A group of 28 developing nations has backed India’s opposition to a set of new global rules for taxing tech giants being brokered by the Organisation for Economic Cooperation and Development (OECD).
India and its supporters believe the proposal gives
Uttar Pradesh Chief Minister Yogi Adityanath on Tuesday said the Commercial Tax Department should conduct awareness drives to help traders in filing returns and applying for refunds. He said a businessman is not afraid of paying tax, but harassment.
Adityanath,
NEW DELHI: Tamil Nadu Municipal Administration and Rural Development Minister SP Velumani on Wednesday urged Finance Minister Nirmala Sitharaman to reduce GST on machined job order items from the present 12 per cent to five per cent to help majority
Union Petroleum Minister Dharmendra Pradhan on Monday asked for inclusion of natural gas and aviation turbine fuel (ATF) in the goods and services tax (GST).
Key petroleum products, including petrol, diesel, crude oil, natural gas and ATF, were kept out
The government has constituted a committee of officers to suggest measures to augment GST revenue collections and administration.
“The committee should consider a wide range of reforms so that a comprehensive list of suggestions may emerge,” an official order said.
Importers have moved courts regarding the imposition of integrated goods and services tax (IGST) on the cost incurred through an agreement between two foreign parties to bring goods to India via ocean waters. This cost is termed ocean freight.
Petitions
The dwindling goods and services tax (GST) collections, which fell to a 19-month low in September, have triggered a war of words between Kerala Finance Minister Thomas Isaac and the Union finance ministry.
Isaac had, on Tuesday, tweeted that the
The Goods and Services Tax (GST) Council meeting on Friday is likely to be a stormy affair, with some states opposing the Centre’s proposal to cut tax on automobiles, citing revenue shortfalls and previous instances of businesses failing to pass
The narrow lanes of HSR Layout in south-eastern Bengaluru have, for some years, held up a sign to the rest of the country on what’s going to be the next big thing in the startup realm. A few streets to
The slashing of GST rates on hotel tariffs and the reduction in corporate taxes is the government’s Diwali gift for the tourism sector, Minister of Tourism Prahlad Patel said on September 23.
The GST Council on September 20 slashed the