By: AdminApril 19, 2024Categories: GST Recent News4 Min Read The All India Gaming Federation (AIGF) has reported that illegal offshore betting and gambling operations are causing a significant financial loss…
GST Council discusses exempting reinsurance from GST
By: AdminApril 19, 2024Categories: GST Recent News4 Min Read India's Goods and Services Tax (GST) Council is set to review exempting reinsurance business from GST. The review is likely to…
Arani’s Handloom Weavers Face Hardships Due to GST and Rising Power Loom Usage
By: AdminApril 19, 2024Categories: GST Recent News4 Min Read Beads of sweat fall from the face of Velu, a 56-year-old weaver from Sevoor village in Arani of Tiruvannamalai, as he…
Madhya Pradesh GST Department Clarifies Officer Roles and Supersedes Previous Order Effective May 01, 2024
By: AdminApril 19, 2024Categories: GST Law|Notification And Circular4 Min Read The Madhya Pradesh GST Department, through Order No. 03/2024 dated April 18, 2024, amends and supersedes the earlier Order No.…
Online gaming industry hopes GST Council will reconsider decision to levy 28% tax
By: AdminApril 19, 2024Categories: GST Recent News4 Min Read India’s online gaming industry is sticking to its demands on GST. The gaming federation head, indicates that while the government exchequer…
Record-breaking GST Collection in Maharashtra Surpasses Rs 3 Lakh Crore Mark; Investigation Branch Achieves Historic Revenue in Raids; Officials
By: AdminApril 18, 2024Categories: GST Recent News4 Min Read Maharashtra's GST collection in the financial year 2023– 24 has crossed the Rs 3 lakh crore mark for the first time…
Hospital chain KIMS subsidiary gets income tax demand of ₹306.97 crore
By: AdminApril 18, 2024Categories: Income Tax News|News4 Min Read Hospital chain Krishna Institute of Medical Sciences Ltd (KIMS) on Tuesday (April 16) said its subsidiary SPANV Medisearch Lifesciences Private Ltd…
RBI extends Key Fact Statement rules to all retail, MSME borrowers
By: AdminApril 18, 2024Categories: News|RBI4 Min Read The Reserve Bank of India (RBI) on April 15 extended the applicability of Key Fact Statement or KFS to borrowers of all retail…
DPIIT writes to 17 departments, seeking faster clearance to pending FDI proposals
By: AdminApril 18, 2024Categories: News4 Min Read The Department for Promotion of Industry and Internal Trade (DPIIT) has urged 17 government departments to speed up decision-making on foreign direct investment…
CBDT asks self-reporting orgs to file details of high-value transactions by June 30, 2024
By: AdminApril 18, 2024Categories: Income Tax News|News4 Min Read The Central Board of Direct Taxes (CBDT) has asked SROs or self-reporting organisations to file details of all high-value transactions that…