Pani Puri vendors in India are receiving GST notices as their digital transactions exceed Rs 40 lakh. The humor-infused ...
GST rates: The Group of Ministers (GoM) on GST rate rationalization has put forth a proposal to increase the tax rate on sin goods, such as aerated beverages, cigarettes, tobacco, and related ...
A viral GST notice to a Tamil Nadu pani puri seller claiming ₹40 lakh in payments has triggered discussions on social media ...
The root cause of GST’s complexity lies in the multiplicity of rates. Time and again, experts recommended a simple dual-rate ...
In this context, it will be pertinent to analyse the recent recommendation of the Group of Ministers (GoM) on GST rate rationalisation. Take the case of the proposal to introduce a new fifth GST ...
A pani puri vendor in Tamil Nadu received a GST notice after his online payments exceeded Rs 40 lakh in one year. This case ...
Notably, we saw an all-time high GST collection of Rs 2.10 lakh crore in the month of April. But tax reform continues to remain mired in the complexity of multiple rates. GST collections ...
Street vendors, the lifeblood of daily trade, are the latest targets of GST demand notices for exceeding the Rs 40 lakh threshold in business transactions. The Goods and Services Tax (GST ...
Notably, individuals didn’t have to pay the 18% GST if they are selling an old car to another person. Moreover, this is for ...
A Group of Ministers under the convenorship of Deputy Chief Minister of Bihar, Samrat Chaudhary, has submitted a report regarding GST rates on insurance premium, a senior government official said ...
which include lowering the GST rate on all individual health insurance policies to 5 per cent, extending the exemption on health insurance for senior citizens, and introducing pure term life ...