The US has started rolling out for India its Global Entry programme which allows for expedited clearance of pre-approved, low-risk travellers. Indian Ambassador to the
Day: July 4, 2017
RBI flags concern over rising cyber attacks–Business Line–04.07.2017
Calls for caution at all levels, stresses on increasing awareness While migration to digital payments bodes well for the country, both in terms of cutting
With Octroi gone, no pit-stops, and ‘an end to a million worries’–Business Line–04.07.2017
Mumbai had five Octroi check posts – Vashi, Dahisar, Mulund, Thane and Airoli – which collected about ₹7,600 crore in the year ended March 31,
Bank loans to individuals: Growth hits slowdown in May–Financial Express–04.07.2017
The growth in bank loans to individuals was 13.7% year-on-year (y-o-y) in May, compared with 19.1% recorded in the same month of 2016, data released
GST implementation: Here is why we should celebrate with caution–Business Line–04.07.2017
Taxes and death are inevitable, but the attempt always is to make them less painful. It was Lord Keynes who stated, “… Ultimately, it is
GST implementation: Dawn of a new era; government should ask for only GSTN level data–Financial Express–04.07.2017
Rahul Renavikar The concessions and the structural adjustments made all along the path certainly has made the Indian GST less efficient. The biggest adjustment was to
GST impact on taxes: Short term disruption will hit indirect taxes but demonetisation will boost collections–Financial Express–04.07.2017
With better compliance resulting from a large number of businesses moving into the formal economy, tax revenues in the post-GST regime will get a boost—the
GST India 2017: Exporters need not pay IGST if bond furnished
In case the IGST has been paid, the exporters can seek refund of the tax paid, according to a Customs circular on export procedure in
How to set off loss of income from house property; Find out in brief–Financial Express–04.07.2017
The limit of Rs 2 lakh is applicable irrespective of the nature of house property (i.e. whether self-occupied or let out or deemed to be
GST–It took 3 decades and many hands–Business Standard–04.07.2017
The new goods and services tax (GST) regime is the culmination of a process that began in 1985, with the introduction of the Modvat (Modified
The pros and cons of RBI rate cut
What is required is change of growth strategy, from foreign finance-led to exports & domestic growth Outside the Monetary Policy Committee (MPC) of the Reserve
Flipkart seeks tips from users to make inroads into smaller towns
Flipkart is reaching out to customers from smaller towns to help figure how to grow its business beyond the large metros. The country’s largest e-commerce
Want us to carry your goods? Show GST number first: Transporters to traders–Business Standard–04.07.2017
Transport companies are now insisting traders furnish their GST numbers before accepting goods for transportation anywhere. Traders who have not acquired GST numbers will not
GST: 5-member panel to pick anti-profiteering body–Business Standard–04.07.2017
The Goods and Services Tax (GST) is a uniform indirect tax levied on goods and services across the country. Photo: PTI The five-member panel to
Slow and unsteady–Business Standard–04.07.2017
On May 1, a new piece of legislation governing the real estate sector came into force. The Real Estate (Regulation and Development) Act, 2016, was
Farm loan waivers not easy to implement–Business Standard–04.07.2017
The clamour for farm loan waivers does not seem to be abating, even if it has been pushed to the back pages for now by
GST: Filing maze awaits assessees
It would take some time before assessees get used to filing returns under the goods and services tax (GST) regime, even as the government has
GST impact: Queues of trucks across 22 states get shorter–Business Standard–04.07.2017
In the previous value-added tax (VAT) regime, central sales tax was charged during inter-state movement of goods. To avoid that, companies used to do
Regulatory deficit shouldn’t halt sale; don’t penalise real estate for missing Rera–Economic Times–04.07.2017
The Centre has debarred real estate developers from marketing ongoing projects that are yet to be registered with the real estate regulatory authority (Rera) in
GST Simplified–Economic Times–04.07.2017
All Questions Q. What is the threshold limit for audit under GST? A.Threshold limit for audit of accounts as specified under sub-section (5) of section
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