- 04 Oct 2023 06:12 PM
- New
Bajaj Allianz faces ₹1,010 crore GST demand notice. Know details
Bajaja Allianz received a GST Demand notice for ₹1,010 crore from the Directorate of GST Intelligence for the non-payment of GST on co-insurance and re-insurance premiums.
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- 03 Oct 2023 06:40 PM
- New
Government to meet its tax collection target for FY24: SBICaps
New Delhi: The Indian government's tax mop-up will likely meet budget estimates for fiscal year (FY) 2024, with the expected shortfall in excise duty revenue offset by higher income tax collection, SBI Capital Markets Ltd. (SBICaps) said in a report on Tuesday.
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- 03 Oct 2023 06:30 PM
- New
DGGI sends GST evasion notices of ₹28,000 crore to Dream11, ₹21,000 crore to Play Games 24X7: Reports
The Directorate General of GST Intelligence (DGGI) has sent tax evasion notices of R 21,000 crore to Dream11, and of ₹21,000 crore to Play Games 24X7, reports said on October 3, citing persons who are privy to the development.
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- 03 Oct 2023 06:37 PM
Delta Corp share price slumps 4% as 28% GST on online gaming takes effect
Delta Corp GST news: Delta Corp share price slumped over 4% on Tuesday's trading session as a result of the introduction of the 28% Goods and Service Tax (GST) for online gaming effective, October 1. Previously, the GST on platform fees for online gaming platforms was 18%. Delta Corp shares closed at ₹136.90, down 4.06%.
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- 03 Oct 2023 06:43 PM
Request for Amnesty Scheme and Withdrawal of Notices for Section 16(4)
Source: https://taxguru.in/goods-and-service-tax/request-amnesty-scheme-withdrawal-notices-section-164.html
In the realm of taxation, the landscape can often be fraught with complexities and uncertainties. One such issue that has been a cause for concern among taxpayers is related to the Input Tax Credit (ITC) claims under the Goods and Services Tax (GST) regime. While courts have rendered judgments on this matter, questions remain about the fairness and interpretation of the law.
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- 03 Oct 2023 06:46 PM
GST Revenue Collection in September 2023: ₹1.62 Lakh Crore
Source: https://taxguru.in/goods-and-service-tax/gst-revenue-collection-september-2023-1-62-lakh-crore.html
The Ministry of Finance has released the latest figures for Goods and Services Tax (GST) revenue collection for the month of September 2023. The data reveals a significant milestone in revenue collection, demonstrating the robustness of India’s taxation system.
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- 02 Oct 2023 05:43 PM
New tax regime for online money games kicks in
New Delhi: The new 28% Goods and Services Tax (GST) on online money games, casinos and horse racing kicked in on Sunday, with the central government issuing orders on the norms to be followed for the portion of taxes to be collected by the centre and the Union Territories.
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- 02 Oct 2023 05:40 PM
Amended GST law provisions on e-gaming, casinos, horse racing to be effective from today. Know details
Finance Ministry notifies October 1 as the date for implementation of amended GST law to tax e-gaming, casinos, and horse racing.
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- 02 Oct 2023 05:48 PM
GST collection hits ₹1.62 trillion in September
Central and state governments collected ₹1.62 trillion in goods and services tax (GST) in September, marking the fourth highest monthly collection since the inception of the indirect tax regime and a 10% annual growth from the year-ago period.
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- 02 Oct 2023 05:54 PM
New tax rate on online money games kicks in
NEW DELHI : The new Goods and Services Tax (GST) regime of 28% tax on online money games, casinos and horse racing has kicked in from Sunday with Union government issuing orders on norms to be followed covering taxes to be collected by Centre and the Union Territories.
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