LIC Shares Surge 5% on Filing Appeal with GST Appellate Authority
Shares of Life Insurance Corporation of India (LIC) surged 5% on 29 November after the company announced filing for an appeal with the Goods and...
Tag : GST
GST GoM to Meet to Discuss Rates for Food, Textiles, Footwear
The Group of Ministers (GoM) responsible for streamlining the structure of the goods and services tax (GST) will convene on 20 October to discuss ideas...
Differentiate Direct Tax & Indirect Tax in India with Example and List
Introduction People residing in a country have to necessarily pay the taxes to the government of that country. Taxes come in different forms. Whether you...
Jet Fuel Prices Dropped for the Second Consecutive Month in October
On October 1, oil companies lowered the prices of aviation turbine fuel (ATF) for the second month, cutting them by almost Rs 6,000 per kilolitre....
DGGI Detected Rs 2.01 Lakh Crore in GST Evasion During FY 2023-24
The Directorate General of GST Intelligence (DGGI) has uncovered a record number of tax evasion cases for the first time, with approximately 6,084 cases involving...
Changes in GST Return Filing: New thresholds and liability rules effective from September 2024
Starting this September, taxpayers in India may need to change how they file their GST returns because of upcoming changes that could affect how they...
Zomato Receives Rs 4.59 Crore Tax Demand Notices
Zomato received taxes exceeding Rs 4.59 crore, including interest and penalties on GST tax liability, from authorities in Tamil Nadu and West Bengal. They are...
GST Collections Surged By 10.3% at Rs 1.82 lakh Crore in July 2024
According to the data released on August 1, India’s goods and services tax (GST) revenue increased by 10.3% to reach a three-month high of Rs...
Infosys Faces Rs 32,403 Crore GST Demand; Shares Remain Flat
Shares of Infosys Ltd. are trading flat after touching a day’s high of Rs 1,867.90 on 1st August after the company received a pre-show cause...
Unlocking Insights to the New GST Rate 2024 and Indian Tax Updates
Introduction To GST Rate Several significant recommendations were presented at the 53rd Meeting of the GST Council, held on 22nd June 2024 and chaired by...