Amazon India hikes seller commissions across categories, increases refund fees
New Delhi: Amazon India has hiked the commissions on several categories on the platform, including beauty and personal care, baby ...
Tag: GST
Centre, state tax officers launch special drive to identify fake GST registration, curb evasion
New Delhi: With GST evasion crossing over Rs 1 lakh crore in 2022-23, Centre and state tax officers have initiated ...
GST collection hits all-time high of Rs 1.87 trillion in April
New Delhi: India’s goods and services tax (GST) collection in April rose 12 per cent year-on-year to hit an all-time ...
Relief For Middle Class in Budget? Possibility of Income Tax Rate Reduction
The Central government is reportedly considering lowering rates under its voluntary income tax framework and could introduce revised slabs in ...
Tech Sector Outlines Myriad Expectations from the Union Budget
By Rajneesh De, APAC News Network The IT sector in India spans across an entire gamut of different domains and ...
Banks promoting RuPay card and UPI will not attract GST on incentives
The Finance Ministry said that incentives paid by the government to banks for promoting RuPay debit cards and low-value BHIM-UPI ...
Government tweaks GST rules for claiming input tax credit
GST taxpayers will be required to reverse by November 30 the input tax credit (ITC) claimed in the last fiscal ...
Centre releases Rs. 17,000 crore of GST compensation to States/UTs
The Central Government released an amount of Rs. 17,000 crore to States/UTs on 24.11.2022 towards the balance GST compensation for ...
Government to permit GST offences up to Rs 5 Cr
New Delhi: The government is working on a proposal to regulate certain offences under the goods and services tax (GST) ...
Government to mandate GST e-invoicing for companies with Rs 5-cr turnover
The Centre is reportedly considering making GST e-invoicing compulsory for entities with a turnover of Rs 5 crore from this financial year. ...
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