GST muddle on corporate guarantees betrays desperation for tax revenue
  • 05 Oct 2023 05:37 PM
  • New

GST muddle on corporate guarantees betrays desperation for tax revenue

Source: https://www.livemint.com/opinion/online-views/gst-muddle-on-corporate-guarantees-betrays-desperation-for-tax-revenue-11696496275927.html

This Saturday’s meeting of the GST Council is likely to provide clarity on how to levy GST on bank guarantees that companies give to related parties, reports Business Standard.

Read More
WinZO earmarks $25 million investment in Brazil for expansion
  • 05 Oct 2023 05:35 PM
  • New

WinZO earmarks $25 million investment in Brazil for expansion

Source: https://www.livemint.com/companies/news/winzo-earmarks-25-million-investment-in-brazil-for-expansion-11696488140811.html

Mumbai: WinZO Games, the Indian vernacular social gaming platform with over 150 million users, is set to launch its platform in Brazil and has earmarked an investment of $25 million in the Latin American country.

Read More
GST Council meeting on October 7: Agenda, other details here
  • 05 Oct 2023 05:31 PM
  • New
E-way bills moderate in Sep but remain among highest
  • 05 Oct 2023 05:27 PM

E-way bills moderate in Sep but remain among highest

Source: https://www.livemint.com/economy/eway-bills-moderate-in-sep-but-remain-among-highest-11696438453294.html

Generation of electronic permits for shipping goods within and across states in September moderated in tandem with softening factory orders but still remained one of the highest on record.

Read More
Webinar on Practical aspect of Annual Return (GSTR-9) under GST
  • 04 Oct 2023 06:20 PM

Webinar on Practical aspect of Annual Return (GSTR-9) under GST

Source: https://taxguru.in/goods-and-service-tax/webinar-practical-aspect-annual-return-gstr-9-gst.html

Practical aspect of Annual Return (GSTR-9) under GST, highlighting its significance, challenges, and vital provisions

Read More
Bajaj Allianz faces ₹1,010 crore GST demand notice. Know details
  • 04 Oct 2023 06:12 PM

Bajaj Allianz faces ₹1,010 crore GST demand notice. Know details

Source: https://www.livemint.com/companies/news/bajaj-allianz-faces-rs-1-010-cr-gst-demand-notice-know-details-11696342241148.html

Bajaja Allianz received a GST Demand notice for ₹1,010 crore from the Directorate of GST Intelligence for the non-payment of GST on co-insurance and re-insurance premiums.

Read More
Advisory: e-Invoice JSON download functionality Live on GST e-Invoice Portal
  • 04 Oct 2023 06:16 PM

Advisory: e-Invoice JSON download functionality Live on GST e-Invoice Portal

Source: https://taxguru.in/goods-and-service-tax/advisorye-invoice-json-download-functionality-live-gst-e-invoice-portal.html

The Goods and Services Tax Network (GSTN) has rolled out an exciting update for taxpayers. As of October 3, 2023, the e-Invoice JSON download functionality is live on the GST Portal. This enhancement aims to simplify the process of accessing and managing e-Invoices for GST taxpayers.

Read More
Delta Corp share price slumps 4% as 28% GST on online gaming takes effect
  • 03 Oct 2023 06:37 PM

Delta Corp share price slumps 4% as 28% GST on online gaming takes effect

Source: https://www.livemint.com/market/stock-market-news/delta-corp-share-price-slumps-4-as-28-gst-on-online-gaming-takes-effect-11696328481140.html

Delta Corp GST news: Delta Corp share price slumped over 4% on Tuesday's trading session as a result of the introduction of the 28% Goods and Service Tax (GST) for online gaming effective, October 1. Previously, the GST on platform fees for online gaming platforms was 18%. Delta Corp shares closed at ₹136.90, down 4.06%.

Read More
Government to meet its tax collection target for FY24: SBICaps
  • 03 Oct 2023 06:40 PM

Government to meet its tax collection target for FY24: SBICaps

Source: https://www.livemint.com/economy/government-to-meet-its-tax-collection-target-for-fy24-sbicaps-11696328066887.html

New Delhi: The Indian government's tax mop-up will likely meet budget estimates for fiscal year (FY) 2024, with the expected shortfall in excise duty revenue offset by higher income tax collection, SBI Capital Markets Ltd. (SBICaps) said in a report on Tuesday.

Read More
DGGI sends GST evasion notices of ₹28,000 crore to Dream11, ₹21,000 crore to Play Games 24X7: Reports
  • 03 Oct 2023 06:30 PM

DGGI sends GST evasion notices of ₹28,000 crore to Dream11, ₹21,000 crore to Play Games 24X7: Reports

Source: https://www.livemint.com/companies/dggi-sends-gst-evasion-notices-of-rs-28-000-crore-to-dream11-rs-21-000-crore-to-play-games-24x7-reports-11696323311368.html

The Directorate General of GST Intelligence (DGGI) has sent tax evasion notices of R 21,000 crore to Dream11, and of ₹21,000 crore to Play Games 24X7, reports said on October 3, citing persons who are privy to the development.

Read More