Sonia Gandhi Reaches Out To 3 States On GST Compensation: Sources

Congress President Sonia Gandhi on Tuesday reached out to the chief ministers of West Bengal, Maharashtra and Jharkhand on the issue of compensation to states and will hold a meeting with them to evolve a collective stand at the August 27 GST Council meeting, sources said.

Week-long searches by the central GST intelligence team or DGGI on the premises of a top cement manufacturer and related dealers in Madhya Pradesh and Uttar Pradesh have led to detection of Rs 17.2 crore of goods and services tax (GST) evasion. While one of the directors of the cement major has been arrested, another director is on the run.

The GST intelligence officials have detected over Rs 17 crore tax evasion by a major cement manufacturer in Satna and arrested one of its directors, according to an official statement issued on Wednesday.

GST rates can be reduced further once the tax base increases and everyone pays taxes properly, Finance Secretary Ajay Bhushan Pandey said on Thursday.

Rahul Gandhi tweeted this morning that future Harvard Business School studies on failure would include COVID-19, demonetisation and the implementation of the Goods and Services Tax (GST).

GST intelligence officials carried out more than 50 search operations in the last one month at various premises of pan masala and cigarette manufacturers in Indore and detected tax evasion worth over Rs 500 crore, according to an official statement issued on Friday.

Dell has launched its Precision 5550 workstation laptop in India. It’s targeted at professional users such as creators and engineers. Prices start at Rs.1,29,999, excluding GST, in India.

Realme 5i and Realme 6 prices have increased once again, a couple months after they were revised due to the increased GST on smartphones in the country. Both the Realme 5i and the Realme 6 pricing has gone up by Rs. 1,000 compared to the last GST revision in April.

The man had obtained the premises on lease, and over 60 registrations had been made, both under central and state jurisdictions of the GST Act.

A Madhya Pradesh Congress politician tweeted himself into a major controversy by comparing an array of central schemes, including demonetisation and GST, to "daughters" forced upon the country to get a "son" - Vikas (development)

The Government says it is trying to extend the best possible concessions to this sector, and has lowered the GST on electrical vehicles to 12 per cent

A clear trend indicates the Auto companies' stocks are now faring better at the markets after hitting record lows during the initial phase of the Coronavirus lockdown.

Central GST intelligence officers detected a tax evasion of Rs 225 crore after they busted illegal pan masala manufacturing units in Madhya Pradesh's Indore and arrested three people for their involvement in the huge racket.

The ordinary or any parotta served by restaurant for eating there or for takeaway would be taxed at a GST rate of 5 per cent just like the plain roti, government sources said a day after social media users debated the government's move to put frozen parotta on a higher bracket than roti under the goods and services tax or GST.