Income tax refund rules change from April 2026: Check these 2 important updates for Tax Year 2026-27Two significant changes to income tax refund rules are effective from April 1, 2026, impacting Tax Year 2026-27. The Finance Act 2026 clari...
29 Apr, 2026, 10.32 AM IST
New GST rates: Is the puzzle over popcorn, paranthas and paneer finally solved?New GST Rates: The GST Council has approved a new tax structure effective September 22, resolving long-standing confusions on food items. P...
04 Sep, 2025, 07.37 PM IST
Gift or not? The confusion over GST on promotional schemes run by businessesWhile the term ‘business’ has been defined under the Central Goods and Services Tax Act, 2017 (the CGST Act), there is no definite yardstic...
11 Jan, 2023, 10.16 AM IST
Confusion over GST on annuity from govt: Infra companies under taxman’s lensIndustry trackers said that some of the infrastructure and construction companies are already reeling under financial pressure. Some of the...
09 Jul, 2021, 07.58 AM IST
Independent directors' fees to attract GSTThe finance ministry clarified that employees, who are also on the board of companies, will not face GST if they were paid "salaries", acco...
11 Jun, 2020, 10.26 AM IST
Tax body seeks extension of GST return filing by four monthsTax payers and consultants are also required to keep in mind the hundreds of amendments and clarifications issued by the government since i...
19 Jun, 2019, 04.33 PM IST
PM asks consumer affairs ministry to pay special attention to GST complaintsThe directions were issued last week when the public grievances received by the ministry were reviewed by the PM and senior officials of th...
28 Nov, 2017, 01.01 AM IST
India, say hello to GST! Biggest-ever tax reform comes into effectGST replaces more than a dozen levies with a new tax. That should help reduce the immense power India’s myriad middlemen wield at state bor...
29 Sep, 2017, 01.30 PM IST
Confusion over branded food GSTIt decided to levy the 5 per cent GST if an item had a registered trademark as of May 15, 2017.
12 Sep, 2017, 05.00 PM IST
No clarity on GST over completed flatsThere is a general confusion over applicability of the tax, especially on projects where occupancy certificate is secured for part of the p...
07 Aug, 2017, 10.49 AM IST
No GST on traditional Rakhi; 5% tax on gold, silver rakhisThe finance ministry has said puja samagri, including holy red thread ‘kalava’, would attract nil GST. Thus, rakhi, which is in the form of...
04 Aug, 2017, 12.46 AM IST
India has increased seafood exports and there is no shortfall in shrimp exports: A Indra Kumar, CMD, Avanti Feeds"The duties were not increased by US, but every five years there is a review whether there should be an anti-dumping duty or not," said Kum...
18 Jul, 2017, 01.40 PM IST
Clarity on GST over aircraft imports soonApart from Air India, one aircraft each of IndiGo, Vistara and AirAsia India are stuck because of the confusion, as are planes of other air...
17 Jul, 2017, 12.12 AM IST
IIA sets up 20 GST helpdesks in 3 statesThe IIA has also created a knowledge bank on its website, where businessmen, traders and industrialists can go through different aspects of...
10 Jul, 2017, 04.45 PM IST
Mega GST confusion: Here are five issues that need more clarityTraders and shop-owners selling multiple products are concerned how they would maintain bill books due the variety of tax slabs.
29 Jun, 2017, 08.22 PM IST
Eateries to shut early on 30th to avoid midnight tryst with GSTRestaurants, which otherwise close at 1.30am, especially on Friday will either shut around 11.30 pm or take orders only till midnight.
27 Jun, 2017, 02.20 PM IST
BJP trying to create confusion on GST to hide government's economic failure: CongressSinghvi said that the GST Bill was delayed for seven long years due to "obduracy and obstinacy" of BJP while it was in opposition.
11 Aug, 2015, 10.13 PM IST