"gst"

Supreme Court verdict upholding States’ right to regulate taxes on industrial alcohol is a welcome step

State government's revenue receipts continue to fall short of its ambitious targets, raising concerns about its ability to manage mounting debts.

A hefty 18% GST on health insurance premiums is stifling, particularly when its life cover penetration is abysmally low

Cancer treatment can get expensive due to the long duration of treatment and the high cost of drugs, especially in cases where the drug needs to be imported as in the case of immunotherapy or targeted therapy.

Several jewellers in Hyderabad and Mumbai are allegedly trying to evade Goods Service Tax (GST) by ferrying gold and gold ornaments between Mumbai and Hyderabad without paying taxes.

The tax imposes an unfair burden on policyholders and runs contrary to the intent behind incentivising these policies

Raises concerns of Nagpur Division Life Insurance Corporation Employees Union, which had submitted to him a memorandum regarding issues of insurance industry

Weavers, who were already in crisis due to lack of orders from the State government, had pinned their hopes on getting GST exemption in this budget.

If the MSME entrepreneur flourishes, GST collections too will flourish

He also requested the Centre for exempting the extra neutral alcohol (ENA) from the purview of GST.

By selective presentation of figures, Sitharaman made a clumsy effort to paint a picture of contrast between UPA and NDA regimes

The protests from southern States must serve as a wake-up call for the Centre to correct the anomalies

This is the second-highest monthly collection ever and marks the third month in this financial year with a collection of Rs 1.70 lakh crore or more.

It is learnt that most of the States opposed the move in a meeting held to elicit their views recently. The States fear that they might lose out on receivable electricity duties if it was brought under the GST.

Both online food delivery platforms charge some money from customers in the name of delivery fees.

They have been identified as Ajay Kumar, a resident of Karnataka, Aman Kumar aka Rupesh, a resident Jharkhand, and Vishal aka Abhishek Singh from Bihar.

In September, the finance ministry had notified 31 benches of GSTAT, which will be set up in 28 states and 8 Union Territories.

The demand notice, issued by the Gurugram Zonal Unit of the Directorate General of GST Intelligence on October 16, states that if the company fails to pay the tax a show-cause notice would be issued

The objective should be to minimise revenue loss, thereby addressing the valid concerns of States as they relinquish a significant source of fiscal autonomy

One person who fraudulently claimed refund was arrested on October 11 and produced before the Court for Economic Offences here and remanded to judicial custody, an official release said