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Karnataka AAR Imposes 12% Tax on Hostel Rent and PG Accommodation

by Craig Fedirighi
Karnataka AAR Imposes 12% Tax on Hostel Rent and PG Accommodation

NEW DELHI: Students will have to shell out more for hostel accommodation as a 12 per cent GST would be applicable on the rent paid, the Authority of Advance Ruling …

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Categories Business

Hostels & PGs Increasing Rent to Incorporate Additional 12% GST Charges for Students

by Craig Fedirighi
Hostels & PGs Increasing Rent to Incorporate Additional 12% GST Charges for Students

Home Business: Students will have to pay more for rent as hostels and PGs will now attract a 12% Goods and Services Tax (GST) according to a ruling by the …

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Categories Business

AAR Determines 12% GST for Hostel Accommodation, GST Exemption No Longer Applicable

by Craig Fedirighi
AAR Determines 12% GST for Hostel Accommodation, GST Exemption No Longer Applicable

Students will have to shell out more for hostel accommodation as a 12 per cent GST would be applicable on the rent paid, the Authority of Advance Ruling said in …

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Categories Business

AAR decides that Hostel rent should be subject to 12% GST tax

by Craig Fedirighi
AAR decides that Hostel rent should be subject to 12% GST tax

MUMBAI: The GST-Authority for Advance Rulings (AAR), in two separate cases, has held that hostel rent paid by inhabitants does not qualify for exemption from goods and services tax (GST), …

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Categories Business

Next week’s GST Council meeting set to address technical challenges in online gaming

by Craig Fedirighi
Next week’s GST Council meeting set to address technical challenges in online gaming

The Goods and Services Tax (GST) Council may meet again next week to address technical issues regarding repetitive taxation in determining the face value for online gaming and casinos before …

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Categories Business

Electric car charging costs in Karnataka increase: Will other states follow suit?

by Adesola Mojo
Electric car charging costs in Karnataka increase: Will other states follow suit?

The adoption of electric vehicles in India is facing several obstacles, one of which is the lack of a sufficient charging infrastructure. In an additional development that promotes the purchase …

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Categories Automobile

How to Include 18% GST on Choco in Chikki

by Craig Fedirighi
How to Include 18% GST on Choco in Chikki

MUMBAI: It’s the perfect season for munching on the jaggery-based Indian confectionery — the good wholesome chikki. The flavours available suit every palate, from the simple sesame (til) chikki, the …

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Categories Business

30 Indian and international investors call for Prime Minister Narendra Modi’s immediate intervention regarding 28% GST on gaming, including online gaming

by Ev Richard
30 Indian and international investors call for Prime Minister Narendra Modi’s immediate intervention regarding 28% GST on gaming, including online gaming

A group of 30 Indian and foreign investors have written a joint letter to Prime Minister Narendra Modi expressing concern over the proposed imposition of 28% GST on online gaming. …

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Categories Technology

MoS Rajeev Chandrasekhar offers reassurance to the online gaming industry

by Ev Richard
MoS Rajeev Chandrasekhar offers reassurance to the online gaming industry

India’s online gaming industry reeling under the shock of 28% GST proposed by the GST Council last week, may have some glimmer of hope. The Minister of State for Electronics …

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Categories Technology

Revenue Secretary Urges Timely Filing of ITR as Government Unlikely to Extend July 31 Deadline, Confirms Revenue Secretary

by Craig Fedirighi
Revenue Secretary Urges Timely Filing of ITR as Government Unlikely to Extend July 31 Deadline, Confirms Revenue Secretary

NEW DELHI: Revenue Secretary Sanjay Malhotra has asked income tax payers to file their return at the earliest as the finance ministry is not contemplating extension of the July 31 …

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Categories Business
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