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Industry admits 18% GST, not tariffs, hands the informal sector its edge, as import-based revenue falls below 40%
Introduction Online Information and Database Access or Retrieval services, hereinafter referred to as “OIDAR services”, have been taxed in India when supplied by overseas providers...
Right after demonetization, another big thing that came to India was the implementation of GST (Goods and Services Tax). The sudden rise of the goods and service tax, despite getti...
India's GST collections soared past Rs 2 lakh crore in September, showcasing a commendable increase. Revenue from local transactions saw a growth of 10.1%, significantly boosting t...
In this column, Finance Minister Nirmala Sitharaman outlines the vision behind Next-Gen GST and explains how recent reforms are aimed at reducing tax burdens, simplifying complianc...
Introduction Online Information and Database Access or Retrieval services, referred to in this article as “OIDAR services”, are taxed under a special scheme in the Integrated Goods...
As per the data, Gross Goods and Services Tax (GST) collections have surged 14.8% year-on-year (YoY) to ₹1.99 lakh crore in August 2026. Domestic transactions GST revenue has surge...
New Delhi : Merchants would have to pay 18 per cent GST on the Merchant Discount Rate (MDR) charges for UPI payments above Rs 2,000, but can claim input tax credit (ITC), thereby e...
Under the proposed mechanism, data would be shared online through application programming interfaces (APIs) on requests from NATGRID user agencies
GST reforms, a wider taxpayer base and B2C e-invoicing to strengthen compliance and collections
GST 2.0: From Tax Collection to Taxpayer Convenience – Big Process Reforms on the Agenda Simpler registration, lower penalties, easier ITC and fewer notices could change the wa...
What Indian content creators owe on brand deals, barter and foreign payouts, with the numbers.Continue reading on Medium »
As per government sources, there will be an 18% GST charged on the merchant discount rate (MDR) levied on select UPI payments. The GST will be applicable only on the MDR or fee tha...
According to sources in the Finance Ministry, the proposal covers process reforms, structural reforms, ease of living and doing business, exports of services, and e-commerce
Schools that apply for fresh recognition or affiliation with the Uttar Pradesh Madhyamik Shiksha Parishad (UP Board) will now have to pay 18 percent GST on the applicable recogniti...
The GST Appellate Tribunal at Delhi has said that electronic gift vouchers (EGVs) can be a mode of passing on a GST rate reduction, where they furnish customers with a direct monet...
An Indian company paying for foreign software, cloud storage, or consulting services is now required to declare these transactions via the Goods and Services Tax (GST) system. This...
NEW DELHI: (Oct 4) The GST Council is likely to consider a proposal to withdraw Integrated GST (IGST) exemption on gold, silver and platinum imports by banks and nominated agenci...
The notifications and circulars on the relevant process reforms have already been approved by the legal department and are likely to be issued on Friday
Strong revenue growth, higher import collections and festive-season preparations have reinforced expectations of further changes at the upcoming GST Council meeting
नई दिल्ली: भारतीय अर्थव्यवस्था के लिए अगस्त 2026 के आंकड़े मजबूत तस्वीर पेश करते हैं। अगस्त में सकल जीएसटी संग्रह ₹1,99,853 करोड़ रहा, जो पिछले साल के अगस्त के ₹1,74,116 करोड़ के म...
Gujarat and Karnataka have managed to grow their GST collections faster. at 28 per cent and 23 per cent, respectively, compared to Maharashtra, Tamil Nadu and Uttar Pradesh, among...
The tax demand pertains to services provided by the bank to customers maintaining specified minimum balances in their accounts.
Ruling comes as Tata Advanced Systems assembles 40 aircraft in Vadodara under Airbus’ ₹21,935-crore contract with the Ministry of Defence.
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