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Columbia University says it has suspended and expelled student participated
Columbia University announced disciplinary action Tuesday against students who participated in a pro-Palestinian demonstration inside the Ivy League school's main library before final exams in May and
Columbia University says it has suspended and expelled student participated
Columbia University announced disciplinary action Tuesday against students who participated in a pro-Palestinian demonstration inside the Ivy League school's main library before final exams in May and
Infosys Q1 FY26 result: Net profit up 8.7% at ₹6,921 cr, revenue up 7.5%
Revenue for the quarter rises to ₹42,279 crore
 "Infosys Q1 FY26 result: Net profit up 8.7% at ₹6,921 cr, revenue up 7.5%")
Infosys Q1 FY26 result: Net profit up 8.7% at ₹6,921 cr, revenue up 7.5%
Revenue for the quarter rises to ₹42,279 crore
The Smart Investor : Gross GST collections double in 5 years to record Rs 22.08 trillion in FY25
The average monthly collection stood at Rs 1.84 trillion in FY25, up from Rs 1.68 trillion in FY24 and Rs 1.51 trillion in FY22
 "The Smart Investor : Gross GST collections double in 5 years to record Rs 22.08 trillion in FY25")
It's time to get real about rupee's role in international financial system
New Delhi's own experiment with Russian oil should be a sobering reminder of how little sanctions have done to dethrone the US currency. Internationalizing the rupee will neither be swift, nor easy
Spurring fiscal equality: Ratio of GST to GSDP higher in poorer states
One aspiration for the GST system was that it would lead to regional development as it is a destination-based tax regime
 "Spurring fiscal equality: Ratio of GST to GSDP higher in poorer states")
Liquidated damages in certain cases to draw 18% GST, rules Andhra AAR
Such damages are the sum that one party receives when the other party fails to meet provisions of a contract
 "Liquidated damages in certain cases to draw 18% GST, rules Andhra AAR")
Interstate flow of goods rose to 70% of GDP post-GST implementation
Paper published by IPPR suggests new indirect tax regime led to increasing economic integration among states
 "Interstate flow of goods rose to 70% of GDP post-GST implementation")
Floor mats for four-wheelers to attract 28% GST, says Gujarat AAR
The applicant, a manufacturer, had argued that 18% GST should be applicable
 "Floor mats for four-wheelers to attract 28% GST, says Gujarat AAR")
SC rules on service tax on corporate guarantees, gives pvt firm relief
No service tax on corporate guarantees by parent company to subsidiaries in absence of consideration, it says
 "SC rules on service tax on corporate guarantees, gives pvt firm relief")
India's Goods and Services Tax mop-up crossed Rs 18 trillion in FY23
March collection was the second-highest ever
GST mop up at all-time high of Rs 18 trillion in FY23, shows data
The data shows collections in the pandemic year FY21 declined, but bounced back in subsequent years, indicating resilience in the economy amid external headwinds
FinMin notifies GST amnesty scheme for non-filers, small businesses
Enterprises can apply for revocation of cancelled GST registration by June 30 after paying due taxes, interest and penalty
GST rate rationalisation unlikely before 2024 Lok Sabha elections
Centre, states not in favour any major change in GST structure amid inflationary pressure
Initial field work for annual survey of services sector begins for 2022-23
However, the survey itself may not come up before the end of 2024
 "Initial field work for annual survey of services sector begins for 2022-23")
Tobacco in gunny bags to attract 28% GST, 71% compensation cess: AAR
No new product emerges from the post-coating process, rules authority in Gujarat
 "Tobacco in gunny bags to attract 28% GST, 71% compensation cess: AAR")
Lok Sabha approves setting up of GST Appellate Tribunal to solve disputes
Lok Sabha on Friday cleared changes in the Finance Bill to pave the way for setting up of an appellate tribunal for resolution of disputes under GST. Currently, taxpayers are filing writ petitions before high courts in the absence of the appellate tribunal. As per the amendments proposed in the Finance Bill 2023, which was passed by Lok Sabha on Friday, benches of the GST Appellate Tribunal would be set up in every state while there will be a principal bench in Delhi which will hear appeals related to 'place of supply'. Even after more than five years of implementation of the Goods and Services Tax (GST), the appellate tribunal has not been set up. As a result, unresolved legal matters under GST have accumulated. Nangia Andersen India's Tanushree Roy, Director- Indirect Tax, said establishment of the appellate tribunal would result in lower burden on high courts, Supreme Court and at the same time, would also provide taxpayers the much needed reprieve. "This is certainly a welcome
 "Lok Sabha approves setting up of GST Appellate Tribunal to solve disputes")
Former BharatPe CEO Ashneer Grover launches fantasy cricket platform
As per information available on CrickPe's website, it is an app that allows users to play cricket online
 "Former BharatPe CEO Ashneer Grover launches fantasy cricket platform")
As liquidity tightens, call money rate jumps to 7% before easing
Advance tax, GST payments leading to tight liquidity; RBI may do more repos
 "As liquidity tightens, call money rate jumps to 7% before easing")
