- 10 Mar 2025 06:44 PM
- New
GST rate cut soon, tax review in final stages, says FM Nirmala Sitharaman
Sitharaman said that the ministerial group set up by the GST Council has done excellent work, which is in final stages now and that the minister would take one more look at the proposals and take it to the federal indirect tax body for decision making.
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- 10 Mar 2025 06:51 PM
- New
FHRAI urges govt to delink food and beverage GST rates from room tariffs
New Delhi, Mar 9 (PTI) The Federation of Hotel & Restaurant Associations of India (FHRAI) on Sunday pitched for delinking the GST on food & beverage services from accommodation charges in hotels.
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- 10 Mar 2025 06:54 PM
- New
Govt seeks House nod for extra spending of ₹51,400 crore in FY25, mainly for subsidies
The government also sought House approval for an extra ₹6.27 trillion spending, mainly for repayment of debt.
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- 06 Mar 2025 06:15 PM
When do you have to register for GST as a professional landlord?
Are you a landlord who earns rental income from commercial properties? If your earnings cross a certain threshold a year, you may have to register for the Goods and Services Tax (GST) and start charging tax on rent.
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- 04 Mar 2025 06:28 PM
Relief for Indigo: No additional tax on aircraft parts re-imported following repairs, says Delhi HC
The court declared as unconstitutional a part of the 2021 customs department exemption notification that required payment of integrated GST, or IGST, and cess on the repair cost of goods re-imported into India after being sent abroad for maintenance
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- 04 Mar 2025 06:22 PM
Mohandas Pai dismisses ‘silly’ Mahakumbh Mela GST collection claim, netizens say ‘you mean hotels and travel were free’
Former Infosys CFO Mohandas Pai dismissed allegations of false GST collections during Kumbh Mela 2025, stating much of the revenue generated does not fall under GST. He said that the actual GST collection figures are still pending.
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- 03 Mar 2025 06:29 PM
Hyundai Motor India receives GST notices worth nearly ₹17.5 crore; stock down 7% in five sessions
Hyundai Motor India received GST notices from the State governments of Tamil Nadu and Maharashtra, according to an exchange filing. The shares of the Korean automaker have lost 6.20% since its listing on the stock market in October 2024.
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- 03 Mar 2025 06:32 PM
Indian stock market: 15 key things that changed for market over weekend - Gift Nifty, India GDP growth to Bitcoin price
Indian stock market: Gift Nifty was trading around 22,365 level, a premium of nearly 85 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.
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- 03 Mar 2025 06:34 PM
Relief for overtaxed beverages would spell economic gains for India
India’s taxation framework for non-alcoholic beverages stands out as one of the most onerous in the world. With the introduction of the goods and services tax (GST) in 2017, the central government intended to simplify multiple indirect taxes and foster a uniform market.
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- 01 Mar 2025 06:30 PM
India’s GST collection rises 9.1% to ₹1.84 lakh crore in February 2025
India's GST collection: Gross and net GST revenues in February 2024 were ₹1.68 lakh crore and ₹1.50 lakh crore, respectively.
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