Cipla Limited faces ₹9.77 cr penalty from GST authority
Cipla Limited has received a demand order issued by the Joint Commissioner of Central Tax from the Office of the […]
Shree Renuka Sugars faces ₹24.32 cr GST penalty over ethanol sales
Shree Renuka Sugars Limited has received a penalty order dated 15th January 2025 from the Commissioner of GST & Excise,
EV Industry seeks GST cut on batteries & infra status for charging stations in Budget
The Electric Vehicle (EV) industry is urging the government to reduce the GST on EV batteries from the current 18
Income tax cuts likely in Budget 2025 to spur consumption: Sources
As the Union Budget approaches, expectations are growing that the government may extend personal tax relief. According to sources, to
Jewellery sector seeks tax relief, policy boost in Budget 2025 to drive growth
India’s jewellery sector has high expectations from the Union Budget 2025, seeking measures to address taxation challenges, boost consumer demand,
Union Budget 2025: Govt may introduce personal income tax breaks, says report
The Centre is considering a plan to introduce personal income-tax breaks to boost consumption, CNBC-TV18 reported on January 17. A
90,000 salaried individuals withdraw Rs 1,070 cr worth wrongful tax deduction claims
As many as 90,000 salaried individuals, both from PSUs and the private sector, have withdrawn wrongful tax deductions claims totalling
GST @18% on sale margin of old & used EV notified, applicable only for registered dealers
The Central Board of Indirect Taxes & Custom (CBIC) has notified 18 per cent GST on sale margin of old
Definition of declared tariff omitted and specified premises substituted linking with actual value of supply of accommodation provided by the hotel, effective from April 01, 2025
Background: The 55th GST Council Meeting held on December 21, 2024, recommended to omit the definition of declared tariff and
CBIC notifies various amendments to the GST Services Rate Exemption Notification
The CBIC vide Notification No. 06/2025-Central Tax (Rate) dated January 16, 2025 has introduced amendments to base Notification No. 12/2017-Central
