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GST on Popcorn: All You Need to Know About New Tax on Movie Snacks

Popcorn has always been a favorite companion during movie nights. But recently, it has become the center of discussions about taxation. The 55th GST Council’s decisions on how popcorn is taxed have...

GST on Popcorn: All You Need to Know About New Tax on Movie Snacks
Kavi Priya

Pre-Budget Discussions with PM: Economists recommends for Income Tax Cut Rate 

In a strategic pre-budget consultation, Prime Minister Narendra Modi met with leading economists to discuss the upcoming Budget 2025. The discussions focused on critical areas such as...

Pre-Budget Discussions with PM: Economists recommends for Income Tax Cut Rate 
Navasree A.M

55th GST Council Meeting Proposes to Reduce 25% Pre-deposit to 10% for Penalty Appeals u/s 107 & 112 of CGST Act

The 55th Goods and Services Tax ( GST ) Council meeting, held on December 21, 2024, in Jaisalmer, Rajasthan, proposed a significant amendment to Sections 107 and 112 of the Central Goods and Services...

55th GST Council Meeting Proposes to Reduce 25% Pre-deposit to 10% for Penalty Appeals u/s 107 & 112 of CGST Act
Avinash Kurungot

India's wealth tax debate: Should Super-Rich be Made to Pay more?

India has one of the highest levels of wealth inequality in the world, with the richest 1% owning more than 40% of the country's wealth. While economic growth has raised hopes for a better future, it...

tax debate - Super-Rich be Made to Pay - Indias wealth tax debate - Taxscan
Kavi Priya

55th GST Council Approves Concept Note for Simplifying Registration for Small Businesses

The Union Finance Minister Nirmala Sitharaman chaired the 55th meeting of the GST Council today (21st December 2024) at Jaisalmer, Rajasthan. During this meeting, the Council gave in-principle...

55th GST Council Approves Concept Note for Simplifying Registration for Small Businesses
Sneha Sukumaran Mullakkal

GST Council Proposes Amendment in Functionality of Invoice Management System (IMS)

The Union Finance Minister Nirmala Sitharaman chaired the 55th meeting of the GST Council today ( 21st December 2024 ) at Jaisalmer, Rajasthan. The council recommended amending section 38 of CGST...

GST Council Proposes Amendment in Functionality of Invoice Management System (IMS)
Yogitha S. Yogesh

Rentals of Premises by Small Traders to Unregistered Businesses to be Exempt from GST

The Finance Minister of our country, while addressing the nation through the press conference after the GST council meeting, made it clear that the small traders who rent their premises to...

Rentals of Premises by Small Traders to Unregistered Businesses to be Exempt from GST
Saagarika Gopinath

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