By: AdminDate: August 13, 2024Categories: GST Recent NewsReading Time: 4 Min The 54th GST Council meeting is expected to take place on September 8-9, 2024, as per sources with direct…
GST Refund Scam: Gujarat Businessman Arrested, Received ₹39.1 Crore
By: Admin| August 10, 2024 |Categories: GST Recent News The Anti-Corruption Bureau (ACB) is investigating a major scam involving GST refunds of Rs 175 crores. This case has revealed a…
Assam Cabinet Approves Solutions for Small Traders’ GST Issues Within Three Months
By: Admin| August 10, 2024 |Categories: State GST Notification and Circular Background: Challenges Faced by Small Traders Small traders in Assam face significant GST compliance issues. Since GST's implementation, traders…
Health and Life Insurance Premiums: GST Reduction Expected, Says Report
By: Admin|August 09, 2024|Categories: GST Recent News What You Need to Know On August 8, CNBC-Awaaz reported that the Goods and Services Tax (GST) on health and life insurance premiums…
Debate Ignites Over Gadkari’s GST Letter to Nirmala Sitharaman: Insurance Tax and Rate Rationalization
By: Admin|August 06, 2024|Categories: GST Recent News Nitin Gadkari, India’s Union Minister for Road Transport and Highways, has recently ignited a fresh debate regarding the Goods and Services Tax (GST)…
GST Council Considers Revamping Tax Regime and Phasing Out Compensation Cess
By: Admin|August 06, 2024|Categories: GST Recent News The upcoming GST Council meeting, scheduled for later this month, is poised to address significant changes in the Goods and Services Tax (GST)…
Government’s Commitment to Fairness and Simplicity in the Tax System, Says Revenue Secretary
By: Admin|August 05, 2024|Categories: Income Tax News|News On Saturday, Revenue Secretary Sanjay Malhotra reaffirmed the government’s commitment to establishing a fair, simple, and equitable tax system. During a post-budget interactive…
Revenue Secretary: 70% of 6 Crore FY24 ITRs Filed Under New Tax Regime
By: Admin|July 31, 2024|Categories: Income Tax News|News Introduction In a significant development for taxpayers in India, approximately 6 crore income tax returns (ITRs) were filed for the fiscal year 2023-24.…
GST Reduction Benefits for Common Man: Expansion to All Sectors Soon
By: AdminJuly 24, 2024Categories: GST Recent News4 Min Read Understanding GST: Impact, Benefits, and Future Expansion Introduction to Goods and Services Tax (GST) Introduced in India on July 1, 2017,…
CBIC Chairman: Three-slab GST a Strong Possibility
By: AdminJuly 25, 2024Categories: GST Recent News Reconstituted Group of Ministers (GoM) is currently engaged in a comprehensive review of the Goods and Services Tax (GST) structure in India. Central…