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"gst"

  • India retail sector to add 2.5 cr new jobs by 2030: Report

    Retail 4.0 will result in a significant rise in the size of the domestic market, job creation and exports.
  • 21-yr-old held for cheating Hyderabad woman on pretext of marriage

    Hyderabad: A 21-year-old man from Uttar Pradesh was arrested by the Hyderabad Cybercrime police on Monday on charges of cheating a woman of Rs 10.69 lakh after promising to marry her. Mohd Hasim (21) of Bareilly in Uttar Pradesh had contacted the victim after seeing her profile on a matrimonial website. The man introduced himself […]
  • Bandh call given by CAIT, demands to ease GST filing

    It said protests will be held in over 1,500 locations across the counttry demanding streamlining the processes.
  • Centre releases Rs 1 lakh crore GST compensation to States since Oct

    The ministry on Friday released the 17th weekly instalment of Rs 5,000 crore to 23 states and 3 Union Territories
  • Cannot collect VAT in GST regime: Telangana HC

    A sum of Rs 11.9 lakh towards VAT, 1% of the GST, was retained by the authorities from the construction work done by the petitioner for the agriculture market committee at Cheriyal in Siddipet
  • Govt to consider bringing down GST on pesticides to 5%

    Along with fertilizers, pesticide is also an important agro input that helps in curbing pests and diseases on plants and plays a major role in increasing agricultural production.
  • ‘Union Budget 2021 was a missed opportunity to raise revenues from tobacco taxes’

    In India, about 3500 people die every day from tobacco use and the economic burden from tobacco use amounted to Rs. 1,77,341 crore in 2017-2018, making it 1 per cent of India’s gross domestic product (GDP), the VHAI statement said.
  • Concerns of telecom sector not addressed in Budget: COAI

    "We are a bit disappointed that concerns of the telecom sector, which is the backbone of digital India, remained unaddressed," S.P. Kochhar, Director General, COAI, said in a statement.
  • Union Budget: No relief for hospitality and tourism

    The hospitality segment has been among the worst hit sectors due to Covid and the occupancy rate with the hotels has fallen to around 25 per cent compared to the pre-covid times.
  • Modi plans to give assets to crony capitalist friends: Rahul Gandhi

    In a tweet after the Budget, he said, "Forget putting cash in the hands of people, Modi Govt plans to handover India's assets to his crony capitalist friends."
  • ‘Govt needs to incentivise vehicle conversion to clean fuels’

    The Indian Auto LPG Coalition has urged slashing of GST on conversion kits along with subsidy support to consumers shifting to environment-friendly fuels.
  • Get global experts to fix GST system: Montek Singh Ahluwalia

    Former Deputy Chairman of the Planning Commission of India was speaking in a virtual session on ‘The India story: How it was achieved and what to do now,’ organised by Manthan
  • Excise duty collection jumps 48 per cent

    Excise duty collection during April-November 2020, was at Rs 1,96,342 crore, up from Rs 1,32,899 crore mop-up during the same period in 2019,
  • Include natural gas under GST: Industry

    Natural gas is currently outside the ambit of GST, and existing legacy taxes -- central excise duty, state VAT, central sales tax -- continue to be applicable on the fuel
  • Three booked for GST evasion in Hyderabad

    The cases were booked for creating non-existent firms and issuing invoices without supplying goods and facilitating fraudulent availment of input tax credit by over 200 different firms and companies
  • Sensex hits 48,000 for the first time ever

    It has touched an all-time high of 48,168.22 points. Similarly, the Nifty50 on the National Stock Exchange touched a high of 14,114.15 points
  • 6.03 crore GST e-invoices generated in Dec 2020

    The government had made it mandatory for businesses with turnover of over Rs 500 crore to generate electronic invoice or e-invoice for B2B transactions, from October 1, 2020.
  • India GST rises 12 per cent to touch Rs 1.15 lakh crore

    Hyderabad: Telangana recorded a four per cent increase in GST Collections for December 2020 to Rs 3,543 crore compared to Rs 3,420 crore during the corresponding period last year. The Gross GST revenue collected across India during December 2020 stood at Rs 1,15,174 crore, which is 12 per cent higher than the GST revenues in […]
  • ICEA urges for GST and import duty cuts, PLI for laptops

    There is great interest in India with the global supply chain moving out of China, Mohindroo noted.
  • MSMEs not to be affected by mandatory 1 pc cash GST payment rule

    CBIC had last week amended rules to make it mandatory for businesses with monthly turnover of over Rs 50 lakh to pay at least 1 per cent of their GST liability in cash.
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