The Delhi High Court set aside GST demands on Oriental Insurance Company Limited, applying CBIC Circular No. 228/22/2024-GST that regularized reinsurance services for the period from 1 July 2017 to 24 ...
Starting November 1, businesses will benefit from a streamlined registration process. India is shifting to two primary GST slabs — 5% and 18% — with a higher 40% rate reserved for luxury and sin goods ...
Electricity demand will rise much faster than overall energy growth in the coming decades, underscoring the need for ...
The Indian Chamber of Commerce (ICC) hosted a special session in Kolkata on “GST 2.0: Impact & Way Forward”, focusing on the next phase of India’s indirect tax reforms.
They suggested that the Interest Equalisation Scheme (IES) be reintroduced. This, they said, would reduce the cost of credit ...
Businesses with monthly B2B output tax liability below ₹2.5 lakh can now benefit from instant approval within three days under the Simplified GST Registration Scheme starting November ...
The GST Council, comprising Centre and state finance ministers had in its September 3 meeting approved the simplified ...
From Saturday, small and low-risk businesses will be able to obtain GST registration within three working days under a new simplified scheme introduced by the GST department.
India’s Goods and Services Tax (GST) collections rose to Rs 1.95 lakh crore in October, marking a 4.6 per cent increase from a year ago. The steady growth in indirect tax revenues signals resilience ...
According to an official data released on Saturday, the GST collections in October last year was over 1.87 lakh crore.
Small businesses can get GST registration in 3 days starting Nov 1! Simplified scheme for low-risk applicants. Finance Minister announces help desks.
Wider consultations are expected in December, and these reforms are expected to ease compliances and inspection.