Ahead of the 52nd Goods and Services Tax (GST) Council meeting on Saturday, Delhi Finance Minister Atishi criticised the Centre over the imposition of 28 per cent tax on online gaming industry, adding that the Coucil should consider withdrawing the tax evasion notices on companies in the
Union Finance Minister Nirmala Sitharaman with preside over the 52nd Goods and Services Tax (GST) Council meeting at the Sushma Swaraj Bhawan in New Delhi on Saturday.
It is the fourth time that the gross GST collection has crossed the Rs 1.60 lakh crore mark in the financial year 2023-24. Notably, in April, the gross GST collection was at an all-time high of Rs 187,035 crore.
CBIC Chairman Sanjay Agarwal said, “We are ready to implement 28 per cent GST rate on online gaming from October 1 with the consent of all the states. The law for the GST rate on online gaming will have to be passed by the assembly of states. Show cause notices to some online gaming companie
In her address at the Pratidin Conclave, Sitharaman shed light on the substantial advantages that the northeastern states of India have reaped from the implementation of the Goods and Services Tax (GST).
Hours after saying he was of the view that an additional GST must be imposed on the sale of diesel cars, Union Transport and Highways Minister Nitin Gadkari clarified that no such proposal currently under active consideration by the central government.
Union Transport and Highways Minister Nitin Gadkari has proposed a 10 per cent hike in diesel cars, in a bid to discourage pollution-creating vehicles.
Procurement of goods and services from government portal GeM will cross Rs 3 lakh crore this financial year ending on March 31, 2024, said Chief Executive Officer of Government e-Marketplace (GeM) PK Singh in a media briefing.
Total revenues included AED63.5 billion of tax revenues, AED3.9 billion of revenues from social contributions, and AED48.2 billion of other revenues from property income, sales of goods and services, fines and penalties, and transfers not elsewhere classified
Prime Minister Narendra Modi's recent visit to the United States shows India’s significance as a rising global power, where he addressed Congress, met with high-profile business leaders and dined at the White House, reported Capital Group.