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.
The central government has notified the amendments in GST legislation passed by the Lok Sabha in August so as to impose a 28 per cent tax on online gaming, casinos, and horse racing. The amendments will come into effect as was earlier announced -- from October 1.
Maruti Suzuki India has said that it has received a show cause notice from the GST Authority proposing to demand interest and impose penalty, besides appropriating tax already paid, amounting to Rs 1,393 million “in matter of tax liability under reverse charge basis on certain services”.
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).
New Delhi [India], September 22: In a significant milestone for GSS Training Centre in Kochi, India, the institution has achieved accreditation from CompEx (Competency Ex Scheme), the internationally recognized scheme for validating the competency of personnel working in potentially explosiv
Bengaluru (Karnataka) [India], September 18: Entera Global, a pioneering provider of AI-driven software solutions for accountants, is thrilled to announce its seamless integration with TallyPrime 3.0, a transformative version of Tally's renowned accounting software. This integration marks a
Emirates Water and Electricity Company (EWEC) today invited developers and developer consortiums to submit an Expression of Interest (EOI) for the development of a new Khazna Solar Photovoltaic (PV) Independent Power Project (IPP) in Abu Dhabi by the deadline of 2nd October 2023, at 12:00 no
Gowd Saraswat Brahaman (GSB) Seva Mandal, ahead of Ganesh Chathurthi, installed an idol of Lord Ganesh adorned with 69 kg of gold and 336 kg of silver in Mumbai on Monday.