GST & Subsidies On Electric Vehicles in India

By offering subsidies, incentives, and advantages to customers and the EV sector as a whole, the Indian government has sown the seed for electric vehicles.

Government will discuss inclusion of ATF under GST regime in the next meeting of the council, finance minister Nirmala Sitharaman has said

The owner of a steel company in Maharashtra's Thane district has been arrested for allegedly availing input tax credit using fake invoices to the tune of Rs 60 crore, an official said on Thursday.

The government will infuse Rs 44,720 crore into loss-making state-owned telecom firm BSNL in the next financial year, according to Budget documents.

Finance Minister Nirmala Sitharaman sprung a pleasant surprise in parliament today when she came to the part on goods and services tax, or GST, in her Union Budget 2022 speech.

The Aam Aadmi Party (AAP) on Monday raised the Pegasus spyware issue at an all-party meeting and demanded a discussion on it during the Budget Session of Parliament.

GST collectionscrossed Rs 1.38 lakh crore in January, a growth of 15 per cent over the year-ago period

FADA has given its recommendations to the Ministry Of Finance, to assist the automotive industry, as well as provide relief in the used-vehicle space.

Finance Minister, Nirmala Sitharaman will be announcing the union budget for FY2023 on February 1, 2022, and like all other industries, the auto sector is also eagerly waiting to see what is in store for them.

GST officers have busted a syndicate involved in the creation of fake firms and bogus invoices which led to a GST evasion of Rs 362 crore, the finance ministry said on Thursday.

An 'accountant' has been arrested for allegedly issuing bogus bills of Rs 1,000 crore and committing an input tax credit fraud of Rs 181 crore

The petroleum industry in the country has urged the government to bring natural gas under the ambit of GST regime

Insurance companies are seeking a separate deduction limit of Rs 1 lakh for insurance premium payment under Section 80C of the Income Tax Act in the upcoming Union Budget to bring in more people under the ambit of insurance.

The pharma industry is expecting an increase in the overall fund allocation for the healthcare sector, focus on policies that encourage R&D activities