GST on transaction fees, not on crypto’s value, says Centre
Source Livemint dated 04.02.2022 The government will levy goods and services tax (GST) on the service fees on cryptocurrency transactions,…
Category: Media
Concessional corporate tax rate: Govt wants private companies to set up new manufacturing units fast
Source Times of India dated 04.02.2022 The government wants new domestic companies to set up their manufacturing units in India…
Centre to bring ATF inclusion in GST for discussion in next council meet: FM
Source : Times of India dated 06.02.2022 The Centre will move the issue of bringing aviation turbine fuel (ATF) under…
Couple held for GST evasion of Rs 12 crore
Source : Indian Express dated 04.02.2022 The anti-evasion wing of Central Good and Services Tax (CGST) in Thane arrested a…
CBIC to scale up departmental audits to boost GST compliance
Source: Live Mint dated 08.02.2022 The Central Board of Indirect Taxes and Customs (CBIC) is set to scale up scrutiny…
Companies will also get to update tax returns – Income Tax
Source Link Companies can update tax returns within two years of the end of the assessment year under a new…
Industry bodies send representations to GST Council nominated GOM on rate rationalisation
Source Twitter Industry bodies send representations to GST Council nominated GOM on rate rationalisation. Sectors like Textiles, agriculture and food…
Delhi HC’s interim relief to Google subsidiary in tax dispute
Source Link The Delhi high court has given an interim relief to a Singapore-based subsidiary of Google in its tax dispute with tax authorities in India.…