Capital gains tax provisions need serious review, govt open to ‘tinkering’ to simplify it: Revenue Secretary Tarun Bajaj
Source: CNBC TV18 dated 09.02.2022 Lending a patient ear towards a long pending demand of the industry, Revenue Secretary Tarun…
Category: Media
Will focus on scrutiny, audit of GST returns in coming year: says CBIC chairman
Source: Economic Times dated 10.02.2022 The Central Board of Indirect Taxes and Customs (CBIC) will focus on scrutiny and audit…
Tax on digital assets could go up, govt mulling GST on crypto mining, supply
Source: Economic Times dated 10.02.2022 The government is examining the applicability of goods and services tax (GST) on various cryptocurrency…
K’taka CM urges Centre to extend GST compensation period upto 2024-25
Source Business Standard dated 08.02.2022 Karnataka Chief Minister Basavaraj Bommai on Monday requested the Centre to extend the GST compensation…
No Petroleum Product under GST
Source: Economic Times dated 09.02.2022 The GST Council has made no recommendation so far to include petroleum products, including petrol,…
Company drags taxman to court after similar tax demands raised by state and central GST authorities
Source: Economic Times dated 09.02.2022 A BSE listed company, Suumaya Corporation, has dragged the government and the indirect tax authorities…
No clarity on levying of GST on crypto: Sushil Modi in Parliament
Source : Indian Express dated 09.02.2022 During the Zero Hour discussion in the Rajya Sabha on Tuesday, BJP leader Sushil…
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,…
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…