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GOODS AND SERVICES TAX ON DRY FRUITS
Diwali gifting gets pricier as pistachio, almond rates surge on US-Iran war, higher freight and weak rupeePrices for nuts and dry fruits have increased significantly this festive season due to supply issues. Sourcing challenges from key supplier...
Gold imports by nominated agencies may come under GST as Council weighs tax parityThe GST Council is set to meet on October 8, focusing on whether government agencies should be brought under the GST regime. As it stands, ...
Single-window GST registration for multistate businesses set for pilot this weekIn a significant move, the central government is set to implement a consolidated goods and services tax registration system for businesses ...
GST shake-up: Council may rejig tax officers' panelsThe GST Council is likely to recast its tax officers' committees to make them leaner as the system matures. It is proposed to reduce the cu...
Navratri Vrat Food List 2026: What Can You Eat? Kuttu, Singhara, Sendha Namak Rules & Puja Samagri ChecklistSharad Navratri 2026 begins on October 11 and continues through October 19, with Vijayadashami on October 20. For devotees observing a vrat...
GST enforcement may shift from 'arrest' to 'detect, recover and prosecute serious frauds'The GST Council is likely to consider major enforcement reforms on October 7 that could remove GST officers’ power to directly arrest alleg...
GST Council may scrap arrest provisions, fast-track refunds with 90% automatic payoutThe upcoming 57th GST Council meeting on October 7 is set to unveil transformative proposals that could reshape GST regulations. Key sugges...
GST 2.0: Council to consider sweeping reforms to unlock tax credit, ease complianceIndia is set to implement significant reforms to the goods and services tax system, which will ease compliance. Changes may include the rel...
Grain trader deposited Rs 5.2 crore cash in bank, filed ITR declaring Rs 7.65 lakh income, got unexplained deposit income tax notice; won case in ITAT Delhi for this reasonWhen Mr Kumar, a grain trader from Rampur deposited Rs 5.2 crore cash in his bank account and filed an Income Tax Return (ITR) declaring Rs...
Ease of biz relief in store for small ecomm sellersThe Goods and Services Tax Council meeting is set to discuss proposals benefitting small ecommerce sellers. If approved, these sellers coul...
Dirty shoe rack? Try these simple and affordable home cleaning tricks to remove dust, mud stains and bad odourMaintaining a clean shoe rack is vital for a hygienic home environment and helps to prevent annoying odours and unsightly stains. Start by ...
G20 ministers discuss curbing impact of govt-backed excess manufacturing capacities: Piyush GoyalG20 trade ministers focused on preventing unfair manufacturing practices caused by government-supported large production capacities. Discus...
Kate Middleton, Princess of Wales, loves washing dishes, while Prince William does the drying; continues Queen Elizabeth’s unexpected household traditionWhile attending a community lunch club, Kate Middleton openly shared her love for washing dishes, sharing a glimpse of family life at home....
ICICI Bank receives Rs 229 crore GST demand over minimum balance servicesICICI Bank has received a show cause notice from GST authorities regarding a ₹229.14 crore demand. This demand pertains to services provide...
India's Gross GST collection ticks up 14.7% in September to Rs 2.04 lakh croreThe Indian government reported a 14.7% increase in GST collections for September 2023 compared to last year. Maharashtra topped the states ...
GST 2.0 revived demand. Now industry wants its tax credit unstuckThe GST Council is set to reconvene after a year to focus on reforming the input tax credit system. Recent surveys by KPMG and Deloitte hig...
US bans select Canadian products: Full list of alcohol, dairy, and motorcycle imports affectedNew US import restrictions on Canadian goods came into effect on September 29. The measures target selected alcoholic beverages, whey and o...
Bought peaches that are still hard? Put them in a paper bag to speed up ripening instead of refrigerating themMany store-bought peaches can seem ripe at first glance, yet they might still be quite firm inside. To help them ripen, simply keep them at...
Hyderabad: ITC fraud of Rs 32.28 cr unearthed, company director heldThe CGST Secunderabad uncovered a fraudulent Input Tax Credit case involving a significant amount of Rs 32.28 crore. A company director was...
Not your ordinary vegetable: Study reveals 7 incredible facts about lauki that may make you think twice before ignoring itBottle gourd, or lauki, may be an everyday vegetable, but its history and uses are far more fascinating than they seem. From being used as ...