India GST Council Plans to Levy 28 Percent GST on Crypto Transactions: Report

Indian tax authorities are exploring the implementation of a 28 percent goods and services tax (GST) on all cryptocurrency transactions, adding to a 30 percent tax on profits from crypto-asset trading that kicked in on April 1.

Senior Congress leader P Chidambaram on Thursday took a dig at the Centre over the Rs 78,704 crore it owes to the states in GST compensation, saying it would be interesting to know why the Finance Ministry "embarrassed" Prime Minister Narendra Modi b

Chhattisgarh Chief Minister Bhupesh Baghel on Wednesday said that he will discuss issues like Good and Services Tax, Naxal-affected areas and their development and other issues concerning the state during his meeting with Home Minister Amit Shah.

Claiming that there was no internal unrest in the Maha Vikas Aghadi (MVA) government in Maharashtra, Chief Minister Uddhav Thackeray on Saturday said a befitting reply is being given through development works to those trying to topple it.

Indian government announced on Monday that it had recovered over Rs. 95 crore from 11 cryptocurrency exchanges including WazirX, Coin DCX, CoinSwitch Kuber, Buy Ucoin, and UnoCoin in GST evasion cases.

A jewellery firm director was fined SGD104,400 on Wednesday for conspiring with five Indian tourists to unlawfully obtain goods and services tax (GST) refunds that they were not entitled to.

The CBI has arrested a senior intelligence officer, working in the office of the Directorate General of GST Intelligence (DGGI) in Ghaziabad, for allegedly taking a bribe of Rs 60 lakh, officials said on Sunday.

Maharashtra Deputy Chief Minister Ajit Pawar on Wednesday rejected the demand of BJP legislators to make "The Kashmir Files" tax-free in the state, saying if the Centre waives GST on the movie, it will apply to the entire country.

Pizza was among the top trends on Indian Twitter, and the reason was that pizza toppings were said to attract a higher GST at 18%.

Introduction of GST impacted prices of many things people use in their daily lives including automobile prices.

A team of CGST Commissionerate, Raigad, Mumbai Zone, busted a fake GST input tax credit (ITC) racket and arrested the proprietor of a Kalamboli-based firm named Zaid Enterprises on Saturday.

The Central Goods and Services Tax (CGST) Commissionerate in Navi Mumbai on Wednesday said it has busted a racket of fake input tax credit (ITC) invoices worth Rs 21 crore and arrested the proprietor of a firm.

The Maharashtra GST department has arrested a couple from Surat in neighbouring Gujarat for tax evasion and an input tax credit (ITC) fraud of over Rs 450 crore, an official said on Friday.

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.