You may well let out a whoop of exhilaration after filing your tax return: it’s a well-merited response, considering the consequences of missing your paperwork
Month: July 2018
GST: Nowhere to hide as GST data unearths tax leakage, fraud
The GST Council has initiated analytics of a large pool of data and text gathered during the past year and released a request for proposal
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 an ‘RSS tax’, ‘bad word’ among people: Chidambaram – The Economic Times
One year of GST: It has become a ‘bad word’ among businesspersons, common citizens, says Congress Former finance minister P Chidambaram today came out all
GST: Healthy and growing at year one
It has been one year since India transited to the goods and services tax, a product of multi-party federal striving over two decades. The sky
No panic about the rupee | Business Standard Editorials
The rupee has hit historic lows against the dollar in recent weeks, leading to widespread expressions of concern about what that means for the Indian balance of
A work in progress | Business Standard Editorials
A year after its roll-out, the goods and services tax (GST) regime is still a work in progress. The actual scorecard of the new indirect tax regime
We must recognise the role of unsung heroes who made GST a reality | Business Standard Column
Amid all the celebrations to mark the first anniversary of the goods and services tax (GST), I would like to focus on the significant role
Oil and macro economy | Business Standard Column
While the Indian economy was recovering from the twin shocks of demonetisation and the Goods and Services Tax roll-out, a combination of an elevated crude oil price and a
One year of GST roll-out: Export community face a long wait for refunds | Business Standard News
A year after the new tax regime rolled in, exporters and the government continue a delicate dance over the release of Goods and Services Tax
One year of GST: After teething troubles, GSTN has stabilised, says Pandey | Business Standard News
Ajay Bhushan Pandey, chairman of GSTN, tells Dilasha Seth, Kiran Rathi and Indivjal Dhasmana how the IT backbone has transformed itself over the last one year. Edited excerpts: The GSTN portal crashed
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
GST: One year of GST: Reality check of government initiatives – The Economic Times–01.07.2018
By Saloni Roy, Ankur Goel & Pankaj Tiwari Introduction of Goods and Services Tax (GST) is a landmark indirect tax reform since independence, was introduced
Hear Arvind Subramanian, scrap the 28% GST rate–Economic Times–01.07.2018
Outgoing chief economic adviser Arvind Subramanian says that to simplify India’s goods and services tax (GST), the 28% tax slab should go. We concur. The
The Rupee: Don’t fret, start hedging–Economic Times–01.07.2018
Minister Piyush Goyal is absolutely right to allay fears over the rupee. It is true that the rupee has declined some 5% since the end
GST does will in 1st year, good course corrections – The Financial Express–01.07.2018
Well begun, the saying goes, is half done, and this is more than true for the GST which was rolled out on July 1, 2017.
Across the AISLE: Calculate price of a trade war – The Financial Express–01.07.2018
It is not the Third World War, but the consequences will be serious and will hurt all countries of the world. On the trade front,
Can ARCs ease banks’ burden? – Business Line–01.07.2018
With banks reeling under bad loans, talk of setting up a public asset reconstruction company has flowed and ebbed. In this context, we look at
NPA conundrum – Business Line–01.07.2018
The Financial Stability Report spells out the bad loan issues but falls short on solutions Despite a spate of recent efforts, the non-performing assets in
Raman quits RBI panel, says CBI chargesheet created ‘anguish’ | The Indian Express–01.07.2018
Former Canara Bank Chairman and MD S Raman, against whom the Central Bureau of Investigation (CBI) has filed a charge sheet in connection with an