We had reported that National Anti-Profiteering Authority has been empowered with special laws and regulations, and has the power to even shut down a business if GST benefits are not passed on.
Late Atal Bihari Vajpayee served the Parliament for record 47 years - He was a 12-terms Parliamentarian, having served Lok Sabha for 12 terms, and Rajya Sabha for 2 terms.
Govt. of India has now asked National Anti-Profiteering Authority (NAPA) to act strictly against those businesses, which are not passing GST rate cut benefits to the end users. As per reports coming in, leading food brands such as…
As per fresh data revealed by the Govt., more than 2 lakh new taxpayers have entered the tax-net, and they have collectively deposited more than Rs 6000 crore to the Income Tax Dept.
GST Council has finally approved the long-pending demand for incentives on cashless payments of GST, for the customers. However, at the same time, Govt has withdrawn 66% discount on cashless payments for buying petrol and diesel.
All through the day, speculations were rife that Flipkart has failed to pass the benefits of GST cuts to the end-users, thereby violating anti-profiteering laws.
Removal of GST from sanitary pads, and zero GST on rakhi are some of the prominent announcements. Besides, GST Filings have also been made easier.
Hereby, we will present 5 hits of GST, which promises a new beginning; 5 misses of GST, which shouldn’t have been missed.
As per some insiders sources, Indian Railways drew criticism from all quarters, because of this decision to impose a penalty on extra luggage.
In a very strange move, Income Tax Dept. last month had issued a notification wherein every bank was ordered to pay GST on free banking services rendered to bank customers who are maintaining minimum bank balance. As per latest updates…