

Centre is now planning to make GST e-invoicing compulsory for businesses with a turnover of Rs 5 crore and above

Read More

'Casinos Over Common People': Congress Slams Government On GST Changes

Party leader Rahul Gandhi hit out at the government over GST rates, and said a single, low tax rate would help reduce the burden on the poor and the middle class

Read More