By: AdminJuly 22, 2024Categories: GST Recent News Cryptocurrencies, NFTs, and GST: Clarity Needed Ahead of Budget 2024 The taxation landscape for cryptocurrencies and non-fungible tokens (NFTs) has seen recent clarity…
Commercial Tax Department Reveals: Over 20K Taxpayers Still Evading GST
By: Admin July 20, 2024 Categories: GST Recent News GST Evasion Continues: Commercial Tax Department Initiates Special Drive It has now been six years since the Goods and Services Tax…
Indian Auto OEMs Pin Hopes on Budget 2024: Localisation, GST Cut, and Sustainable Mobility
By: Admin July 20, 2024 Categories: GST Recent News The interim budget earlier this year left the automobile industry largely unchanged, prompting high expectations for the upcoming Union Budget 2024,…
Telangana GST Compliance Soars to 82%: Commercial Taxes Officer Reveals
By: Admin July 20, 2024 Categories: GST Recent News Enhancing GST Compliance: Telangana Aims for 90% by Month End In a significant stride towards bolstering Goods and Services Tax (GST)…
Consumer Durable Industry Calls for 5-12% GST Cut: Budget 2024 Expectations
By: Admin July 22, 2024 Categories: GST Recent News Unlocking Growth: Policy Expectations for India's Consumer Durables Sector in Union Budget 2024 As India anticipates the Union Budget 2024, stakeholders…
Budget Expectation: Electric Vehicle Sector Demands Hike in Subsidy, GST Reduction
As the Union Budget approaches, India's electric vehicle (EV) industry is advocating for substantial support to enhance the sector's growth and sustainability. Key demands include increased subsidies, reduced GST on…
GST Compliance in Telangana Improved to 82%: Commercial Taxes Officer
By: Admin | July 20, 2024 | Categories: GST Recent News The Goods and Services Tax (GST) compliance in Telangana has significantly improved, rising from 68% to 82% over the…
Budget 2024: Indian Auto OEMs Put High Hopes on Localisation, GST Cut, Sustainable Mobility
By: Admin | July 20, 2024 | Categories: GST Recent News As the Union Budget 2024 approaches, the Indian automobile industry has high expectations for policies that will drive growth…
No GST Registration for Identified Taxpayers Without Biometric Aadhaar Authentication and In-Person Verification
The Central Board of Indirect Taxes and Customs (CBIC) announced on July 19, 2024, that a biometric-based Aadhaar authentication process for GST registration is now mandatory for taxpayers identified through…
Oil and Gas Sector Hopes for Inclusion in GST Regime
The oil and gas industry is advocating for inclusion in the Goods and Services Tax (GST) regime, hoping for tax relief and financial stability. An additional duty, the Special Additional…