NPCI says over 96% of UPI merchant transactions will remain unaffected by MDR, while small merchants with monthly UPI receipts up to Rs 1 lakh remain exempt.
As GST, considered the biggest tax reform since India’s independence, completes 9 years on July 1, it has also gained near-universal acceptance among businesses as a simple and trusted digital ecosystem, according to the latest Deloitte Survey.
Acting on specific intelligence, officials of the Central Goods and Services Tax (CGST) Commissionerate, Ludhiana, have unearthed GST evasion of ₹9.43 crore in the iron and steel manufacturing sector.
Eternal, the parent company of Zomato and Blinkit, has received a Goods and Services Tax (GST) demand order of approximately ₹3.7 crore for the period April 2019 to March 2020.
New Delhi: The Centre on Friday told the Delhi High Court that any meeting of the Goods and Services Tax (GST) Council to decide on lowering or abolishing GST on air purifiers can only be held physically and not through video conferencing. A Vacation Bench of Justices Vikas Mahajan and Vinod Kumar granted the Centre.
Chandigarh: Punjab Finance, Planning, Excise and Taxation Minister Advocate Harpal Singh Cheema on Tuesday announced that the state has achieved a significant fiscal milestone in the financial year 2025-26, driven by a 16.03% surge in GST collections amounting to Rs 17,860.09 crore and a robust Excise revenue collection of Rs 7,401 crore up to November.
Punjab Desk: This year, in addition to the 4,800 machines already available in the district, approximately 320 modern agricultural machines have been made available to farmers on subsidies. Additionally, storage sites covering 62 acres have been created in 40 villages to store stubble bales. The district administration has deployed 27 cluster officers and 152 nodal.
Lowering the GST on groceries, household goods, healthcare products and even insurance gives much needed room to save more money or prioritise other essential expenses
