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GST MERCHANT
Indian April gold imports fall to near 30-year low as tax demand hits shipmentsIndia’s gold imports in April are set to fall to around 15 metric tons, a near 30-year low, as banks halted shipments following a 3% IGST d...
Looking for cashback and rewards? These 5 credit cards suit frequent buyersRegular shoppers can significantly boost savings with the right credit card, earning cashback, reward points, and discounts on various plat...
Struggling with a big credit card bill? Converting to EMIs may help but read the fine print firstConverting large credit card bills to EMIs offers immediate relief by breaking down payments, but comes with significant costs beyond state...
Gaming transactions involving Fino Bank may face ED probeInvestigators found many cases of funds routed through multiple accounts or entities to obscure their origin, necessitating a deeper scruti...
Fino Bank MD and CEO Rishi Gupta arrested under GST provisionsFino Payments Bank MD Rishi Gupta was arrested by DGGI Hyderabad in a probe concerning business partners under GST tax provisions. The bank...
GST notice: CM resolves crisis; offers to forego tax arrears if merchants get GST registrationSatisfied with the assurance, various associations of small traders called off a statewide bandh planned for July 25. The CM told the offic...
Unexpected taxes: Are small merchants in India rejecting UPI due to GST overreach?Small merchants in India are rejecting UPI payments. They prefer cash due to GST concerns. The govt uses UPI data to levy GST. Merchants fe...
No GST on UPI transactions over Rs 2,000, clarifies govt; terms rumors as baselessThe Indian government has refuted rumors about imposing GST on UPI transactions exceeding Rs 2,000, dismissing the claims as baseless and m...
Gateways seek GST waiver on low-value commissionsPayment gateway operators are urging the finance ministry to reconsider an 18% GST levy on commissions from small-value digital transaction...
Payments companies BillDesk, CCAvenue handed GST bill for transactions below Rs 2,000More than 80% of the total digital payments in India are of less than Rs 2,000 in value. The payments aggregators have not been charging ta...
GST sleuths tracking merchants skipping tax via digital paymentsThe rapid growth of digital payments prompted increased scrutiny of online merchants by the DGGI due to rising tax evasion cases and GST fr...
Textile industry goes on strike over GSTThe strike was to protest against the increase in GST (goods and services tax) from 5 per cent to 12 per cent. President of Erode Cloth Mer...
GST Council meet on Friday, may announce new measures to boost digital payments, cut tax ratesApart from giving another push to digital payments, the GST Council today could cut GST on some items from the top 28% rate.
No double taxation on credit card payments: GovernmentBankers said that in the financial sector the only impact of the imposition of GST was three percentage point increase in tax.
Gujarat cloth markets shut on day 2 of stir against GSTCloth markets in major Gujarat cities, including Surat, Ahmedabad, Bhavnagar and Rajkot, remained shut in protest against five per cent GST...
70% merchants at Paytm Mall are GST compliantPaytm Mall has mandated GST compliance for its merchants ahead of rollout
Paytm, 1mg offer discounts ahead of GSTAll e-commerce companies have been engaging with the merchants on their platforms to ensure a smooth transition to the new taxation system.