Introducing massive change for business on aggregate across India, the GST Council is all set to talk about the expansion of e-invoicing norms to business-to-consumer (B2C) sales in the GST Council meeting on Monday.
Union Finance Minister Nirmala Sitharaman has dismissed claims of "friction" between the Centre and states over Goods and Services Tax (GST), emphasizing the importance of respecting India's federal structure in economic reforms.
The recent changes to GST return filing rules, as per Notification No. 12/2024 – Central Tax, dated July 10, 2024, are set to simplify the tax filing process for businesses and enhance transparency.
The 54th meeting of the GST Council is set for September 9, 2024, in New Delhi, with a comprehensive agenda that includes updates from two key Groups of Ministers (GoM).
Advisory for Biometric-Based Aadhaar Authentication and Document Verification for GST Registration Applicants of Bihar, Delhi, Karnataka and Punjab
Ahead of the GST Council meeting on September 9, Union Finance Minister Nirmala Sitharaman emphasized that the current GST rate of 12.2% is significantly lower than the revenue neutral rate (RNR) of 15.3%.
The GSTN has added banks for acceptance of GST payments and among them Bandhan Bank Limited and IDFC First Bank Limited. By this addition, the cumulative of the banks which are connected to the GST portal now stands at 29; this makes it easier for ta
The 54th GST Council meeting is set for September 9 in New Delhi, with a packed agenda addressing key issues across multiple industries.
In a recent verdict, the GST Fitment Committee including the state as well as the central revenue officers said 'no' to the request made by the EV industry to remove 18% GST on charging services across public stations.
According to a recent report, Virat Kohli leads the pack as the highest tax-paying Indian sportsperson for the financial year 2023-24, contributing a staggering Rs 66 crore to the government.
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
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