Over the months GST had stabilised above the one lakh crore mark. The government needs over a lakh of crores in GST in order to
Month: July 2019
Service tax arrears rise to Rs 1.66 lakh crore in FY18: CAG report – The Economic Times
Total service tax arrears rose to Rs 1.66 lakh crore in 2017-18, up from Rs 1.18 lakh crore in the preceding financial year, said a CAG
GST: An arduous journey so far & how the road ahead looks like – The Economic Times
By Sohrab Bararia The goods and servicesNSE -0.32 % tax (GST) was ushered in to create a common national market. As a far-reaching fiscal reforms, GST aimed to provide
GST: GST return filing remains less than desired, GSTR-3B compliance around 60 percent–Economic Times
Two years after the landmark goods and services tax (GST) amalgamated 17 different central and state levies, returns filing under the new indirect tax regime
New credit scheme for small, medium enterprises to encourage job creation: Gadkari – The Economic Times
“The aim is to raise this target to 50 per cent of GDP and increase the number of people getting employment from SME sector,” Gadkari
GST: Two years of GST: The past, present and expectations–Economic Times
The way things are functioning it appears that the journey is still midway for the authorities and businesses and much has still to be achieved.
Has corruption increased since demonetisation? Nirmala Sitharaman says YES – The Financial Express
For the government that has striven to clamp down corruption with mottos like “maximum governance, minimum government’ and with all the hoopla caused by GST
Direct Tax code: Concise, coherent and consolidated tax structure – The Financial Express
On the direct tax side, the Wealth Tax Act, 1957, was scrapped and a panel constituted in November 2017 to rewrite the existing Income-tax Act.
Farm crisis: The more govt intervenes, growth suffers, says NITI Aayog member Ramesh Chand – The Financial Express
Ramesh Chand: Agriculture has been in focus for both positive and negative reasons. The sector provides livelihood to close to half of India’s population and it
Two years of GST: Fewer rates, wider net must for economic gains – The Financial Express
As the Goods and services tax (GST) completed two years on Monday, it has barely become the good and simple tax that it was meant
Banks, insurers hold over ₹32,000 crore as unclaimed deposits – The Hindu BusinessLine
Over ₹32,000 crore is lying as unclaimed deposits with banks and insurance companies, the government informed the Lok Sabha on Monday. Any account not operated
‘GST has proved to be consumer-, assessee-friendly’ – The Hindu BusinessLine
Today, the Goods and Services Tax (GST) regime has entered its third year. It would, therefore, be only fair to look back at the last
GST collection dips below ₹1 lakh cr in June – The Hindu BusinessLine
‘Dishonest traders’ have to face the music, warns govt After three successive months of ₹1-lakh-crore plus mobilisation, collection from the Goods & Services Tax (GST)
All you need to know about…shares with superior voting rights – The Hindu BusinessLine
After much debate on enabling shares with differential voting rights, the Securities and Exchange Board of India (SEBI) recently allowed listing of companies with shares
Labour market scene worsens in June, unemployment at 7.9% from 7.2% in May | Business Standard Column
Labour market conditions deteriorated during June 2019. The unemployment rate rose to 7.9 per cent in June 2019. It was lower at 7.2 per cent
Dollar dominance and Donald Trump | Business Standard Column
America’s share of global output has fallen sharply since the Second World War but its currency has retained its supreme position. The US dollar (hereafter ‘the dollar’)
Two years of GST regime | Business Standard Column
Today marks the beginning of the third year since the Goods and Services Tax (GST) was launched. The government and its cheerleaders will praise the
Rethinking circular economy | Business Standard Column
I am inside a dark and dingy “factory”, looking at plastic waste being recycled. This was after I went to see how plastic waste — from our homes —
From theft charge to long-standing disputes, here’re the key court orders | Business Standard Column
Company is employer, not its directors The Calcutta High Court has ruled that the term ‘employer’ does not include the director of a company. It
Traders must furnish all information called for by authorities: Expert | Business Standard News
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