goods and services tax

GST Council Meeting Today: What Did Nirmala Sitharaman Announce? Check Out The Key Updates On Tax Rates

The Goods and Services Tax (GST) rates for cancer drugs and savory food items have been reduced, according to an announcement from Union Finance Minister Nirmala Sitharaman following the 54th GST Council meeting. The council has also established a group of ministers (GoM) to review and recommend changes to GST...

53rd GST Council Meeting: FM Nirmala Sitharaman Announces Key Recommendations on Taxation and Compliance

The Goods and Services Tax (GST) Council convened today in New Delhi after an interval of over eight months, focusing on pivotal reforms and addressing critical challenges in India's indirect tax regime. The meeting aims to fortify the tax framework, streamline regulations, and enhance ease of business across sectors. During...

Prashant Kishor Forecasts Major Shifts in Modi Projects, Predicts BJP’s Advantage In 2024 Elections

Prashant Kishor Pandey, commonly referred to as PK, is an acclaimed Indian political strategist with a background in public health programs backed by the United Nations. Transitioning to Indian politics, he has offered strategic counsel to various parties including the BJP, JD(U), INC, AAP, YSRCP, DMK, and TMC. Notably, he...

Zomato Faces Rs 11.81 Crore GST Demand and Penalty Over Export Services

Food delivery giant Zomato announced on April 19 that it has been served with a Goods and Services Tax (GST) demand and penalty order amounting to Rs 11.81 crore, covering the period from July 2017 to March 2021. The company made this announcement through a regulatory filing after market hours...

“No action executed with sense of revenge”: Sitharaman on ongoing raids on Cong leaders

The Enforcement Directorate (ED) conducted new searches at almost a dozen places in Chhattishgarh on Monday in connection with mining and an alleged coal levy fraud. According to sources, the locations searched include the homes and offices of several Congress officials, including Ram Gopal Agarwal, Girish Devangan, RP Singh, Vinod...