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GST Council Imposes 18% Tax on Sale of Used Cars: What It Means for...

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The GST Council has recently introduced a groundbreaking regulation that imposes an 18% Goods and Services Tax (GST) on the sale of used cars....
union finance minister nirmala sitharaman

GST on Health Insurance Could Drop to 5%: Major Tax Reforms Under Review

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The GST Council is considering lowering GST on life and health insurance premiums, with possible exemptions and reductions to 5% on health insurance. Final...

Coaching Business Growth: GST Collections Surge by 146% Despite NEP Efforts

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Short Description : The coaching industry in India is booming despite government efforts to curb it. This article explores the astonishing 146% increase in GST...

How GST reduced prices of essential household goods in india

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In July 2017, India underwent a significant tax reform with the implementation of the Goods and Services Tax (GST). This overhaul aimed to streamline...
Nirmala Sitharaman

Petrol and Diesel Prices Set to Potentially Decrease by Rs 20

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In a significant development that could bring relief to consumers across India, the central government is deliberating on bringing petrol and diesel under the...
New tax law for pan masala and tobacco manufacturers

GSTN Introduces GST SRM-2 Form to Combat Tax Evasion in Pan Masala and Tobacco...

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The GST Network (GSTN) has introduced a new form, GST SRM-2, aimed at enhancing transparency and preventing tax evasion among manufacturers of pan masala...

GST Investigation on Foreign Airlines: IATA Raises Red Flags

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The International Air Transport Association (IATA) has expressed significant concern over recent developments regarding the investigation initiated by the Directorate General of GST Intelligence...
union finance minister nirmala sitharaman

India’s GST Collection Increases by 10% to Rs 1.73 Lakh Crore in May 2024

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In a significant development for the Indian economy, the country's Goods and Services Tax (GST) collection has witnessed a substantial increase. According to the...

Another good news for Modi government on the economic front amid Lok Sabha elections

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INVC NEWS Mumbai  : Another good news has come for Modi government on the economic front amid the Lok Sabha elections. Gross GST (Goods and Services...
Zomato

Now ordering food from Zomato will become expensive – Zomato increased the fees by...

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INVC NEWS New York  : Now ordering food from online food delivery platform Zomato will become expensive. Zomato has increased its platform fees by 25 percent....

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