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Groww investors make bank; Mobikwik, Fractal's Q4 profits surgeGroww delivered strong returns to early investors after the IPO lock-in expired. This and more in today's ETtech Top 5.- West Bengal tax body rejects Flipkart’s GST exemption model for delivery chargesFlipkart's bid to exempt delivery charges from GST by classifying itself as a Goods Transport Agency has been rejected by the West Bengal A...
- GST Council should consider lowering tax on household insecticides to 5 pc: EY-HICA reportA new report recommends lowering the Goods and Services Tax on household insecticides. The current 18 percent rate could be reduced to 5 pe...
- IPL teams appeal for tax rematch: 'Treat event as sport, not entertainment'Indian Premier League teams are asking the government to reclassify match tickets. They want IPL games treated as sports, not entertainment...
- India to end digital services tax, cut agri & industrial tariffs: USIn a major trade agreement with the United States, India is set to abolish its digital services tax, a significant step that could enhance ...
- National input cost reduction strategy to check inverted duty structureThe Economic Survey advocates for a national input cost reduction strategy to address the inverted duty structure, proposing a three-tier S...
- Merchandise exporters to pay 18% GST on shipping costs: GovtCurrently, the export freight rate charged by Indian shipping lines to Indian exporters is taxable while freight charged by foreign shippin...
- From April 1, e-invoice mandatory for firms with turnover of ₹20 Cr+From the next fiscal year, taxpayers must generate invoices on their internal systems or billing software and then report them online to th...
- GST officials seek directors’remuneration informationThe inquiries come on the heels of conflicting orders passed by the Authority of Advance Ruling in two states on the applicability of GST o...
- Brace for shocks on salary day while your company tries to fend off GST googliesMany types of reimbursements — home rentals, telephone charges, medical premiums, health check-ups, even the re-issue of i-cards — could fa...
- Even kirana shops will find it hard to evade taxes nowThere may be other ways to evade GST, such as by splitting transactions to stay below the Rs 20-lakh threshold for registration, but that m...
- Under GST, govt to stop exemptions graduallyThe GST Council-comprising state finance ministers and headed by FM Arun Jaitley-has agreed to four slabs of 5%, 12%, 18% and 28% and, cont...
- Friendly advance ruling mechanism to smoothen ride under GST regimeIndia is planning a shift toward a litigation-free environment under GST that would allow all taxpayers to ascertain liabilities beforehand.
- Prices of mobile phones are set to go upThe move has been undertaken in order to ‘provide adequate protection to domestic industry’, the government said, which will benefit local ...
- Govt to bring new scheme to boost electronics manufacturingThe revised policy likely to come within a week, is aimed to accelerate investments in the country and simplify the disbursement process fo...
- Model GST draft puts onus on buyerITC is the amount of tax paid by the buyer on purchases made by him for which the buyer is entitled to claim a credit against the sales sub...
- Budget 2015: Implementation of GST on April 2016, a reality or mirage?'Mr Jaitley kept making optimistic references to GST, and mentioned that it will play a transformative role in our economy. '
- Tedious TDS regime for service taxThe imminent introduction of the GST will make the idea of TDS on services look even more ridiculous.
- Special scheme for SSIs in works on way to GSTGovernment likely to end excise duty relief to SSIs as it readies for GST rollout.
- India not ready for negative list to tax servicesThe budget proposes to tax all services provided at port and airports.
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