“After paying the GST four months in a row and without receiving any refunds, small and medium enterprises are at a breaking point. There is
Month: November 2017
SMEs: What do you do when your SME is not making money? – The Economic Times–16.11.2017
Most SMEs and start-ups end up losing money as there is a confusion between the stark difference in expense, income and cash flow. While there
GST: No GST on advance taken by FMCG companies – The Economic Times–16.11.2017
NEW DELHI: In a big relief to all FMCG companies and others that take advance from dealers before they supply goods, no goods and services
GST impact: After Sept surge, ready-made garment exports drop 41% in Oct | Business Standard News–16.11.2017
After seeing an increase of around 25 per cent in exports last month, ready-made garment (RMG) exports fell by nearly 41 per cent in October.
Why are Karnataka doctors protesting? All you need to know about the Bill | india-news | Hindustan Times
The proposed Karnataka Private Medical Establishments (Amendment) Bill aims to bring more transaprency and accountability to the private health sector. (Shutterstock) Private doctors in Karnataka
peer-to-peer: Are P2P platforms safe for lending and borrowing? Find out – The Economic Times–16.11.2017
One can now borrow money from others in a more organised and a structured manner using the peer-to-peer (P2P) lending platform. Short on funds? You
Ease of doing business hasn’t improved in India, says Anil Khaitan – PHD Chamber of Commerce and Industry –The Financial Express–16.11.2017
India’s ease of doing business scenario hasn’t improved as rampant corruption still exists at lower levels and the government needs to “walk its talk” in
Congress blames haphazard implementation of GST for trade deficit ballooning to 3-year high – The Financial Express–16.11.2017
The Congress has once again hit out at the Narendra Modi government over the GST, saying that its haphazard implementation led to the ballooning of
GSTN utility for exporters to claim refunds to go live tonight – The Financial Express–16.11.2017
Merchant exporters can start claiming tax refunds using the new utility that will be activated on the GST Network portal tonight, GSTN CEO Prakash Kumar
Differentiated lending by PSBs: Here is how to get all lenders to perform – The Financial Express–16.11.2017
An interesting idea that has been mooted of late is the concept of differentiated lending by public sector banks (PSBs) based on their size. This
‘CGST, SGST payable if supplier and place of supply are in same state’ | Business Standard Column–16.11.2017 [ 24.10.2017 ]
I am a registered dealer of motor parts in the state of Bihar. A dealer from Kolkata had purchased motor parts and himself taken delivery
A monumental failure The Indian Express–16.11.2017
On November 8, 2016, Prime Minister Narendra Modi announced his decision to deprive Rs 500 and Rs 1,000 currency notes of their “legal tender” status
Is GST paid on vehicles for office purpose eligible for input tax credit? | Business Standard News
I am a doctor running an ENT hospital. As I understand this is exempted from the goods and services tax (GST). I am also planning
GST: Key changes in the last 100 days | Business Standard News
Govt extends letter of undertaking (LuT) facility to small exporters Initially the option of exporting under the LuT was made available only to certain specified
Tax evasion: Real estate coming under GST? Council to decide at Nov meet | Business Standard News
ndian Finance Minister Arun Jaitley delivers the Harvard Mahindra lecture at the Harvard South Asia Institute in Boston (Photo: PTI) Real estate is often seen
Inter-state supplies of up to Rs 20 lakh allowed without GST registration | Business Standard News
We are small service providers mostly rendering services within the state, but occasionally receive small amounts from our clients in other states. Our aggregate value
Four months into GST, transporters yet to see 30% reduction in travel time | Business Standard News
Four months into GST, transporters struggle to find efficiency. Representative image Bal Malkit Singh, the owner of Mumbai-headquartered Bal Roadlines, is facing a new challenge.
Government exempts IGST on gold imports | Business Standard News
The government has issued a notification allowing 36 banks and five canalising agencies, including MMTC and MSTC, to import gold without paying a 3 per
When exemption rules crimp operating leeway | Business Standard Column
On October 6, the Goods and Services Tax (GST) Council had decided to allow exemption for goods imported or sourced domestically by holders of advance
GST: What is the procedure to be followed in case of a sale return? | Business Standard News
Is it necessary for all commission agents to register under GST irrespective of the turnover, according to the Section 24? If not, request you to