Google, Facebook, Edtech companies may have to pay up to 18% IGSTAs per a notification issued by the Central Board of Indirect Taxes and Customs these services will no longer be exempted from integrated g...
28 Sep, 2023, 12.22 AM IST
Income from ad revenue sharing by X liable to GST, if it exceeds threshold: ExpertsIn recent times, X (formerly Twitter) has started advertisement revenue sharing for its X Premium subscribers or verified organisations. Th...
13 Aug, 2023, 02.06 PM IST
Income-tax department 'following' influencers, notices to 15The income-tax department has sent notices to 15 such influencers, who had flaunted their overseas holidays and luxury shopping, for paying...
29 Jun, 2023, 12.17 AM IST
GST officers detect tax evasion by offshore entities providing online betting, gamblingThese online betting and gambling apps are available on Google Play Store for android phone users and App Store for iOS users and can be fr...
24 Apr, 2023, 06.57 PM IST
GST on digital services: Budget 2023-24 broadens scope of OIDARThe levy of tax on Online information and Database Access Service (OIDAR) was introduced in India in 2001 under the erstwhile service tax r...
08 Feb, 2023, 11.26 AM IST
Taxman seeks info from foreign online gaming companiesIndian tax authorities have approached half a dozen online gaming firms in Malta, the UK and Gibraltar to gather information on the number ...
26 Dec, 2022, 07.54 AM IST
Tax authorities alert foreign tech firms of GST to avert nasty surprisesAn email, in the nature of an information flyer, is being sent to these offshore business-to-customer (B2C) entities by the Bangalore nodal...
21 Apr, 2022, 06.00 AM IST
Online gaming: Wait for GoM's decision, High Court tells GST authoritiesAccording to a recent AAR ruling, online games are classifiable under online information and data-based access or retrieval services or OID...
01 Oct, 2021, 02.55 PM IST
Evolution of indirect tax regime for e-commerce businesses & the futureThe e-commerce market contributed to about 0.76% of India's GDP in 2017 and is expected to grow to 2.5% by 2030.
30 Aug, 2021, 02.29 PM IST
Overseas crypto exchanges may face 18% additional GST in IndiaOverseas cryptocurrency exchanges that have a customer base in India may have to pay additional tax in the form of goods and services tax (...
02 Jul, 2021, 06.01 AM IST
GST Council constitutes GoM to look into online gaming, race courses, casinosThe Council has set four-point terms of reference for the GoM which will include examining the taxability of certain transactions in casino...
25 May, 2021, 06.33 PM IST
SC seeks government response on plea to plug loopholes in GST systemThe petition was argued by senior advocate Sonia Mathur in the top court on Wednesday. A three-judge bench led by CJI SA Bobde dubbed it a ...
18 Mar, 2021, 07.32 AM IST
CBIC exempts banks, financial institutions, exports from dynamic QR Code on e-invoicesDynamic QR code for B2C transactions is meant to encourage digital payments by the buyers but can potentially be used to check tax leakages...
24 Feb, 2021, 04.04 PM IST
View: The spread of digital economy also poses challenges for taxation of consumption arising within bordersIndia is one of the 10 economies showing most notable improvement in ‘Doing Business 2020’. Its rank also jumped 12 places in the ‘trading ...
03 Dec, 2020, 08.58 AM IST
Step-by-step guide to GST registration through Aadhaar authenticationAadhaar authentication facility for new taxpayers has been rolled out from August 21, 2020.
24 Aug, 2020, 04.17 PM IST
Aadhaar authentication for new GST registration is active from August 21: OfficialFor those opting for Aadhaar authentication, new GST registration will be issued within three working days and would not need to wait for p...
23 Aug, 2020, 08.03 PM IST
Fringe benefits availed by employees liable to GSTThe fringe benefits are transactions in furtherance of business. "Even if supplied without consideration, the same are deemed supply" and w...
28 Aug, 2017, 03.18 PM IST