- 11 Oct 2021 06:15 PM
- New
GST on Diwali gifts: Companies could see implications on gifts doled out to customers, retailers
Companies often come up with these schemes for their retailers too to push sales. In other cases, these promotional goods and schemes are for the end customers—in both cases GST will come as a spoil sport following the AAR ruling, say tax experts.
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- 11 Oct 2021 06:12 PM
- New
Centre releases Rs 40,000 crore to States/UTs to meet GST compensation shortfall
Earlier on 15th July, 2021 an amount of Rs 75,000 crore was released to the States & UTs with legislature. This release is in addition to normal GST compensation being released every 2 months out of actual cess collection, an official statement said.
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- 11 Oct 2021 06:03 PM
- New
Same GST slab for ice-cream sold anywhere: Finance ministry
The government said a GST of 18% should be levied on ice cream even when they are sold inside a parlour. Earlier, ice creams attracted 5% tax when sold inside parlours and 18% outside.
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- 11 Oct 2021 05:43 PM
Ministerial group for GST rates review to meet soon: Karnataka CM
After meeting FM Nirmala Sitharaman, Karnataka CM Basavaraja Bommai said the GoM for rationalising GST rates will meet soon
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- 17 Aug 2020 04:15 PM
Gold premiums fall in India amid drop in prices
On a weekly basis, gold prices in India about ?2,600 per 10 gram
Gold prices in India include import duty and GST