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The Central Bureau of Investigation (CBI) said on Thursday it has arrested a superintendent, CGST and Central Excise, Bhopal (Madhya Pradesh) for demanding and accepting a bribe of Rs 2 lakh.
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IL&FS Transportation Networks Limited received a demand notice from the Office of the Joint Commissioner of CGST & Services Tax Commissionerate, Bolpur on 28.11.2024, according to an exchange filing.
The Group of Ministers (GoM) set up by the Goods and Services Tax (GST) Council to explore taxation mechanisms for luxury and demerit goods post-cess abolition is expected to seek more time to finalise its recommendations. According to sources, the GoM, chaired by Minister of State for Finance Pankaj Chaudhary, is still deliberating on key aspects, particularly legal frameworks.
A study by the Institute of Energy Economics and Financial Analysis (IEEFA) and JMK Research has listed out a series of recommendations for the country to reach its target of 500 gigawatts (GW) of renewable energy capacity by 2030. A slash in Goods and Services Tax (GST) on hydropower and wind projects features among the top suggestions to ease the strain on developers’ balance sheets and increase affordability.