GST Council Proposes Interest, Penalty Waiver on Tax Dues The Goods and Services Tax (GST) Council Saturday empowered tax authorities to waive interest and penalties on past tax demands, reduced the pre-deposit amount for filing appeals, fixed monetary limits for appeals against assessees at various legal forums and set a sunset date for anti-profiteering cases in a range of decisions aimed at easing doing business in the country.
The Latest Buzzin Electronics & Cars — UpgradeHyundai Motor India gave the third significant upgrade to its flagship sports utility vehicle Creta this January, almost nine years after its launch in 2015 and about four years after its second generation in 2020.
States Seek Infra, Rural Push in BudgetStates sought higher special assistance for capital investment, increased allocations for rural schemes and a boost for housing programmes at their pre-budget meeting with finance minister Nirmala Sitharaman on Saturday.