GST
Centre, states to earn ₹40,000 cr in GST if all 97 lakh polluting vehicles scrapped: Nitin Gadkari
Union Minister Nitin Gadkari on Friday said the Centre and states could earn up to ₹40,000 crore in Goods and Services Tax if all 97 lakh unfit and polluting vehicles are scrapped.
CBIC clarifies GST on post-sale discounts, no ITC reversal for buyers
“The government’s clear demarcation between trade discounts and promotional services will significantly reduce interpretational disputes and provide greater certainty in compliance for the industry, paving the way for a more streamlined GST regime,” Agarwal said.
In good news for consumers, Mother Dairy on Tuesday said it is slashing prices across its range of dairy and food products after the government’s big Goods and Services Tax (GST) 2.0 revamp.
Customs
HC slams Customs for blocking re-test, orders fresh check of seized cashews
The Bombay High Court last week came down heavily on Customs officials for blocking a facility that the court said was clearly meant to help businesses.
US tariff shield: Export promotion mission heads to Cabinet, Rs. 25,000 crore support on table
The government’s proposed Export Promotion Mission, designed to shield India exporters from global trade shocks, is set to be placed before the Union Cabinet for approval soon, sources told PTI. Inter-ministerial consultations on the scheme have been completed.
Income tax e-filing portal: Repeated outages on the Non-Audit Due date )15 Sept) – Request for same day relief & calibrated extensions for audit cases (AY 2025-26)
Gameskraft’s former CFO siphoned Rs 250 Cr for F&O trading
Bengaluru-based online gaming firm Gameskraft Technologies is grappling with a major financial scandal after its former CFO, Ramesh Prabhu, allegedly diverted Rs 250 crore of company funds to personally trade in the futures and options (F&O) segment.
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