Data recap: Adani debt, spend trend, auto sales
  • 10 Mar 2023 02:10 PM
  • New

Data recap: Adani debt, spend trend, auto sales

Source: https://www.livemint.com/news/india/data-recap-adani-debt-spend-trend-auto-sales-11678382691624.html

A total of 81.8 million e-way bills were generated in February, marginally down from January but staying above the 80-million mark for the fourth straight month, showed data from the Goods and Services Tax Network.

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Maharashtra Amnesty Scheme, 2023 for Goods and Services Tax Department
  • 10 Mar 2023 02:12 PM
  • New

Maharashtra Amnesty Scheme, 2023 for Goods and Services Tax Department

Source: https://taxguru.in/goods-and-service-tax/maharashtra-amnesty-scheme-2023-goods-services-tax-department.html

> This Amnesty Scheme will be called as ‘Maharashtra Settlement of Arrears of Tax, Interest, Penalty or Late Fee Act, 2023’.

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Advisory on Mandatory reporting of 6 digit HSN codes
  • 10 Mar 2023 02:14 PM
  • New

Advisory on Mandatory reporting of 6 digit HSN codes

Source: https://taxguru.in/goods-and-service-tax/advisory-mandatory-reporting-6-digit-hsn-codes.html

Mandatory reporting of 6 digit HSN codes as per Notification No. 78/2020 – Central Tax dated 15/10/2020

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Rahul Gandhi concludes week-long UK tour: Statements he made to gain BJP's ire
  • 09 Mar 2023 02:16 PM

Rahul Gandhi concludes week-long UK tour: Statements he made to gain BJP's ire

Source: https://www.livemint.com/news/india/rahul-gandhi-concludes-week-long-uk-tour-statements-he-made-togainbjpsire-11678190467612.html

Congress MP from Wayanad Rahul Gandhi has now made news for for statements delivered at Cambridge University, at a convention organised by association of Journalists in London and finally during an in-conversation session at the Chatham House think tank in London. Rounding off his week-long UK tour, Gandhi touched upon democracy in India, Pegasus row, China threat and staying true to his identity as the Opposition leader since 2014, the BJP rule in India.

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Proposal for Maharashtra VAT Amnesty Scheme by BJP CA Cell, Mumbai
  • 09 Mar 2023 06:14 PM

Proposal for Maharashtra VAT Amnesty Scheme by BJP CA Cell, Mumbai

Source: https://taxguru.in/goods-and-service-tax/proposal-maharashtra-vat-amnesty-scheme-bjp-ca-cell-mumbai.html

The erstwhile MVA Government had announced the Amnesty Scheme for waiver of tax, interest and penalty payable under the MVAT and allied laws and the period was from 01/04/2022 to 30/09/2022.

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Hidden charges on credit cards: Key things to know
  • 06 Mar 2023 04:14 PM

Hidden charges on credit cards: Key things to know

Source: https://www.livemint.com/news/india/hidden-charges-on-credit-cards-key-things-to-know-11677828451015.html

In times of a financial crunch, credit cards provide a lot of respite. While it serves as a great source for making purchases and earning rewards, a credit card comes with its own responsibility. While a bank may claim that the credit cards are free, users must understand that there are few hidden charges attached to the cards.

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Cygnet Infotech, E&Y, Clear, IRIS get licence to raise GST e-invoices
  • 06 Mar 2023 04:19 PM

Cygnet Infotech, E&Y, Clear, IRIS get licence to raise GST e-invoices

Source: https://www.livemint.com/companies/news/cygnet-infotech-e-y-clear-iris-get-licence-to-raise-gst-einvoices-11678024850233.html

NEW DELHI : Goods and Services Tax Network (GSTN), the company that processes GST returns, has said that four private companies have been roped in to offer e-invoice registration services to businesses.

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Online gaming cos move CBDT, PMO to oppose tax rules
  • 06 Mar 2023 04:22 PM

Online gaming cos move CBDT, PMO to oppose tax rules

Source: https://www.livemint.com/technology/tech-news/online-gaming-cos-move-cbdt-pmo-to-oppose-tax-rules-11678041063344.html

New Delhi: The online gaming industry has approached the Central Board of Direct Taxes (CBDT) and the Prime Minister’s Office (PMO) to oppose changes in tax deduction at source (TDS) and Goods and Service Tax (GST) on the sector.

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Steady GST hum | Mint
  • 02 Mar 2023 05:36 PM

Steady GST hum | Mint

Source: https://www.livemint.com/opinion/online-views/steady-gst-hum-11677701692003.html

Goods and services tax (GST) revenue figures for February released by the government on Wednesday show that collections climbed 12% from a year earlier to almost ₹1.5 trillion. February’s collections mark 12 months in a row of GST revenue exceeding ₹1.4 trillion. Given this trend, it is clear that the monthly collection figure has settled comfortably at levels significantly above those seen last year. This speaks of both a commercial recovery after covid and a strengthening of the regime, which has had many loose ends tied in recent years.

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₹1,49,577 crore gross GST revenue collected in February 2023
  • 02 Mar 2023 05:54 PM

₹1,49,577 crore gross GST revenue collected in February 2023

Source: https://taxguru.in/goods-and-service-tax/%e2%82%b91-49-577-crore-gross-gst-revenue-collected-february-2023.html

The gross GST revenue collected in the month of February 2023 is ₹1,49,577 crore of which CGST is ₹27,662 crore, SGST is ₹34,915 crore, IGST is ₹75,069 crore (including ₹35,689 crore collected on import of goods) and Cess is ₹11,931 crore (including ₹792 crore collected on import of goods)

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