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Companies are expected to tell officials that delivery fees are not accounted for as revenue, but passed on to delivery workers and hence cannot be taxed. ....
Swiggy Zomato Tax Notice: Companies are expected to tell officials that delivery fees are not accounted for as revenue, but passed on to delivery workers and hence cannot be taxed. ....
Chief Economic Adviser K V Subramanian said the cut in corporate tax rate will foster investment, and as a result that should take care of the GST collections target. He expressed hope that the collections will improve in the coming months. ....
Updated: Experts warn second wave more lethal for businesses too, moot an urgent rescue act Share Article AAA A health worker uses an oximeter to monitor the pulse and oxygen saturation levels. File | Photo Credit: NAGARA GOPAL Experts warn second wave more lethal for businesses too, moot an urgent rescue act The Goods and Services Tax (GST) Council, meeting this Friday, after a gap of over seven months, should prioritise giving relief on the taxes levied on COVID-19 vaccines and critical medical supplies, and rationalise GST rates to provide relief to sectors that are worst hit by the second wave, according to regulatory experts. ....
CBIC relaxes GST refund rules, allows taxpayers to withdraw application CBIC has amended Goods and Services Tax (GST) rules and has excluded the time period from date of filing of refund application to date of issuance of deficiency memo PTI | May 20, 2021 | Updated 16:22 IST The Central Board of Indirect Taxes and Customs (CBIC) has rationalised GST refund provisions, including giving option to taxpayers to withdraw application. It has amended Goods and Services Tax (GST) rules and has excluded the time period from date of filing of refund application to date of issuance of deficiency memo by the officer from the overall time limit to file refund application. ....