Sitharaman said that the ministerial group set up by the GST Council has done excellent work, which is in final stages now and that the minister would take one more look at the proposals and take it to the federal indirect tax body for decision making.
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Are you a landlord who earns rental income from commercial properties? If your earnings cross a certain threshold a year, you may have to register for the Goods and Services Tax (GST) and start charging tax on rent.
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The court declared as unconstitutional a part of the 2021 customs department exemption notification that required payment of integrated GST, or IGST, and cess on the repair cost of goods re-imported into India after being sent abroad for maintenance
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Former Infosys CFO Mohandas Pai dismissed allegations of false GST collections during Kumbh Mela 2025, stating much of the revenue generated does not fall under GST. He said that the actual GST collection figures are still pending.
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Hyundai Motor India received GST notices from the State governments of Tamil Nadu and Maharashtra, according to an exchange filing. The shares of the Korean automaker have lost 6.20% since its listing on the stock market in October 2024.
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Indian stock market: Gift Nifty was trading around 22,365 level, a premium of nearly 85 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.
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India’s taxation framework for non-alcoholic beverages stands out as one of the most onerous in the world. With the introduction of the goods and services tax (GST) in 2017, the central government intended to simplify multiple indirect taxes and foster a uniform market.
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New Delhi, Mar 1 (PTI) Gross GST collections rose by 9.1 per cent to about ₹1.84 lakh crore in February, boosted by domestic consumption and indicating potential economic revival.
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India's GST collection: Gross and net GST revenues in February 2024 were ₹1.68 lakh crore and ₹1.50 lakh crore, respectively.
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Indian Overseas Bank received a ₹699.5 crore GST notice from the Chennai government. The stock has lost nearly 5% in the last four market sessions. However, the stock has paid off with 400% returns in the last five years.
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