- 07 Oct 2024 06:44 PM
- New
Advisory on Aadhaar Authentication & Document Verification for GST Registration in Kerala, Nagaland, Telangana
GST applicants from Kerala, Nagaland, and Telangana must follow new Aadhaar-based biometric authentication and document verification procedures, effective from October 5, 2024. As per the amendment to Rule 8 of the CGST Rules, 2017, applicants may undergo biometric-based Aadhaar authentication, alongside verification of the original documents uploaded during registration. This process involves receiving an email with either a link for OTP-based authentication or for booking an appointment at a GST Suvidha Kendra (GSK). Applicants opting for the biometric process must visit the designated GSK with essential documents, including original Aadhaar and PAN cards, along with the confirmation emails. After successful authentication, the Application Reference Number (ARN) will be generated. The GSKs operate according to the state guidelines, and it is crucial to schedule biometric verification within the specified period as outlined in the registration process.
Read More
- 05 Oct 2024 06:23 PM
- New
SpiceJet clears four-month pending salary of employees after GST dues; 10-month PF fee deposited
SpiceJet is signalling its intent to regain a stronger position in the competitive aviation market with plans to introduce new aircraft, expand its routes, and restore its network.
Read More
- 04 Oct 2024 05:26 PM
- New
India @2047: Navigating roadblocks on the path to a $30 trillion economy
Rau of Future Generali India Insurance, highlighted India’s potential to become a $30 trillion economy, but flagged challenges in labour reforms, geopolitics, and governance.
He pointed to growth in the insurance sector, led by tech and consumer demand, but called for clarity on GST in healthcare
- 02 Oct 2024 06:18 PM
Centre, states collect ₹1.73 tn in GST revenue in September
Experts said the September revenue collection figure, representing August sales, was a tad below expectations.
Read More
- 01 Oct 2024 06:03 PM
Beverage industry seeks sugar content-based tax on aerated drinks
A tiered approach of a lower tax on drinks with less sugar will encourage more such options and boost local production and investment, says industry body.
Read More
- 01 Oct 2024 06:07 PM
GST-related anti-profiteering regime to end in March next year, marking shift towards free pricing
The anti-profiteering regime was intended as a transitional arrangement when indirect tax reforms were introduced in July 2017.
Read More
- 28 Sep 2024 06:24 PM
How GST 2.0 can transform the MSME sector
While the Government has shown willingness to address the sector concerns, MSMEs are looking forward for additional focus on introducing transformative and progressive reforms for its growth and the economy at large.
Read More
- 25 Sep 2024 06:31 PM
Credit Cards: Can banks levy GST on interest component of personal loan EMIs?
Credit cards: The interest portion on loan offered against the credit card limit is subject to 18 percent GST. This certainly adds to the overall EMI burden.
Read More
- 25 Sep 2024 06:29 PM
Top Events of the Day: KRN Heat IPO opens, second phase of J&K elections, GST council meet, and more
Top Events of the Day: The second phase of Jammu and Kashmir elections is underway. The Group of Ministers on GST meets in Goa to discuss potential tax slab changes and rate revisions, aiming to refine India's four-tier GST structure.
Read More
- 23 Sep 2024 06:22 PM
Govt looks to reduce tax on marine diesel oil to boost coastal, inland shipping
Bringing it under GST is one of the options being discussed, officials said. The goal is to reduce costs for coastal and inland shipping to help companies become more competitive and incentivise this relatively less-polluting mode of transport.
Read More