Introduction: The Ministry of Heavy Industries is currently assessing proposals to decrease the Goods and Services Tax (GST) on flexible fuel vehicles (FFVs) from the prevailing 28 percent. This initiative responds to requests received by the ministry, advocating for a reduction in GST rates to
Delhi Government to Modernize GST Administration in Budget 2024-25 During the presentation of the annual budget for 2024-25, Delhi’s Finance Minister Atishi announced plans to enhance the Goods and Services Tax (GST) administration, aiming to make it more efficient and faceless to bolster revenue collection.
Navigating Taxation Challenges: Online Gaming Companies’ Strategic Responses The online gaming industry, encompassing platforms like poker, rummy, and fantasy sports, is facing significant challenges amidst an evolving taxation landscape. With the introduction of increased indirect taxes, companies in this sector are strategically adapting to retain
Introduction The Union government’s recent filing of a transfer petition before the Supreme Court to consolidate pending cases challenging GST notices issued to real money gaming companies has sparked significant interest in legal circles. This move comes amidst a backdrop of ongoing legal battles across
Introduction: On March 1, 2024, the CGST Mumbai Zone, CGST Navi Mumbai Commissionerate, made a significant arrest that sent shockwaves through the financial sector. The Head of Finance of M/s Foodlink F&B Holdings India Pvt Ltd, Mumbai, was apprehended for allegedly orchestrating a massive tax
GST Applicable to Processed Pulses: AAR Ruling In a recent ruling, the Andhra Pradesh authority for advance rulings (AAR) has declared that processed pulses obtained after dehusking and splitting of grains do not qualify as agricultural produce, thus subjecting them to goods and services tax
