GST assortment prone to move ₹1.5 lakh crore from October: Earnings Secretary

The Items and Products and services Tax (GST) assortment might most sensible ₹1.5 lakh crore from October, Earnings Secretary Tarun Bajaj stated on 14 September. The GST income assortment has been trending at over ₹1.4 lakh crore previously six months consecutively, alternatively, it has no longer crossed the ₹1.5-lakh-crore-mark but on a constant foundation. Regardless … Read more

This financial institution’s consumers can now pay their GST without delay at the portal with out stepping out in their properties

Kotak Mahindra Financial institution introduced the of entirety of its integration with the GST portal on Friday. With that, now Kotak Financial institution consumers will pay rapid GST without delay at the GST portal with no need to step out from the relaxation in their properties/workplaces. This facility is to be had to people, companies, … Read more

‘Sarais’ below spiritual or charitable trusts exempted from GST, says CBIC

‘Sarais’ run by means of spiritual or charitable trusts are exempt from the Items and Services and products Tax (GST) without reference to hire, the Union Finance Ministry stated on 4 August. Shiromani Gurdwara Parbandhak Committee (SGPC)’s controlled few ‘sarais’ on their very own began gathering GST for rents as much as ₹1,000 in step … Read more

5% GST on un-branded, pre-packed meals pieces to hit small investors: CAIT

BENGALURU: Opposing the verdict of the Items and Products and services Tax (GST) Council to get rid of the exemption on pre-packed and unbranded meals pieces and impose a 5% tax, the Confederation of All India Investors (CAIT) mentioned the transfer would hit small companies around the nation. The affiliation will search conferences with the … Read more

Delivery sector will get GST reduction

Items and Products and services Tax (GST) Council has made up our minds to present reduction to the shipping sector by means of a discount within the tax price at its two-day assembly which concluded in right here on Wednesday, stated an individual acutely aware of the improvement. Delivery of products and passengers by way … Read more