Food Fight: Zomato may be looking at minimum 3 yrs of litigation
Taxation experts say that Gurugram-based food delivery service Zomato might have to fight litigation for three to five years as…
Month: December 2023
Tax collection on course to grow 3 times to over Rs.19 lakh crore in 10 years of Modi Government
Personal income and corporate tax collections are likely to rise to more than Rs.19 lakh crore in 10 years of Prime Minister Narendra…
GST biometric registrations
To bring about transparency in GST registrations, the state government launched 1reg2 GST service centres in November. Based on the pilot project being implemented in…
THE PROVISIONAL COLLECTION OF TAXES ACT, 2023
The Provisional Collection of Taxes Act, 2023 received the assent of the President on 28.12.2023. MINISTRY OF LAW AND JUSTICE…
An Advocate can be a Judicial Member of the GST Appellate Tribunal
Until now, a Judge of a High Court or a District Judge qualified to be appointed as a Judge of…
ICICI Bank and Kotak Mahindra Bank hit with hefty GST demand notices
Private sector lenders ICICI Bank Ltd and Kotak Mahindra Bank Ltd on Thursday (December 28) said they have received demand notices from…
CBDT issues guidelines under section 194-O of the Income-tax Act, 1961
Section 194-O of the Income-tax Act, 1961 (‘the Act’) provides that an e-commerce operator shall deduct income-tax at the rate…
Modi Budget@10: GST crosses several hurdles, time for pole vault with merger of slabs and inclusion of fuel
Since the midnight introduction of the Goods and Services Tax (GST) on July 1, 2017, in a majestic ceremony in the Central…
Mahindra & Mahindra hit with GST penalty
Auto major Mahindra & Mahindra Ltd on Friday (December 29) said it has been imposed a penalty of Rs.4.12 crore by…
GST Council gives extra time to tax officials for recovery of dues
The Goods and Services Tax (GST) Council has extended the deadline for tax officials to demand and recover tax dues…