GST | Zee News

Advertisement

GST News

28 Jan 2025

Union Budget: Infra Sector Calls For Raised Capex, Sops For Green Projects

The industry players in the infrastructure sector -- from construction to real estate, transportation, and urban development -- also emphasised the need for fiscal reforms and policies that would ease the burden on infrastructure projects.

27 Jan 2025

India’s Aircraft MRO Industry Revenue To Rise 50 Per Cent Next Fiscal

This will be driven by the reduction in GST input tax, to 5 per cent on all aircraft components, which may lower the component-related expenditure and place Indian MROs on par with their Asian competitors.

Goods and Services Tax

27 Jan 2025

Got GST Notice? How To Verify If It Is Fake Or Genuine --Process, Direct Link

GST Notice: In case of suspicion of bogus summons, taxpayers may immediately report to DGGI / CGST formations

Central Board of Indirect Taxes and Customs

24 Jan 2025

BIG GST Update: Govt Announces Late Fee Waiver For...

CBIC has announces late fee waiver for GSTR-9C filing delays for the financial years 2017-18 or 2018-19 or 2019-20 or 2020-21 or 202122 or 2022-23.

Goods and Services Tax

24 Jan 2025

GST Rule 2025: Amendment Notified By CBIC Regarding...

GST Rule 2025: The Central Board of Indirect Taxes and Customs has notified an amendment to GST rules to issue TIN to entities that are not required to register under the GST Act but need to make payments under some specific provision.

Union Budget 2025

23 Jan 2025

Budget 2025 Expectations Highlights: Railways, Technology: What’s In Store?

Budget 2025 Expectations Highlights: This will be Finance Minister Nirmala Sitharaman's second full-fledged Budget in Modi 3.0, and her eighth budget presentation overall in Parliament.

Goods and Services Tax

10 Jan 2025

MASSIVE Relief For GST Taxpayers! GSTR-1, GSTR-3B Filing Deadline Extended...

As per a notification by the Central Board of Indirect Taxes and Customs (CBIC), the last date for filing GSTR-1 for December is January 13, while that for taxpayers opting for quarterly payment under the QRMP scheme for the October-December period will be January 15.

Goods and Services Tax

10 Jan 2025

Technical Glitch: Taxpayers Struggle As GSTR-1 Filing Deadline Ends Tomorrow

It is to be noted that the deadline to file GSTR-1 is January 11, 2025 for the December 2024 tax period.

10 Jan 2025

SC Stays GST Show-cause Notices To Online Gaming Sector In Temporary Relief

The apex court stayed all further proceedings with respect to all show-cause notices, issued by the Directorate General of GST Intelligence (DGGI), until the final disposal of the case. The final hearing on the case has been set for March 18.

28 Dec 2024

Centre Transfers Rs 2.23 Lakh Crore For 1,206 Schemes Via DBT

In alignment with the 15th Finance Commission's recommendations, the DoE has also strengthened state finances by facilitating additional borrowing capacities, performance-linked incentives, and grants for disaster recovery, healthcare, and regional development.

22 Dec 2024

Central PSUs Record 47 Per Cent Jump In Net Profit For 2023-24

The increase in Contribution to the Central Exchequer (CCE) is mainly due to an increase in Corporation tax from Rs 0.56 lakh crore in (FY 2022-23) to Rs 0.81 lakh crore in (FY 2023- 24).

22 Dec 2024

GST Council Meeting: Key Recommendations To Provide Relief To Individuals

GST Council Meeting Highlights: The Council recommended reduction of payment of pre-deposit for filing an appeal before the Appellate Authority in respect of an order passed which involves only penalty amount.

22 Dec 2024

GST Council Defers Major Decisions, Key Issues Await Further Discussion

The GST Council also discussed the imposition of GST on quick commerce services, e-commerce, and food delivery platforms, but no decision was reached.

21 Dec 2024

GST Council Postpones Decision On Tax Cut For Life, Health Insurance

GST Council 55th Meeting: The premium paid by senior citizens towards health insurance coverage has been proposed to be exempted from the tax.

Anticancer Drug

06 Dec 2024

Manufacturers Reduce MRP On 3 Anticancer Drugs After BCD, GST Cuts: Centre

In the Union Budget, the government exempted customs duty on three cancer drugs to reduce the financial burden of people suffering from cancer and also to facilitate accessibility.

03 Dec 2024

Stocks Of ITC, Varun Beverages, Godfrey Phillips Decline Amid GST Hike Report

The Group of Ministers (GoM) report is expected to be discussed by the GST Council -- chaired by Union Finance Minister and comprising her state counterparts -- on December 21. A final decision on GST rate changes will be taken by the council.

03 Dec 2024

GST On Cigarettes, Tobacco, Aerated Beverages May Be Hiked To 35%

The GoM report is expected to be discussed by the GST Council -- chaired by Union Finance Minister and comprising her state counterparts -- on December 21. A final decision on GST rate changes will be taken by the council.

18 Nov 2024

GST Council To Discuss Tax Relief For Insurance On Dec 21

GST on premiums paid by individuals, other than senior citizens, for health insurance of up to Rs 5 lakh, is proposed to be exempted.

14 Nov 2024

Number Of ITRs For Incomes Above Rs 50 Lakh Surge 5-Fold In 10 Years

The percentage of income tax collection from taxpayers earning less than Rs 10 lakh has reduced, from 10.17 per cent of the total tax paid in 2014 to 6.22 per cent in 2024.

14 Nov 2024

Electronic toll Collection In India Soars To Record Rs 6,115 Crore In Oct

India’s Goods and Services Tax (GST) collections rose to Rs 1.87 lakh crore in October, the second-highest monthly revenue since the GST system was introduced in 2017.

Loading...

NEWS ON ONE CLICK