GST
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Khadim India to demerge distribution business by September, expects margin improvement by 100-200 bps
Khadim India Ltd, a leading footwear company, is expecting to complete the demerger of its distribution business by September this year, as stated by...
Coca-Cola’s top brass set to make high-stakes visit to India with 200-member team
James Quincey, the global chairman and CEO of The Coca-Cola Co, is set to lead a 220-member company leadership team on a visit to...
Hotel association calls for GST reform, seeks 5% rate for in-house restaurants
Hoteliers in the western region, under the banner of the Hotel And Restaurant Association (Western India) – HRAWI, have urged the government to de-link...
FHRAI seeks infrastructure status, simplified approvals, and GST reduction in pre-budget proposals for India’s hospitality sector
On Wednesday, the Federation of Hotel & Restaurant Associations of India (FHRAI) outlined a series of pre-budget expectations with the goal of reshaping the...
Delhi HC ruling upholds anti-profiteering provisions in GST, dealing a setback to leading companies including HUL, Nestle, Patanjali
In a development that may be seen as a setback for over 50 leading companies in India, the Delhi HC on Monday upheld the...
Apparel exporters lobby for tax incentives and GST uniformity in budget 2024 to stimulate domestic manufacturing
Apparel exporters body AEPC, on Wednesday, called for essential tax incentives, emphasizing uniformity in GST and enhanced interest subsidies to invigorate domestic manufacturing and...
RAI calls for demand-boosting measures in Union Budget 2024 to energize retail sector
The Retailers Association of India has recommended to the central government that the Union Budget for the fiscal year 2023–2024 should prioritize stimulating demand...
Delhi’s excise department rides high on soaring liquor sales, notching a 9% revenue surge in Q3 2023-24
Riding the wave of increased sales attributed to a growing number of shops and improved brand availability, the revenue of Delhi government’s excise department...
Hindustan Unilever faces INR 447.5 Crore GST demands and penalties from five states
Hindustan Unilever Ltd, a leading FMCG manufacturer, has received GST demands and penalties totaling INR 447.5 crore from authorities in five states. In a...
Zomato may face a minimum of 3 years of litigation over INR 400 Crore GST notice, say experts
Taxation experts suggest that Zomato, a food delivery service based in Gurugram, could face legal battles lasting three to five years. The company asserts...
Zomato shares drop 1.69% on BSE, 1.77% on NSE after INR 401.7 Crore GST notice
Zomato, the online food delivery platform, has been issued a show cause notice by the Goods and Services Tax (GST) office, totaling INR 401.7...
Zomato receives INR 401.7 Crore show cause notice from GST authority over unpaid taxes
Foodtech giant Zomato has been issued a show cause notice of INR 401.7 Crore by the Directorate General of GST Intelligence, Pune Zonal Unit....