Collapse of credit poses growth risk Inflation targeting and Basel III norms have squeezed bank lending. Both, government and firms have reduced borrowing A major
Day: July 3, 2017
GST is not necessarily inflationary, or anti-federal, says Asim Dasgupta–Business Line–03.07.2017
Are you happy about the GST laws? When we [State Finance Ministers] had worked out the GST framework way back in 2009 with the help
Video: Demystifying GST–Business Line–03.07.2017
What is Goods and Services Tax? Is it better for us or worse? Why do they say it’s ‘one nation one tax’, when there are
GST: Directors face higher risks for tax default–Business Standard–03.07.2017
The goods and services tax (GST), India’s new indirect tax regime, makes directors of private limited companies liable for recovery of unpaid taxes, interest or
GST: Treading on a legal minefield–Business Standard–03. 07.2017
If the present uncertainty surrounding India’s gargantuan indirect tax overhaul is an early indicator, the new goods and services tax (GST) framework is set to
Tax on rental income depends on owner’s business–Business Stanard–03.07.2017
Classifying the rent you receive from a property can be confusing when filing income tax (I-T) returns. The money received can be included in the
GST: How does the anti-profiteering law work under the new tax regime?–Business Standard–03.07.2017
I have certain queries regarding supply of goods. In our case, we normally give quantity against quantity offer: Say, if you buy 100 boxes of
Wait and watch on GST impact–Business Standard–03.07.2017
The Goods and Services Tax (GST) is a big and long-term bet, altering the economic landscape. In the old system, excise collections amounted to 3
Alarming rise in banking frauds, warns RBI–Business Standard–03.07.2017
The Reserve Bank of India’s (RBI) financial stability report (FSR) has warned that frauds in the banking system were rising alarmingly. And banks could be
Commendable GST, with regrettable flaws–Business Standard–03.07.2017
Goods and services tax (GST) and Shakespeare’s character of Hamlet have something in common. Both combine greatness with tragic flaw. The greatness of GST has
GST: How does the anti-profiteering law work under the new tax regime?–Business Standard–03.07.2017
I have certain queries regarding supply of goods. In our case, we normally give quantity against quantity offer: Say, if you buy 100 boxes of
Perfecting the GST–Business Standard–03.07.2017
The goods and services tax (GST) is now a reality. The GST might be imperfect, but it remains the best hope of knitting India together
GST impact on corporates, SMEs, MSMes: 8 key factors they need to focus on–Financial Express–03.07.2017
Kunal Chaudhary With GST ringing in the government has been true to its promise of introducing GST on July 1. With the promise complete it is
GST rollout: Chartered Accountants expect three-fold increase in tax audits post new tax regime
Amid the buzz in the country over the Goods and Services Tax (GST) rollout that took place in a special midnight session on June 30 with many
GST impact on industry: To widen tax net, make India Inc more competitive, says CII President Shobana Kamineni–Financial Express–03.07.2017
The GST rollout will impart major competitiveness to Indian industry, incentivise exports and help expand the tax net, CII said. The implementation of the crucial
How to raise GST invoice: Here are 9 important facts to note–Financial Express–03.07.2017
How to raise GST invoice: The Central Board of Excise and Customs and Commercial Department in an attempt to ease the transition to the Goods
GST implementation: Over 10,000 Chartered Accountants use ClearTax software to prepare tax returns for clients–Financial Express–03.07.2017
Following the rollout of Goods and Services Tax (GST) on July 1, businesses are gradually adjusting their accounting systems for the new tax structure. The
GST impact on economy: Shaktikanta Das snubs apprehension about price rise–Financial Express–03.07.2017
GST impact on economy: Ruling out any price rise post Goods and Services Tax (GST), former Revenue Secretary Shaktikanta Das has said such apprehensions are “misplaced”
Some curb on capital account convertibility justifiable, says Former RBI Governor YV Reddy–Financial Express–03.07.2017
Former RBI Governor Y V Reddy has said as the head of the central bank, he had resisted the full capital account convertibility of rupee
GST impact: New tax regime to boost GDP; positive for rating, says Moody’s VP William Foster–Financial Express–03.07.2017
Implementation of the GST will be positive for India’s rating as it will lead to higher GDP growth and increased tax revenues, Moody’s Investors Service
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