GST
- India
GST Council waives interest, penalty on notices to taxpayers under Section 73
New Delhi: As part of several taxpayer-friendly decisions, the GST Council on Saturday recommended the waiving of interest and penalty in cases of tax demand notices that have been sent under Section…
- India
Centre wants to levy GST on petrol, diesel; states have to decide rate: FM
New Delhi: Finance Minister Nirmala Sitharaman on Saturday said the intention of the central government has always been to bring petrol and diesel under GST, and it is now up to the…
- India
Railway services, students’ hostels exempted from GST
New Delhi: The GST Council meeting chaired by Finance Minister Nirmala Sitharaman on Saturday decided to exempt services provided by Indian Railways from GST. Addressing the media after the council meeting, the…
- India
GST has benefited the poor, empowered the states: FM Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman said on Monday that two significant milestones have now been achieved in the larger GST architecture with the appointment of the President of the GST Appellate…
- News
Pro-poor approach adopted for GST implementation: Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Monday said the government has adopted “a pro-poor approach” while implementing Goods and Services Tax, and despite lower taxes rates the revenues as a percentage…
- Top Stories
Hyderabad: 5 GST officials including Dy Comm arrested for tax fraud
Hyderabad: Five Goods and Services Tax (GST) officials including a deputy commissioner have been been arrested by the Central Crime Station (CCS), Hyderabad police, for aiding and conspiring with other persons who…
- Business
Sensex rises over 200 points on strong domestic cues
New Delhi: The Bombay Stock Exchange (BSE) Sensex gained more than 200 points on Thursday on strong domestic cues. Among the Sensex stocks, Powergrid was up more than 3 per cent while…
- Business
Zomato slapped with Rs 11.81 crore GST demand, penalty order
New Delhi: Online food delivery platform Zomato has received a goods and services tax (GST) demand and penalty order worth Rs 11.81 crore. The order consists of Rs 5.9 crore in GST…
- News
IIT Hyderabad to aid Telangana authorities GST-fraud probe
Hyderabad: The Indian Institute of Technology, Hyderabad, has announced that it will continue to supply any information needed from time to time and will offer Telangana Commercial Taxes officers all assistance available…
- Andhra Pradesh
Son of senior TDP leader Pulla Rao arrested on charges of cheating, GST evasion
Vijayawada: Andhra Pradesh police arrested the former director of a private company, son of a senior TDP leader, for allegedly defrauding the state government of crores of rupees by using shell companies,…
- India
Rahul promises modified GST if Oppn bloc comes to power
New Delhi: Congress MP Rahul Gandhi on Tuesday announced a new financial model for the small and medium businesses and industries with special focus on backward classes, Dalits, Adivasis and the poor,…
- India
Tax reforms resulted in record tax collection: PM Modi
Puttaparthi: Prime Minister Narendra Modi said on Tuesday that reforms brought in the tax system in the country during the last 10 years have resulted in record tax collections. He said that…
- Business
GST officers detect over 29k bogus firms involved in fake ITC
New Delhi: The government on Sunday said GST officers have detected 29,273 bogus firms involved in fake Input Tax Credit (ITC) claims of Rs 44,015 crore in eight months till December 2023…
- Hyderabad
Hyderabad industrialist held for evading taxes, false reporting
Hyderabad: The commercial tax department arrested an industrialist in Telangana for evading the tax to the tune of Rs 18.55 crore, and reporting false numbers. Rajkumar Rekhya Roopsing Nayak, Managing director of…
- Business
Zomato stock down after Rs 400 cr show-cause notice for GST dues
New Delhi: Zomato shares were trading more than 4 percent down on Thursday morning after it received Rs 400 crore show-cause notice from the goods and services tax (GST) authorities over unpaid…
