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GST on Cigarettes, Tobacco, and Aerated Beverages Likely to Increase to 35%

The Group of Ministers ( GoM ) on GST rate rationalization has suggested increasing the tax on products like aerated drinks, cigarettes, and tobacco from 28% to 35%. This new rate would create a...

GST on Cigarettes, Tobacco, and Aerated Beverages Likely to Increase to 35%
Kavi Priya

Banking Laws Amendment Bill: Finance Minister to Table Bill before Parliament

The Finance Minister, Nirmala Sitharaman, is ready to make amendments to key banking laws during the ongoing Winter Session of Parliament. Among the targeted legislations are the Reserve Bank of...

Finance Minister - Banking Laws Amendment Bill 2024 - Nirmala Sitharaman - Banking Laws Amendment Bill updates - Taxscan
Navasree A.M

55th GST Council Meeting: Know Date, Place and Agenda Here

Union Finance Minister Nirmala Sitharaman is set to chair the 55th GST Council Meeting in Jaisalmer, Rajasthan on 21st December, 2024. Originally planned for November, the meeting was delayed due...

55th GST Council Meeting: Know Date, Place and Agenda Here
Manu Sharma

Gujarat Tax Consultant Associations Request Clear GST Adjudication Guidelines like in TN to avoid Unwanted Litigation [Read Order]

The All Gujarat Federation of Tax Consultants ( AGFTC ) and the Income Tax Bar Association ( ITBA ) have jointly submitted a formal representation to the Central Board of Indirect Taxes and Customs (...

GST - Unwanted Litigation - Gujarat Federation of Tax Consultants - AGFTC - Income Tax Bar Association - ITBA - CBIC
Manu Sharma

"Border Adjustment Mechanism" Carbon Taxation by EU is Arbitrary, says FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman has expressed strong criticism of the European Union's Carbon Border Adjustment Mechanism ( CBAM ), describing it as a unilateral and arbitrary move that could...

Carbon Taxation - Border Adjustment Mechanism - Carbon Taxation by EU - Nirmala Sitharaman - taxscan
Manu Sharma

Income Tax Refund Delays: FM Nirmala Sitharaman calls on Income Tax Dept on 'X' for Resolution of Complaint

Finance Minister Nirmala Sitharaman has urged the Income Tax Department to address a citizen's grievance regarding a delayed tax refund. https://twitter.com/nsitharaman/status/1842127425360064965...

Income Tax Refund Delays: FM Nirmala Sitharaman calls on Income Tax Dept on X for Resolution of Complaint
Manu Sharma

Toilet Tax in Himachal Pradesh? CM Sukhu denies Claims

Recent reports have caused a stir in Himachal Pradesh, alleging that the state government had imposed a 'toilet tax'. According to these reports, the tax was supposedly levied at ₹25 per toilet seat...

Toilet Tax - Toilet Tax in Himachal Pradesh - CM Sukhu - Taxscan
Navasree A.M

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