- 17 Jan 2025 06:02 PM
- New
Union Budget 2025 Expectations Live Updates: Budget Session to be held between January 31 to February 13
Union Budget 2025 Expectations Live Updates: From ordinary taxpayers, to tech, healthcare, insurance, and finance sectors, among others — all stakeholders are holding high hopes for Union Finance Minister Nirmala Sitharaman's eighth Budget speech in February.
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- 17 Jan 2025 05:56 PM
- New
TReDs 2.0: Govt. looks at second window for MSME bill discounting, up to ₹10 lakh of transaction may be allowed
New Delhi: The government is looking at a second window for the Trade Receivables Discounting System (TReDs) to allow transactions of as low as ₹1 lakh to ₹10 lakh, two officials said.
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- 15 Jan 2025 06:19 PM
- New
Simplify India’s GST regime: The case for it is clear and it’s time to act
A recent clarification issued by the Goods and Services Tax Council in its December 2024 meeting, that caramelized popcorn would be grouped with sugar confectionery and taxed at 18%, attracted much criticism.
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- 15 Jan 2025 06:24 PM
Inequality alert: India’s economy appears to be getting even more K-shaped
India’s ‘K-shaped’ economy is now so entrenched that news headlines appear to be speaking about two very different countries. Consider two news items. In the first 11 months of last year, imports of luxury watches hit 250 million Swiss francs, up 28% from last year.
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- 11 Jan 2025 06:24 PM
Budget 2025 expectations: EV industry seeks 5% uniform GST, incentives for domestic battery manufacturing
Budget 2025 Expectations: The EV industry expects the Union Budget 2025 to address GST simplification and inverted tax issues. Proposals include incentives for local battery manufacturing and consumer subsidies to enhance EV accessibility, aligning with India's goal of a 30% EV market share by 2030.
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- 11 Jan 2025 06:22 PM
Top News on Jan 10: GST return filing deadline extended, 90-hour work week row, Los Angeles wildfires, more
From the extension of the GST return filing and payment deadline to the 90-hour work week debate to PM Modi's podcast debut with Nikhil Kamath to Los Angeles wildfires, here are today's top stories.
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- 11 Jan 2025 06:19 PM
GST return filing and payment deadline extended by two days after technical snag hits GSTN system
GST return filing: The last date for filing December GSTR-1 is January 13, while taxpayers opting for quarterly payment under the QRMP scheme for the October-December period will be January 15.
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- 10 Jan 2025 06:36 PM
GST portal faces technical issues; taxpayers struggle as GST Network seeks extension for December filing deadline
GST Network wrote on X handle that it has sent an incident report to CBIC (Central Board of Indirect Tax) to consider an extension of the deadline, which is set to expire on Saturday.
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- 10 Jan 2025 06:33 PM
Supreme Court stays GST tax notices seeking ₹1.5 trillion from online gaming companies till final ruling
The stay aims to prevent expiration of notices and address concerns from both gaming companies and the revenue department.
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- 10 Jan 2025 06:28 PM
Delta Corp shares surge 7% after SC stays show cause notice up to ₹1.1 lakh crore until March 17
Shares of Delta Corp climbed by as much as 7 per cent on January 10 after the Supreme Court put a hold on GST show cause notices amounting to ₹1.12 lakh crore issued to online gaming companies.
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