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Supreme Court Bench hearing PMLA challenge to hear over 400 petitions against these laws

The Supreme Court is scheduled to hear from May 1 a batch of petitions challenging penal provisions under five laws.

Directorate-general , Supreme-court , Supreme-court-of-india-cases , Supreme-court-news , Indian-legal-news , Court-news-updates , Justice-sanjiv-khanna , Justice-belam-trivedi , Legal-news , Court-news , Gst

18% IGST Is Applicable On Nutrition/Dietary Supplements: CESTAT

The Ahmedabad Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has observed that 18% Integrated Goods and Service Tax (IGST) is applicable on nutrition and dietary supplements. ...

Ahmedabad , Gujarat , India , Service-tax , Service-tax-appellate-tribunal , Ahmedabad-bench , Integrated-goods , Ramesh-nair , Judicial-member , Technical-member , Tariff-item

Swiggy, Zomato Orders May Become Costlier Due to GST Update : Tech News

Swiggy, Zomato Orders May Become Costlier Due to GST Update : Rashtra News #Swiggy #Zomato #Orders #Costlier #Due #GST #Update Food ordering from platforms including Swiggy and Zomato may become costlier soon as they will be required to collect and pay tax on behalf of all restaurants starting January 1, 2022. The new move comes

India , New-delhi , Delhi , Telangana , Andhra-pradesh , Gautam-kumar , Sarabjeet-singh , Rajat-bose , Shardul-amarchand-mangaldas-co , Delhi-high-court , Services-tax , National-restaurant-association-of-india

Mint Explainer: Why India's push for global trade payments in rupees has had limited success

The government has encouraged large oil exporters to accept the rupee to settle trades, while the RBI has allowed banks in 18 countries to open special accounts to settle transactions in rupees. But progress on turning the rupee into a hard currency has been slow so far.

India , United-kingdom , Japan , Japanese , British , Global-trade-research-initiative , Services-tax , International-monetary-fund , Pradhan-mantri-jan-dhan-yojana , Trade-in-rupees , Rupee-trade

No relief likely for gaming industry from GST Council post elections: Government Official

Online gaming will not be discussed by the GST Council’s fitment committee but will be brought directly before the Council for review.

Haryana , India , Karnataka , Delta-corp , Services-tax , From-october , Gst , St-council , Nline-gaming , Ok-sabha-elections , St-council-meet

Letters to the editor, April 23: 'My favourite four words in Liberal budgets…'

In today’s letters to the editor: capital gains, government spending and productivity; provincial relations; motorcycle season

United-states , United-kingdom , Canada , Canadian , Britain , Canadians , Jimmy-molloytoronto , Spencer-deankelowna , Bernie-teitelbaumtoronto , Peter-johnsontillsonburg , Eric-bergbuschottawa , Margaret-thatcher

RBI's auto debit rule could cause tax woes for fintech startups : Tech News

RBI’s auto debit rule could cause tax woes for fintech startups Mumbai: The Reserve Bank of India's (RBI) auto debit rule could bring tax complications for fintech companies that have set up platforms for banks to integrate with a common e-mandate platform to ensure compliance. Fintech companies run the risk of attracting a 2% equalisation

Mumbai , Maharashtra , India , Singapore , Girish-vanvari , Netflix , Reserve-bank , Apple-store , Auto , Debit , Equalisation-levy , Fintech

India's direct tax ramp-up is showing the way

Data released on Sunday showed that its net direct tax collections in 2023-24 hit ₹19.58 trillion, up 17.7% from 2022-23. This could be good news on two counts.

Tax-revenue , Gst , Prosperity , Tax-collection ,

Systemising the game

MeitY's AI advisory ignited debates on regulating AI. SROs, endorsed by RBI for fintech sector, are crucial. Online gaming sector under GoI's scrutiny. Skill vs chance, clear guidelines, and international regulatory examples are key for effective governance.

Belgium , United-kingdom , South-korea , India , Mahadev , Jammu-and-kashmir , Britain , European-commission , Interactive-software-federation-of-europe , Pan-european-game-information , Interactive-software-federation

Gross direct tax revenues up by 18.48% to ₹23.37 lakh crore in 2023-24

While refunds saw a 22.74% year-on-year jump amounting to Rs.3.79 lakh crore, net collection post-refunds in FY24 was Rs.1.35 lakh crore | Latest News India

New-delhi , Delhi , India , Union-finance-ministry-file-photo , Finance-ministry , File-photo , Budget-estimates , Revised-estimates , Gross-direct-tax-revenues , Union-finance-ministry , Gst