Tag: tax
GST NEWS
Taxman To Go After Illegal Miners To Check GST Evasion
The Central Board of Indirect Taxes and Customs plans to verify whether the export, purchase or sale of illegally mined minerals evaded payment of...
GST NEWS
Reduction in GST from 18% to 5% Will Save Rs 113 crore of Haj Pilgrims
Union Minister for Minority Affairs Shri Mukhtar Abbas Naqvi, stated that more than 2300 Muslim women from India will go on Haj 2019 without Mehram (male companion) for the first time after Independence.2340 Muslim women...
GST NEWS
Govt forms ministerial panel to resolve GST issues plaguing lottery business
The government has constituted an eight-member ministerial panel to study and resolve issues that are hurting the lottery business in the country as a...
GST NEWS
India defers decision on lottery GST
India’s GST Council refrained from deciding on whether to lower the 28% goods and services tax (GST) on lotteries in its recent meeting.
The council...
GST NEWS
9 Facts to Know about the New GST Limit of Rs40 lakh
The GST council announced the new limit for registration under GST to be Rs 40 lakh at its 32nd meeting last week. This decision...
GST NEWS
List of taxes that every Indian pays: From GST to Income Tax
India's GDP (gross domestic product) growth rate is 7.2 per cent in 2018-19 while it was 6.7 per cent in the previous fiscal due...
GST NEWS
What easing GST compliance norms mean for credit ratings of SMEs
Tax experts say that allowing composition dealers to file one annual return with a simple declaration, instead of every quarter,along with increased threshold for...
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