Tag: GST

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Infosys denies evading payment of GST; asserts co in compliance with all regulations

Key TakeawaysInfosys denies evading payment of GST and asserts compliance with all tax regulations.The company believes that GST is not applicable to certain expenses,...

How each rupee earned and spent by Govt

Key TakeawaysThe government earns 27 paise of each rupee from borrowings and other liabilities.Income tax contributes 19 paise of each rupee earned, up from...

28 percent GST on gambling buy-ins, not winnings: Nirmala Sitharaman

Key TakeawaysThe 28 percent GST targets only the gambling buy‑in, leaving winnings tax‑free.Nirmala Sitharaman confirmed the rule after the 51st GST Council meeting.Implementation is...