Prime Minister Narendra Modi has assured farmers that the Cabinet would decide this week on fixing the minimum support price (MSP) for kharif crops at
Month: July 2018
One year of GST: Formalising the informal economy – The Financial Express
The numbers have been largely based on anecdotal reconciliation in the informal economy due to a lack of reliable data points, instead of hard, reliable,
One year of GST: Compliance still a challenge for small business owners | Business Standard News
The goods and services tax appears to have bedded down after initial hiccups, with more than 4.5 million new taxpayers in the system. While large
Govt grants refund of CVD, SAD paid for regularisation of defaults: Expert | Business Standard News–03.07.2018
We had imported certain capital goods under EPCG authorisation before introduction of GST. We are unable to export our goods. So, we want to regularise
Mehta panel submits 5-point plan to fight NPAs – Business Line–03.07.2018
The high-level committee on restructuring stressed assets and creating more value for public sector banks (PSBs) has suggested a transparent market-based solution with a focus
‘GSTfying’ petroleum – Business Line
Soaring fuel prices have been the talk of the town lately and fairly so. Even a meagre increase in fuel price not only impacts the
Borrowing gets harder, Modi government has lesser money to spend | The Indian Express–03.07.2018
All ruling parties seek to open the public spending tap in their last year before elections. But that option may be closing for the Narendra Modi government.
GST in progress | The Indian Express
The introduction of this tax has also led to a number of businesses now becoming part of the tax net. One year may be too
One year after: the GST anniversary – The Hindu
Since its midnight launch on July 1 last year, India’s Goods and Services Tax regime has evolved significantly. There have been serious implementation issues, but
Part II–Goods and Services Tax Council to meet on July 21 | वस्तू व सेवा कर : अर्थ आणि अनर्थ | Loksatta
स्तू व सेवा कराचे भवितव्य राजकीय वाऱ्यांवर अवलंबून असल्याने २१ जुलैची बैठक महत्त्वाची ठरणार आहे.. दूध आणि मर्सिडीज मोटार यांना एकाच करात तोलणार का, असा
Part I–issue with Goods and services tax after one year | वस्तू-सेवा कराचा ‘अर्थ’.. | Loksatta–03.07.2018
वस्तू आणि सेवा कराची पंचरंगी कररचना- शिवाय त्यावरील उपकरांना वाव- त्रुटीपूर्ण असल्याची कबुली आर्थिक सल्लागार देतात; हे स्वागतार्हच.. वस्तू आणि सेवा कराचा पहिला वर्धापन दिन
GST | Narendra Modi: GST may not be the best in class, but it is far better than the earlier system
Growth fell in the first year of GST’s implementation. From 7.1% in 2016-17, GDP growth rate fell to 6.7% in 2017-18. A ‘good and simple
GST may have had an inflationary push – The Financial Express
The impact of GST on inflation is nebulous. This is so because, whenever a tax regime changes, there are myriad tax rates which undergo a
Best of GST yet to come: Jaitley – Business Line
Union Minister Arun Jaitley said on Sunday that the best of Goods and Services Tax (GST) is yet to come. At the same time interim
Fuel prices won’t come down under GST: Adhia – Business Line
Hasmukh Adhia has seen it all. The Union Finance Secretary has been in the thick of all things to do with the GST: from rate
‘Petrol and diesel cannot be brought under GST just yet’ – Business Line
As Bihar’s Finance Minister, and the chair of an Empowered Committee of State Finance Ministers on GST, Sushil Kumar Modi has been associated with both
Well begun, half done – Business Line
One year after the introduction of the epochal Goods and Services Tax (GST), it is only too easy to pounce on the glitches that have
GST has raised tax burden on common man, says P Chidambaram – Business Line
Former finance minister P Chidambaram today came out all guns blazing against the GST regime on its first anniversary, terming it an “RSS tax” that
GST implementation in India not disruptive, says Jaitley – Business Line
Stressing that India has been able to implement the major indirect tax reform GST in a least disruptive manner, Union Minister Arun Jaitley today said
‘GSTN is very responsive to taxpayer needs’ – Business Line
The GST Network (GSTN) is the IT backbone of the Goods and Services Tax regime. Though the system faced a lot of flak initially, with