GST Council meeting: Delhi FM Atishi to raise issue of tax on online gaming
Ahead of the GST Council meeting, Delhi Finance Minister Atishi on Wednesday sought reconsideration of the decision to levy 28 …
Updates
Govt hikes windfall tax on petroleum crude to Rs 4,250 per tonne from Aug 1
(Reuters) -The Indian government has hiked windfall tax on petroleum crude to 4,250 Indian rupees ($51.68) per tonne from 1,600 …
July GST collection comes at Rs 1.65 trillion, rises 11% YoY
The goods and services tax (GST) collection for the month of July came at Rs 1.65 trillion. This is up …
Current law enough against GST evasion by offshore gaming platforms: FinMin
The GST Council on July 11 decided that online gaming is an actionable claim, like the lottery, on which a …
Record 67.7 million ITRs for AY 2023-24 filed till July 31: I-T department
The income tax department on Monday said a record 6.77 crore income tax returns for the assessment year 2023-24 were …
Gamers urge finance minister to reduce current 28% GST on online gaming
Online gamers’ association on Tuesday requested finance minister Nirmala Sitharaman for a reduction of 28 per cent Goods and Services …
GST Council meet on Wednesday to finalise modalities for taxing gaming
The GST Council in its meeting on Wednesday is likely to finalise the modalities for determination of supply value in …
Govt extends deadline of IT hardware products PLI scheme till August 30
The government on Monday extended the deadline to apply for benefits under the production-linked incentive scheme for IT hardware products …
Amit Mitra highlights countrywide GST frauds, urges FM to call Council meet
Alleging that GST frauds are proliferating across the country and MSMEs are facing problems due to a web of regulations, …
GST officers arrest 3 for fraudulent ITC claims of Rs 557 cr, fake firms
GST officers have unearthed two fake billing rackets involving 246 shell/fake entities involved in fraudulently passing input tax credit (ITC) …
