Include petroleum products, electricity, real estate in GST, suggests EY
  • 31 Aug 2022 05:58 PM
  • New

Include petroleum products, electricity, real estate in GST, suggests EY

Source: https://www.livemint.com/economy/include-petroleum-products-electricity-real-estate-in-gst-suggests-ey-11661866266437.html

NEW DELHI : Inclusion of petroleum products, electricity and real estate within the ambit of Goods and Services Tax (GST) will make Indian manufacturing sector more competitive, according to a book on GST brought out by EY, which gave sector specific suggestions on indirect tax reforms.

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Indian Railways clarifies GST rules applicable on train ticket cancellation
  • 31 Aug 2022 06:03 PM
  • New

Indian Railways clarifies GST rules applicable on train ticket cancellation

Source: https://www.livemint.com/news/india/indian-railways-clarifies-gst-rules-applicable-on-train-ticket-cancellation-11661911463777.html

Indian Railways have issued a clarification on the cancellation of confirmed tickets by the passengers after reports claimed that GST would be levied on the cancellation of railway tickets by the passengers.

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GST revision can enable India achieve $5 trillion economy: EY
  • 30 Aug 2022 06:28 PM

GST revision can enable India achieve $5 trillion economy: EY

Source: https://economictimes.indiatimes.com/small-biz/gst/gst-revision-can-enable-india-achieve-5-trillion-economy-ey/articleshow/93877560.cms

The book recommends the policy measures required to reform GST hinging on revenue buoyancy, world-class dispute resolution, institutional strengthening, and enhancing the ease of doing business.

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Request to reconsider method of implementation of Punjab State Development Tax
  • 30 Aug 2022 06:34 PM

Request to reconsider method of implementation of Punjab State Development Tax

Source: https://taxguru.in/goods-and-service-tax/request-reconsider-method-implementation-punjab-state-development-tax.html

Representation with humble request to reconsider the method of implementation of Punjab State Development Tax (PSDT) in the interest of taxpayers

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Right tax structure for online gaming industry can boost domestic cos: Report
  • 27 Aug 2022 06:11 PM

Right tax structure for online gaming industry can boost domestic cos: Report

Source: https://www.livemint.com/news/india/right-tax-structure-for-online-gaming-industry-can-boost-domestic-cos-report-11661502366558.html

The proposed levy of higher goods and services tax on the online gaming industry could lead to a decline in active users and discourage domestic gaming companies, according to a report by Assocham and EY. An optimal tax structure on the industry will support animation, visual effects, gaming and comic sector vision of the government, the report added .

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India facing inflation as BJP using all money to buy MLAs: Arvind Kejriwal in Delhi Assembly
  • 27 Aug 2022 06:16 PM

India facing inflation as BJP using all money to buy MLAs: Arvind Kejriwal in Delhi Assembly

Source: https://www.livemint.com/politics/news/india-facing-inflation-as-bjp-using-all-money-to-buy-mlas-cm-arvind-kejriwal-in-delhi-assembly-special-session-11661511782480.html

NEW DELHI : AAP national convenor and Delhi chief Minister Arvind Kejriwal accused the Narendra Modi-led Bharatiya Janata Party (BJP) of trying to topple the AAP government in national capital Delhi. Calling BJP a "serial killer of governments", the Delhi CM requested a trust vote in the Assembly to ‘show people that not even one (AAP MLA) went away’.

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India's GDP will grow at 7.4% in FY 2022-23, says Nirmala Sitharaman
  • 27 Aug 2022 06:21 PM

India's GDP will grow at 7.4% in FY 2022-23, says Nirmala Sitharaman

Source: https://www.livemint.com/news/indias-gdp-will-grow-at-7-4-in-fy-2022-23-says-nirmala-sitharaman-11661517093269.html

The Finance Minister was of the opinion that since the corporate tax collection has been high, it cannot be without private investment.

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There’s GST on daily essentials as Centre needs money to buy MLAs: Arvind Kejriwal
  • 27 Aug 2022 06:24 PM

There’s GST on daily essentials as Centre needs money to buy MLAs: Arvind Kejriwal

Source: https://www.livemint.com/news/india/theres-gst-on-daily-essentials-as-centre-needs-money-to-buy-mlas-arvind-kejriwal-11661583636094.html

Arvind Kejriwal said on Twitter that imposing Goods and Service Tax (GST) on daily essentials would bring in ₹7,500 crore annually to the exchequer of the Central government. The chief minister of Delhi asserted that the Narendra Modi administration had spent ₹6,300 crore to overthrow the state governments. Otherwise, he claimed, the Centre would not have added GST to necessities.

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'Didn't have to impose GST on food items if...': Kejriwal accuses BJP of spending ₹6,300 crore in toppling govts
  • 27 Aug 2022 06:27 PM

'Didn't have to impose GST on food items if...': Kejriwal accuses BJP of spending ₹6,300 crore in toppling govts

Source: https://www.livemint.com/news/india/arvind-kejriwal-accuses-bjp-of-spending-rs-6-300-crore-in-toppling-govts-11661589064893.html

Delhi Chief Minister Arvind Kejriwal, on Saturday took a sarcastic jibe on Bhartiya Janta Party (BJP) claiming that the Centre did not have to impose GST on food items if the "BJP had not spent a whopping ₹6,300 crore on toppling governments" in other non-BJP ruled states in the country.

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