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AUGUST 2024 GST
Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- 8th Pay Commission calculator: How much arrears can Level 6-10 employees get at 2.0-2.86 fitment factorsThe 8th Pay Commission is consulting stakeholders before finalising its recommendations, while central government employees await clarity o...
- Byju gets jail term; SC backs 28% gaming GSTLegal troubles compounded for Byju Raveendran as a Singapore court sentenced him to six months in jail. This and more in today’s ETtech Top...
- EM is back, India is next: Why the 2025 underperformance is the perfect setup for a 2026 comebackEmerging Markets led global returns in 2025, but India lagged due to outflows and weaker earnings. With valuations correcting and domestic ...
- Apple CEO Tim Cook steps down; HCLTech Q4 reportAfter 15 years at the helm of Apple, Tim Cook will step down to make way for insider John Ternus. This and more in today's ETtech Top 5.
- GST collection for September rises 9.1% to Rs 1.89 lakh croreIndia's GST collections surged to Rs 1.89 lakh crore in September, marking a 9.1% annual increase. Concurrently, the GST Council rationaliz...
- Passenger vehicle dispatches dip 9% in Aug as companies curtail supplies amid low market demandPassenger vehicle dispatches in India experienced a 9% year-on-year decline in August, totaling 3,21,840 units, according to the Society of...
- Automakers report dip in vehicle dispatches in August as buyers await price cut in GST rejigMajor Indian automakers like Maruti Suzuki and Hyundai experienced a sales dip in August. Buyers postponed purchases anticipating GST rate ...
- GST portal won't work on August 2 and 3 during these times due to scheduled drillAttention GST taxpayers, the GST Common Portal will be unavailable on August 2nd and 3rd, 2025. This is due to a scheduled disaster recover...
- GST evasion of Rs 1.88 lakh cr detected by CGST officers during April-Dec 2024Over Rs 1.88 lakh crore in GST evasion was detected by Central GST officers between April and December 2024, with 132 arrests and Rs 20,128...
- India's September GST collection rises 6.5% YoY at Rs 1.73 lakh croreGST collections in India for September were Rs 1.73 lakh crore, which is lower than August's Rs 1.75 lakh crore. August saw a 10 per cent i...
- GSTN restores July, and August 2017 GST returns data: How long can you access GST return dataThe Goods and Services Tax Network (GSTN) announced in a recent advisory that the data on old GST returns will be temporarily restored on t...
- GSTN restores July, August 2017 GST returns dataThe GST Network restored the monthly returns data for July and August 2017 on its portal. This move follows requests from trade and industr...
- Top IT firms TCS, Infosys, TechM face flurry of GST noticesTax experts say unlike Income Tax, IT companies have to do their GST registration for every state where they have opened their offices and ...
- GST collection has shown buoyancy and remarkable growth: ExpertsIndia's GST revenue for August 2024 marked a yearly growth of 10%, despite a month-on-month decline from July. Experts highlight the overal...
- GST collections grow 10 per cent to Rs 1.75 lakh crore in AugustGST Collection August 2024: Goods and Services Tax (GST) collections in August saw a significant increase, totaling Rs 1,74,962 crore, whic...
- SBI hikes interest rates on these loans by 10 bps; check latest State Bank of India lending rates, FD interest ratesLatest SBI loan, FD rates: The marginal cost of funds-based lending rate (MCLR) for certain loan durations has been increased by the State ...
- Pan masala makers to pay Rs 1 lakh penalty from October 1 for failure to register machines with taxmenThe Central Board of Indirect Taxes and Customs (CBIC) on August 6 notified October 1, 2024, as the date for levy of up to Rs 1 lakh penalt...
- FinMin notifies Oct 1 date for implementing amended GST law provisions for e-gamingAccording to the changes to the Central GST Act, these supplies will henceforth be treated as "actionable claims" similar to lottery, betti...
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