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TAX COMPLIANCE IN RESTAURANTS
Restaurants face income tax scrutiny as suspected tax evasion tops Rs 25,000 croreThe income tax department in India has identified significant tax evasion by thousands of restaurants. Approximately 8,000 restaurants show...
GST winners 2026: No rate cuts, but small businesses, exporters and taxpayers have plenty to gain. Here's howGST Reform Winners 2026: The GST Council has greenlit key reforms intended to simplify compliance for businesses across the board. Small bu...
GST relief on cards for ecomm sellers; AceVector's weak debutThe GST Council is expected to consider easing compliance for small ecommerce sellers. This and more in today’s ETtech Top 5.
ET Business Excellence & Leadership Summit 2026: Celebrating visionaries redefining growth & leadershipThe ET Business Excellence & Leadership Summit 2026 brought together leaders to discuss brand development, innovation, and sustainability. ...
India’s street food paradox: Cleaner cities, but where do vendors go?Street-food vendors in India are facing tighter enforcement as cities reclaim pavements and push for cleaner public spaces. But without des...
Connaught Place restaurant charged Rs 80 extra as service fee without asking; GST was added on that charge too; CCPA orders it to pay Rs 10,000CCPA fined a restaurant in Connaught Place Rs 10,000 for automatically adding an Rs 80 service charge to a customer's food bill and applyin...
Infra.Market’s backdoor listing; Honasa posts record profitInfra.Market is set to enter the public markets through a reverse merger with Shalimar Paints. This and more in today's ETtech Top 5.
Restaurants body writes to govt for rationalisation of GST ratesThe National Restaurants Association of India asks the government to rethink GST rates. Restaurants face high costs from rent, aggregator c...
Restaurants' body seeks restoration of input tax credit, higher GST rate of 12 pcThe National Restaurant Association of India (NRAI) has called for the government to restore input tax credit to restaurants and increase t...
Zomato, Swiggy to pay GST on restaurants' behalf. Will your online food ordering bill rise?At present, restaurants charge 5% GST without input tax credit, on the supply of services including supply of food and beverages. Meanwhile...
Council to review food aggregator's GST woesThe aggregators are unable to show tax collected at source (TCS) from restaurants using their platform.
Restaurants body files plaint against eateriesThe letter states that there are “various” rules which have to be in compliance to commercially operate a restaurant such as the FSSAI food...
5 things consumers and businesses can expect from GST Council's meet todayHigh rate of tax on certain goods and services of mass use and complexity of compliance have made businesses, especially small traders, res...
Eating out may get cheaper as government plans flat 12% GST on all restaurantsAC restaurants currently charge 18% GST and non-AC ones charge 12%. Unifying the rate may mean giving up the ability to claim back taxes pa...
Panel to review GST for restaurantsUnder GST, businesses get a credit for taxes paid by their suppliers, which does away with the cascading effect of multiple layers of taxat...
Three months on, GST now good for small tradersJaitley said a number of representations had been received and the council had decided to give relief to small and medium enterprises (SMEs...
A revamped GST without its glitches may take shape todayRoadblocks encountered so far will be on the agenda of the GST Council as part of efforts to address the grievances of small industries, tr...
Restaurants and fast-food joints could make you pay for 12% GST burdenA large number of fast-food joints, which are unclear which way their annual turnover will swing, may choose to collect 12%.
Common man may find 12% GST rate on food items a bit hard to digestThe GST rate for AC restaurants with bar license is fixed at 18%, but there is no clarity on how much tax AC restaurants without the bars h...
Come July, your favourite fast food or snack may become too costly for youHotels and fast-food joints are staring at an uncertain tax regime post July 1 as GST will cap composition benefits at Rs 50 lakh of annual...