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Three held in Odisha for Rs 16.96 crore GST fraud

Three held in Odisha for Rs 16.96 crore GST fraud

The law enforcement agency found during the probe that the prime accused had issued many fraudulent invoices to various contractors

08 February,2025 08:50 AM IST | Bhubaneswar | IANS
Budget 2025: Why no GST relief for rare disease drugs, ask parents

Budget 2025: Why no GST relief for rare disease drugs, ask parents

Parents of children with SMA say customs duty waivers have existed for years, offering no real financial relief; the custom duty exemption has existed for years, offering no real relief. The drugs are so expensive, costing crores, that only a few can afford them

03 February,2025 08:03 AM IST | Mumbai | Vinod Kumar Menon
Union Budget 2025: Date, Time, and How to Watch Finance Minister live

Union Budget 2025: Date, Time, and How to Watch Finance Minister live

Being the second full-fledged budget of the Modi government in its third term, the new budget holds great importance as it addresses pressing economic issues while aligning with the government’s long-term vision

27 January,2025 12:44 PM IST | Mumbai | mid-day online correspondent
Sachin Pilot calls for GST 2.0 reforms in upcoming Union Budget

Sachin Pilot calls for GST 2.0 reforms in upcoming Union Budget

Congress leader Sachin Pilot has demanded reforms in the GST structure to ease the burden on small traders and the middle class. Calling for "GST 2.0," Pilot criticised the BJP government for favouring billionaires with tax cuts while overburdening the common man.

09 January,2025 06:14 PM IST | Mumbai
CREDAI warns of increase in housing prices if 18% GST imposed on FSI charges

CREDAI warns of increase in housing prices if 18% GST imposed on FSI charges

According to CREDAI, imposing GST on FSI charges—whether retrospectively or prospectively—would escalate project costs by as much as 10 per cent, pushing up housing prices across various regions of India

20 December,2024 05:15 PM IST | Mumbai | A Correspondent
Congress MP Vijay Vasanth gives adjournment motion in Lok Sabha

Congress MP Vijay Vasanth gives adjournment motion in Lok Sabha

The Congress leader also demanded an exemption from GST on all staple food items, like Atta, Maida, Suji, Besan, and other essential food products

09 December,2024 10:10 AM IST | New Delhi | mid-day online correspondent
Govt confident of surpassing FY25 direct tax collection target: CBDT chief

Govt confident of surpassing FY25 direct tax collection target: CBDT chief

CBDT chairman Ravi Agarwal expressed confidence in exceeding the Rs 22.07 lakh crore direct tax collection target for FY25, citing strong growth in corporate and non-corporate tax revenues. He also urged taxpayers to disclose foreign assets before the December deadline

18 November,2024 02:43 PM IST | New Delhi
SpiceJet clears staff payments of Rs 310 crore

SpiceJet clears staff payments of Rs 310 crore

Also clears TDS, PF contributions and GST liabilities

01 November,2024 09:50 AM IST | Mumbai | Prasun Choudhari
Softy ice cream not classified as milk product; 18% tax imposed by GST authority

Softy ice cream not classified as milk product; 18% tax imposed by GST authority

In a recent ruling, the GST authority has classified softy ice cream as a non-milk product, imposing an 18% GST. The decision follows an application from VRB Consumer Products, which sought a lower tax rate for its Vanilla Mix, arguing it contained natural milk components. However, the ruling highlighted that sugar is the primary ingredient.

22 October,2024 04:06 PM IST | New Delhi | Anisha Shrivastava
SpiceJet clears 10 months of employee PF dues

SpiceJet clears 10 months of employee PF dues

Airline raised Rs 3,000 crore, enabling the clearance of long standing arrears

07 October,2024 08:04 AM IST | Mumbai | Prasun Choudhari

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