GST on Corporate Guarantees Temporily Ceased for Holding Companies in India
The Punjab & Haryana High Court has temporarily stopped a circular that made corporate guarantees subject to Goods and Services Tax (GST). This is good...
Tag : GST
Hindustan Unilever Shares Trade 1% Lower on Receiving Rs 447 Crore GST Demand
Shares of Hindustan Unilever were trading in the red and 1% lower on 2 January after the company was slapped with a Rs 447.5 crore...
Shares of Nazara Tech Surged Despite Rs 2.83 Crore Tax Demand Notice
Nazara Technologies shares rose over 2% despite getting slapped with a GST show-cause notice and tax demand. Several other gaming and sports media companies, including...
GST Revenue Likely to Hit Rs 1.45 Lakh Crore in September
Goods and services tax (GST) revenue for September is expected to reach around Rs 1.45 lakh crore, an official said. The series has surpassed Rs...
Credit Card Contributions to NPS Level 2 Accounts No Longer Allowed
The Pension Fund Regulation and Development Authority (PFRDA) has stopped charging subscription fees through credit cards in tier-2 accounts in the National Pension System (NPS)....
GST Collection Soars 28% YoY, 2nd Highest Since Introduction
GST collection in July rose 28% on year to Rs 1.49 lakh crore, marking the second highest revenue collection since the introduction of the GST...
Chhattisgarh CM Bhupesh Baghel to Meet Amit Shah
Chhattisgarh Chief Minister Bhupesh Baghel will meet Union Home Minister Amit Shah in Delhi to discuss the impact of the GST system on the state...
First Batch of ZyCoV-D Supplied to Govt
Zydus Cadila announced in a regulatory filing that it supplied the first batch of its Covid-19 vaccine, ZyCoV-D, to the Central Government. In November 2021,...
Govt Urged to Defer GST Hike on Fabrics
Expressing concern over the government’s decision on increased GST rates for many apparel items from January 1, a prominent hosiery manufacturers’ association has said that...