With an estimated 48 lakh weddings taking place nationwide in November and December 2024, merchants and retailers across the country are preparing for an unprecedented surge in demand for wedding-related goods and services.
Union Minister for Petroleum and Natural Gas Hardeep Singh Puri on Friday called to build consensus over bringing petrol, diesel under the Goods and Services Tax.
Net Foreign Direct Investment (FDI) inflows to India rose by 52.4 per cent during the first four months of FY25, supported by a surge in gross FDI inflows. Gross FDI inflows increased by 23.7 per cent, from USD 22.4 billion during the first four months of FY24 to USD 27.7 billion in the corr
A public interest litigation has been moved in the Supreme Court seeking direction to the the Centre to complete the process of appointment of judicial and technical members and identify premises for running of benches, develop website, allocating budget and operationalise the GST Appellate
"We have told them that they will look into this matter and come up with a report by the end of October 2024. The #GST Council which will meet in November, will finalise based on this report which will come from the GoM," she added.
Delhi Minister Atishi on Sunday said that the central government would table a proposal to tax any online payments below Rs 2,000 done through payment gateways at 18 per cent, at the GST Council meeting scheduled for Monday.
On the occasion of Teacher's Day, Alakh Pandey, founder and CEO of Physics Wallah, urged the government to reduce the Goods and Services Tax (GST) on the education sector and called for edtech companies to operate as non-profit organizations.
Goods and Services Tax (GST) collections in August, in gross terms, were at Rs 1.74 lakh crore, with a yearly jump of 10 per cent, data showed on Sunday.
The Cabinet also approved a proposal to set the Annual License Fee (ALF) for FM channels at 4 per cent of Gross Revenue, excluding Goods and Services Tax (GST). This will apply to the 234 new cities and towns.
Chile has an estimated USD 2,847 billion worth of trade in 2023. Last year, India ranked 16th as a destination for Chile's non-copper and non-lithium exports, with USD 560 million in exports of goods and services out of which 30 per cent related to foods.