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GSTN blocks Rs 14,000 crore Input Tax Credits
GSTN in a tweet said that the figure comprises of erroneous data entries made by the tax payers
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Tax compliance points self-employed citizens should know
Income of a self-employed individual can be calculated on presumptive basis under section 44ADA of IT Act.
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GST systems resumes e-way bill blocking if monthly returns are not filed
The company further said that the e-way bill generation facility has been blocked on the e-way bill portal for all the taxpayers
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GST revenue collection crosses Rs 1.17 crore in September
The revenues for the month of September 2021 are 23% higher than the GST revenues in the same month last year.
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Reduce, it’s a question of health
If the GST on health insurance is reduced from 18%, it will bring down the premiums and make essential services affordable to more people.
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GST exempt list to be reviewed by ministerial panel
The GST Council headed by Union Finance Minister Nirmala Sitharaman had taken by the decision to set up these two GoMs on September 17.
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Govt borrowing in FY22 touches 58% of the budgeted amount
Direct tax collection rose 74% to ₹ 5.70 lakh crore in the same period
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Indian economy on sustained path of revival: FM Nirmala Sitharaman
The monthly average GST collections are in the range of Rs 1.11 lakh crore and Rs 1.12 lakh crore.
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Zomato, Swiggy bite nails as they await clarity on GST
Food delivery apps are concerned that the way the tax system works, they could see a jump in their total cost.
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Outsourced services won’t attract 18% GST, clarifies govt
An intermediary is a body that facilitates the supply of goods or services or securities between two or more parties.
