No move for 10% more GST on diesel cars: Gadkari
Nagpur: Union Minister Nitin Gadkari clarifies: "There is an urgent need to clarify media reports suggesting an additional 10% GST on the sale of diesel vehicles. "It is essential to clarify that there is no such proposal currently under active...
GST fraud of 18 crore found in Maharashtra, inquiry underway
Maharashtra GST Department on Monday unearthed a fraud involving a GST credit worth more than 18 crore. The matter has been the subject of an inquiry, according to detailed analyses by the concerned department. The Investigation Wing, Aurangabad Division, was...
Will Discuss The Issue of 5% GST on Essential Items With Finance Minister :Nitin Gadkari
Nagpur: Dr Dipen Agrawal, National Vice President of Bhartiya Udyog Vyapar Mandal (BUVM) and President of Chamber of Associations of Maharashtra Industry & Trade (CAMIT) met union minister Nitin Gadkariand submitted a memorandum on recent implementation of 5% GST on...
NRHA conducts seminar on latest GST amendments on room tariff
Nagpur Residential Hotels Association (NRHA) conducted a seminar on latest amendments on room tariff to be applicable from 18th July 2022, wherein eminent Chartered Accountant and expert of GST; CA Ritesh Mehta guided the NRHA members and also cleared various...
CAIT demands withdrawal of 5% GST on food grains
Nagpur: Amid the strong resentment among the traders over the GST Council’s decision to levy 5 percent GST on pre-packed and pre-labelled food grains, curd, butter milk etc., the Confederation of All India Traders (CAIT) has appealed to the Union...
Rs 600 cr GST evasion unearthed in Nagpur co., one arrested
Nagpur: A massive evasion of Goods and Services Tax (GST) to the tune of Rs 600 crore has been unearthed in a Nagpur-based company, in a first such action by the Directorate General of GST Intelligence (DGGSTI), on Monday. The...
Mutual Fund Exit Load And Outstanding Credit Card Dues Subject to GST Now
New Delhi: You will have to pay Goods and Services Tax (GST) on your outstanding credit card dues, finance lease and exit fees levied by mutual fund houses. Exit load of around 1 to 3 per cent of fund value...
स्वर्ण मंदिर का लंगर हुआ सेवा कर मुक्त
नई दिल्ली: अमृतसर के स्वर्ण मंदिर के लंगर पर लगने वाले सेवा कर (जीएसटी) मोदी सरकार ने माफ कर दिये हैं। सिक्खों की मांग को मानते हुए स्वर्ण मंदिर के लंगर के लिये खरीदे सामान पर अब जीएसटी नहीं लगेगा।...
CM Fadnavis pushes for bringing petrol, diesel prices under GST
File Pic Mumbai: Maharashtra Chief Minister Devendra Fadnavis has for the first time aired his views over the rising petrol and diesel prices, saying that the fuel prices should be brought under the ambit of Goods and Services Tax to...
कोचिंग सेंटर चलाने वालों को अब देना होगा 18 फीसद जीएसटी
नई दिल्ली: प्रवेश परीक्षाओं के लिए छात्रों को तैयारियों की ट्यूशन दे रहे कोचिंग सेटरों पर 18 फीसद जीएसटी लागू होगा। यह आदेश अथॉरिटी फॉर एडवांस रूलिंग्स (एएआर) ने दिया है। एएआर की महाराष्ट्र बेंच में एक आवेदन देकर एडवांस रूलिंग...
GST काउंसिल की 27वीं बैठक: 5 ख़ास बातें जानिए
नई दिल्ली: आज जीएसटी परिषद की 27वीं बैठक हुई है. जीएसटी परिषद की यह बैठक वीडियो कांफ्रेसिंग के जरिए हुई है. इस बैठक में कई बड़े फैसले लिए गए हैं. जीएसटी काउंसिल की इस बैठक से उम्मीद की रही थी...
NMC gets Rs 52.57 cr as GST grant
Nagpur: The Nagpur Municipal Corporation on Wednesday received Rs 52.57 crore Goods and Services Tax (GST) grant for May. The NMC may get Rs 630.84 crore per annum as GST grant. The state’s urban development department issued the notification on Wednesday,...
Fractured GST is not sustainable in India
Nagpur: "Fragmented procedures & compliance have greatly distorted the inherent beauty of GST. The experience of about 9 months of GST implementation in the Country requires an overall review of not only the tax rates but even the prescribed procedures...
India has recovered from demo, GST; 7.3% growth predicted: World Bank
The World Bank on Monday noted that the Indian economy has recovered from the effects of demonetisation and the Goods and Services Tax and predicted a growth rate of 7.3 percent for the country in 2018. Further, the apex international financial...
Nagpur zone evaded Rs 50 cr GST, detects department
Mumbai: The Central GST department has detected tax evasion to the tune of nearly Rs50 crore in Nagpur zone on the basis of tip offs and its own analysis of data. At present there is no system enabled matching of...
India to grow 7.3% this fiscal, fastest across Asia: ADB
Mumbai: India's economic growth will rise to 7.3 per cent this fiscal and further to 7.6 per cent in the next financial year, retaining the fastest-growing Asian economy tag, on the back of GST and banking reforms. In its Asian Development...
GST one of the most complex, and second highest tax rate in world: World Bank
New Delhi: The goods and services tax (GST) implemented by the Narendra Modi government from 1 July last year is one of the most complex with the second highest tax rate in the world among a sample of 115 countries...
वर्ल्ड बैंक रिपोर्ट: भारत में जीएसटी का सबसे जटिल फॉर्म, दुनिया में दूसरा सबसे ऊंचा टैक्स रेट
नई दिल्ली: वर्ल्ड बैंक (विश्व बैंक) ने प्रधानमंत्री नरेंद्र मोदी की महत्वाकांक्षी कर सुधार प्रणाली (टैक्स रिफॉर्म सिस्टम) पर गंभीर सवाल उठाए हैं। वैश्विक संस्था ने भारत में लागू जीएसटी (वस्तु एवं सेवा कर) को सबसे ज्यादा जटिल करार दिया...
Maharashtra Today: State’s indirect tax collections rise 29%
Mumbai: In Maharashtra Today, State has recorded a 29 percent jump in its total indirect tax collections from July to December 2017, according to a report in The Times of India. The state is home to largest tax base in country....
पेट्रोलियम पदार्थों को जीएसटी में शामिल करने का फ़ैसला काउंसिल लेगी – सुधीर मुनगंटीवार
नागपुर: पेट्रोलियम पदार्थ पर जीएसटी लगाए जाने को लेकर अब तक कोई ठोस फैसला नहीं हो पाया है। पेट्रोलियम पदार्थों की दर विभिन्न राज्यों में अलग-अलग है राज्य सरकारें अपने हिसाब से इसमें टैक्स लगाती है। इसलिए माँग है की...
Budget 2018: Television Sets, Mobile Phones Get Costlier; Raw Cashews Get Cheaper
New Delhi: Finance Minister Arun Jaitley will present the Union Budget 2018 in Lok Sabha today. The Budget 2018 will be different from the 88 previous Budgets in Independent India because of the Goods and Services Tax (GST), imposed on...
