New Delhi, Sep 12 (IANS) The Association of Healthcare Providers – India (AHPI) on Friday issued a formal notice to Star Health Insurance against “unfair practices” and warned suspension of cashless services for its policyholders by hospitals. New Delhi, Insurance companies will not be able to claim input tax credit on GST paid on inputs […]
New Delhi, Mother Dairy on Tuesday said it will pass on 100 per cent GST reduction benefits to consumers and most of its products including value-added dairy products and processed foods (under Safal brand) will become cheaper with effect from September 22. Mother Dairy, a wholly-owned subsidiary of National Dairy Development Board (NDDB), said that […]
The National Financial Reporting Authority (NFRA) is planning a major hiring exercise and is likely to fill around 35 vacant positions over the next three to four months, a person aware of the matter told ETCFO. Recruitment has already begun for senior-level roles such as General Manager, Chief General Manager, and Deputy General Manager. However, […]
Food delivery through platforms such as Zomato, Swiggy and Magicpin will become more expensive for consumers from September 22, with an 18% GST now applicable on delivery charges. The levy comes in addition to the recent increase in platform fees imposed by these companies ahead of the festive season. Swiggy has hiked its platform fee […]
New Delhi, The Central Board of Direct Taxes has decided to further extend the due date for filing the Income Tax Returns (ITRs) for Assessment Year (AY) 2025-26 from September 15 (Monday) to September 16 (Tuesday), a notification read. Taking to X late on Monday night, Income Tax India, which is the official account of […]
Mumbai: Many social media content creators, script writers, ad professionals, and consultants could find themselves in a bind while dealing with the tax office. Some of them have been questioned by the Income-tax (I-T) department for filing returns under a section of the law that in most cases allows a lower tax outgo. In the […]
GST reforms (AI image) The GST rate rationalisation exercise has been lauded by industry and the consumers alike – with many delaying buying insurance, automotive goods, consumer products, and construction materials among others till September 22, 2025. Despite the enthusiasm of the imminent consumption boost there lie several questions which have remained unanswered. For instance […]
New Delhi, The recent GST overhaul, which reduces vehicle prices by 3-9 per cent across categories, is likely to accelerate the automobile sector’s growth rate to 4-14 per cent compounded annual growth rate (CAGR) till FY28, a report said on Monday. The lower prices would lead to better affordability, increases in first-time buyer numbers and […]
Goods and Services Tax (GST) The Central Board of Indirect Taxes and Customs (CBIC) on Friday issued a fresh clarification on how secondary or post-sale discounts should be treated under GST, addressing doubts for manufacturers, dealers, and distributors. The move is aimed at bringing uniformity in implementation across tax authorities and reducing disputes. Full ITC […]
Ranchi: The income tax department’s Jharkhand unit has sought permission from the Central Board of Direct Taxes (CBDT) to initiate steps for cancellation of licences of several chartered accountants (CA) for helping hundreds of people evade taxes in the name of political funding. Several of the CAs are also among the tax evaders, I-T department […]
