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The Goods and Services Tax (GST) Council is expected to meet again in June to discuss the long-pending problem of taxing online gaming, horse racing, and casinos.

50th GST Council likely to meet in June: Know the Agenda

There was no marginal relief prescribed with the implication that the once the income exceeds Rs. 7 lakh (say Rs. 7.05 lakh). This would mean that increase in Income Tax would be more than the increase in Income.

Income Tax Slab FY 2023-24: What is new Marginal relief given in Finance Bill passed from Lok Sabha

A high-level Parliamentary panel has recommended that the government investigate the possibilities of implementing an online audit mechanism in GST in order to make the procedure more efficient and less intrusive.

Government to investigate possibilities of implementing online GST audit

The Lok Sabha passed the Finance Bill, 2023 with some amendments. A JPC enquiry into the Adani Group issue was demanded by opposition MPs when Union Finance Minister Nirmala Sitharaman introduced “The Finance Bill, 2023” in the lower house.

Summary of Amendments moved to Finance Bill, 2023

The government is expected to introduce a series of amendments on Friday to make revisions to the taxing ideas revealed in the budget in order to satisfy concerns highlighted by stakeholders.

Constitution of GST tribunal among 60 amendments proposed in Finance Bill 2023

According to the agenda, the Lok Sabha will debate the Finance Bill on Friday, March 24, 2023.

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50th GST Council likely to meet in June: Know the Agenda

Income Tax Slab FY 2023-24: What is new Marginal relief given in Finance Bill passed from Lok Sabha

Government to investigate possibilities of implementing online GST audit

Summary of Amendments moved to Finance Bill, 2023

Constitution of GST tribunal among 60 amendments proposed in Finance Bill 2023

Amendments to Finance Bill, 2023 (as introduced in Lok Sabha)