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KARNATAKA GST DEPARTMENT
Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
Tax ruling can set off a game of thorns for gaming company directorsIndia's money gaming firms are worried about directors facing tax demands. A Supreme Court ruling upheld a 28% GST on bets. This could mean...
Adityanath calls for trader-friendly tax system, better services for honest taxpayersUttar Pradesh Chief Minister Yogi Adityanath has instructed the state tax department to boost revenue collection. He emphasised providing f...
Karnataka invites fresh applications under startup grant programKarnataka's IT/BT department has reopened applications for its Elevate startup support program, offering grants up to Rs 50 lakh. This year...
Simultaneous polls could save Rs 7 lakh crore: Joint parliamentary panel chiefHolding Lok Sabha and state assembly polls together could save India Rs 7 lakh crore. This significant saving can be channeled into develop...
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...
Karnataka: Small vegetable vendor receives GST notice of RS 29 lakhA vegetable seller in Karnataka received a hefty GST notice of Rs 29 lakh, despite dealing primarily in fresh, untaxed produce. This has fu...
Switching from UPI to cash won't help in avoiding tax notice if turnover crosses GST registration threshold; Here’s what Karnataka State GST department saidKarnataka tax department clarifies GST rules for vendors: The GST department is scrutinizing UPI transactions to identify unregistered trad...
Akzo Nobel India gets demand of over Rs 46 crore from state tax authoritiesAkzo Nobel India has received show cause notices from tax authorities in Karnataka and Uttar Pradesh, demanding over Rs 46 crore. The notic...
Zomato gets tax demand order of Rs 23 croreZomato to appeal Rs 23.26 crore tax demand from Karnataka for FY 2018-19, including GST of Rs 11,27,23,564. Confident in a strong case, Zom...
Fake ITC Claim of Rs 180 Crore: Karnataka’s GST authorities detect 100 bogus firms, arrest mastermindKarnataka's Commercial Taxes Department, in collaboration with Kerala State GST authorities, has arrested Mohammed Siddiq for his role as a...
Karnataka: Commercial tax dept raids coaching classes in VijayapuraThe Belagavi enforcement wing of Karnataka's Commercial tax department has conducted raids on coaching classes in Vijayapura district suspe...
Extend GST compensation period else Karnataka will become revenue deficit state: Congress MPKarnataka - which is expected to have a debt of over Rs 4 lakh crore at the end of this fiscal year - will become a revenue deficit state i...
Karnataka plans tweaks in its EV policy to offer best sops to investorsThe trigger for tweaks arose after EV policies of a few other states such as Andhra Pradesh, Telangana, Tamil Nadu, Haryana and Gujarat off...
Delay in release of GST compensation hits state schemesThe Centre is required to compensate states for any revenue loss they suffer due to switch to the GST regime.
GST Compensation: Karnataka Congress says Centre should borrow & fund states“The Centre has to compensate states for the GST shortfall as laid down in the laws. It cannot transfer its responsibility to the states,” ...
Pressure mounts on BS Yediyurappa to rework govt staff payThe chief minister or the Karnataka Cabinet is yet to take a call on reworking pay and compensation package of its employees in the face of...
In GST Council dominated by BJP ministers, moves afoot to get Minister Krishna Byre Gowda back on boardUS-educated Congress minister was an authoritative voice from the South on diverse tax issues.
Committed to ensure smooth rolling out of GST for ecommerce"Provisions related to ecommerce in the GST address the concerns of tax administration as well as ecommerce companies," says Krishna Byre G...
RERA, GST likely to make co-operative society sites costlier in Karnataka"The dream run of cooperative housing societies, which made hay during the property boom in Bengaluru and other major cities of Karnataka, ...