Page 12 - Gst

Fair share

Dependence on cess and surcharge must come down

GoM on online gaming, casinos: No consensus yet on 28% GST on gross revenue

GGR is the total amount collected by casinos and online gaming companies before shelling out the money to the winners

India at 75: Prudent public finance policy still remains a challenge

Among other things, making the direct tax regime less confusing and bringing in expenditure reform are crucial challenges for the central government

Top Headlines: FPIs cut stake in BSE firms, pharma eyes $400 bn turnover

The Centre's recent move to impose GST on services rendered by the markets regulator, Securities and Exchange Board of India (Sebi), has rattled FPIs

TMS Ep234: Chinese phones, GST collections, markets, Bharat NCAP rating

Is banning cheap Chinese phones a prudent move? Will bumper GST collections weaken states' case for compensation? Are large caps a better bet for investors? What is Bharat NCAP rating? Answers here

Best of BS Opinion: Powering reforms, tapping GST growth opportunity & more

Here is the best of Business Standard's opinion pieces for Wednesday

Tapping the GST growth opportunity

Recent buoyancy in GST collections should be used to usher in reforms in the tax system

Top headlines: Govt tries to revive mobile mkt, setting up GSTAT, and more

Business Standard brings you the top headlines at this hour

Latest news LIVE: SC remands Sanjay Raut to judicial custody till Aug 22

Latest news LIVE updates: From Covid to stampede at Khatu Shyam temple, catch all the latest news development here

Politics heats up as Congress, and BJP go head-to-head

Public can't be blamed for being wary of the current Congress protests against price rise and unemployment. They have too closely tailed protests directed against ED summons to Sonia and Rahul Gandhi

PM pushes states to boost GST collection at NITI governing council meet

Crop diversification discussed most extensively in NITI governing council meet

West Bengal: Cong workers stage protests against price rise, unemployment

Around 50 Congress workers demonstrated outside the governor's residence, wearing black clothes, holding placards and shouting slogans.

iPhone 14: Check the expected launch price, release date and other details

The new phones in iPhone 14 series are expected to be launched in green, purple, blue, black, white and red colours

Lack of clarity on GST paid on liquidated damages may lead to litigation

There is fear that entities may be asked to reverse ITC or pay back refunds, experts say

Top Headlines: RBI policy review today, Sebi orders audit of FRL, and more

Ahead of the RBI MPC's statement today, while market participants are certain about a rate hike, there are also growing calls for a shift in the central bank's stance. Read more in our top headlines

No GST on rental of 'sarais' under religious or charitable trust: CBIC

The Union Finance Ministry on Thursday said 'sarais' run by religious or charitable trusts are exempt from the Goods and Services Tax (GST) irrespective of rent.

CBIC clarifies on GST to be levied on EVs, mangoes, cattle feed

CBIC also address issues around liquidated damages, penalty on cheque bouncing etc

Supreme Court wants states to make DIN mandatory for GST officers

A DIN is a 20-digit identification code that is affixed to every communication sent to taxpayers by the government

Amid robust tax growth, customs and excise duties decline over 10% in Q1

Receipts from customs and excise duties were down 10.59 per cent at Rs 97,695 crore in Q1 of FY'23

GST e-invoicing must for entities with Rs 10 cr turnover from Oct 1

Presently, the process is mandatory for businesses with an annual turnover of Rs 20 cr and above