GST dept issues tax demand of Rs 124 crore to Spicejet, slaps showcause notice for delay in return filingThe GST department has levied a significant tax demand of Rs 124.65 crore on SpiceJet. This action follows the airline's failure to file Go...
29 May, 2026, 11.27 PM IST
SC verdict on GST leaves real-money gaming firms staring at a Rs 92,000-crore questionWednesday’s ruling, backing tax demands on past transactions, could have major financial implications for the sector. A lawyer representing...
28 May, 2026, 11.09 AM IST
Automakers' joy ride hits a big cost hurdleRising input costs and freight charges, driven by the West Asia crisis, are pressuring automakers to increase vehicle prices. This surge in...
20 May, 2026, 12.14 AM IST
SC reviews GST on costs paid to municipal bodiesThe Supreme Court will review if GST applies to companies paying municipal bodies for road restoration after utility work. This follows a G...
08 May, 2026, 12.58 AM IST
Atomic impact: Nuclear-powered AI infrastructure could be India’s geopolitical moatIndia's nuclear advancements, including the Kalpakkam PFBR and plans for small modular reactors, are set to power its ambition to become a ...
21 Apr, 2026, 06.00 AM IST
Has the GSTR-3B return filing due date for the March 2026 tax period been extended?Tax professionals are struggling to file GSTR-3B for March 2026. The GST portal is experiencing significant slowdowns, preventing logins an...
21 Apr, 2026, 12.26 AM IST
New GST amnesty scheme notified: Waiver of interest and penalty on GST tax demand for eligible taxpayers to be effective from November 1, 2024Waiver of GST tax demand interest and penalty: The Ministry of Finance has notified the rules and conditions to follow if you need to use 1...
26 Mar, 2025, 12.18 PM IST
GST tax demand not settled despite payment? New online form notified to help taxpayers adjust tax demand amount; here's how to do itGST: New GST form DRC-03A enabled on the GST portal. This form will help you adjust tax demand already paid with a specific tax demand orde...
07 Nov, 2024, 02.19 PM IST
GST, tax reforms will boost growth, equity in insurance sectorThe insurance industry in India is gearing up for the Union Budget with expectations for tax reforms, universal health schemes, and social ...
15 Jul, 2024, 01.34 PM IST
Raise GST exemption threshold to Rs 1.5 cr, do away with state-wise registration of biz: GTRIThe reduced load-on system will allow the GSTN to introduce an invoice-matching concept, resulting in 100 per cent compliance and solving t...
17 Feb, 2023, 04.20 PM IST
Two members of the RBI's rate-setting panel flag GST hike as upside risk to inflationExternal members of the Monetary Policy Committee, Ashima Goyal and Shashanka Bhide, underlined the recent hike in GST tax on some of the c...
20 Aug, 2022, 02.15 PM IST
Notices to firms after mismatch in GST tax creditsThe GST framework allows companies to set off part of their future tax liability against GST paid by them on the raw materials sourced from...
12 Nov, 2021, 07.23 AM IST
GST, excise, service tax evasion of Rs 48,555 crore detected during Apr-Dec 2018Of this, investigation in 3,626 cases of GST evasion/violations was initiated till December in the current financial year by Central GST (C...
08 Jan, 2019, 08.09 PM IST
Now, only 35 goods in highest tax bracket of GSTThere were around 226 goods in the 28 per cent category when Goods and Services Tax (GST) was implemented on July 1, 2017.
22 Jul, 2018, 03.49 PM IST
GST can help households save nearly Rs 5,000 in a yearWhile price of daily-use food items like vegetable, fruits, milk, rice, flour, and pulses will remain unchanged under the GST, that of pack...
26 Jun, 2017, 01.01 PM IST
GST Council to meet tomorrow to finalise rules for new tax regimeThe Lok Sabha yesterday cleared four supplementary GST legislations -- Central GST (CGST), Integrated GST (IGST), Union Territory GST (UTGS...
30 Mar, 2017, 07.36 PM IST
GST tax rate: How D-Street looks at the fineprintsWhile some marketmen showed hopes that the GST implementation would be a reality by September next year, other showed faith in April implem...
04 Nov, 2016, 02.43 PM IST