Clipped from: https://www.business-standard.com/article/economy-policy/small-traders-to-gain-in-gst-relief-for-e-commerce-sellers-transport-122062901384_1.html For the transport sector, the council lowered GST to 5 per cent from 18 per cent on ropeways, renting of goods carriage, including
Day: July 4, 2022
How rupee shrugged off the fragile tag and outperformed despite shocks | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/how-rupee-shrugged-off-the-fragile-tag-and-outperformed-despite-shocks-122062901142_1.html The domestic currency has fared better than many of its emerging market peers In nominal terms, the reserves rose $99.2 billion in 2020-21
*Five years on, has GST delivered? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/blexplainer/bl-explainer-five-years-on-has-gst-delivered/article65579054.ece The objective of achieving a unified indirect tax system for a country as large and as densely populated as India was no mean
GST: What lies ahead for India’s most ambitious indirect tax reform? | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/gst-what-lies-ahead-for-india-s-most-ambitious-indirect-tax-reform-122063001481_1.html The continuation of a business-as-usual approach can undermine the GST’s ability to either raise revenues for the government or improve the ease of
Five years of GST: Mistakes that have made the regime a disappointment | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/five-years-of-gst-mistakes-that-have-made-the-regime-a-disappointment-122070100014_1.html Addressing mistakes made while introducing the tax and getting back to a revenue-neutral rate(s) constitute the agenda that awaits attention Clearly, there is
The rupee’s ‘new lows’: Why it’s not necessarily a cause for concern | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/the-rupee-s-new-lows-why-it-s-not-necessarily-a-cause-for-concern-122070101203_1.html The framers of a ‘strong currency’ policy ignore that almost every country with a successful long-term record of development has pursued a ‘weak
Next stage for GST | Business Standard Editorials
Clipped from: https://www.thehindubusinessline.com/opinion/has-gst-been-a-game-changer/article65590076.ece It will become one if restrictions on availing input tax credit are removed and Appellate Tribunals are set up Five action-packed years. Forty-seven
Has GST been a game-changer? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/has-gst-been-a-game-changer/article65590076.ece It will become one if restrictions on availing input tax credit are removed and Appellate Tribunals are set up Five action-packed years. Forty-seven
5 years of GST: Congress slams flawed GST model, promises GST 2.0 with single, low rate if returned to power – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/5-years-of-gst-congress-slams-flawed-gst-model-promises-gst-20-with-single-low-rate-if-returned-to-power/article65589466.ece GST has serious birth defects which worsened over last five years, says former Finance Minister Chidambaram The Congress Party on Friday slammed the existing
How Meeshoo helped 5 lakh small businesses go online; targets breakeven early next year – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/info-tech/how-meeshoo-helped-5-lakh-small-businesses-go-online-targets-breakeven-early-next-year/article65579436.ece ‘The move to waive compulsory GST registration will be a tailwind, making millions of small businesses come online’ Meesho, an e-commerce platform that
The rupee’s decline — need to curb volatility of capital flows – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/the-rupees-decline-need-to-curb-volatility-of-capital-flows/article65573549.ece The rupee has been declining continuously in the last three years. This has added to the inflationary pressures in the economy The second
*Cross-check data in pre-filled forms while filing income-tax return | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/form-and-fit-documents-you-must-keep-handy-to-file-income-tax-returns-122070101125_1.html The documents you collect for this purpose will prove handy if an assessing officer conducts inquiry The due date for income tax return
*Insurer to pay for closure to avert risk from rioting | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/insurer-to-pay-for-closure-to-avert-risk-from-rioting-122070300992_1.html In July 2008, there was a huge agitation against the government’s move to acquire land belonging to the Amarnath Shrine Board BBF Industries,
*Sectoral impact of the GST Council’s decisions – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/sectoral-impact-of-the-gst-councils-decisions/article65596381.ece The recent decisions will go a long way in simplifying the indirect tax system The 47th GST Council concluded in line with industry
*Bringing fuel under GST will take more time: Revenue Secretary Tarun Bajaj – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/economy/policy/bringing-fuel-under-gst-will-take-more-time-revenue-secretary-tarun-bajaj/article65598774.ece 28 per cent GST rate to continue, the merger of others a challenge Revenue Secretary Tarun Bajaj on Monday indicated that bringing fuel
*SEBI News: Sebi seeks information on companies with high ratings via ‘support structures’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/sebi-seeks-information-on-companies-with-high-ratings-via-support-structures/articleshow/92641522.cms Synopsis Sebi has asked credit rating agencies to share information on all corporates whose ratings are propped up with promoter or parent guarantees
*Why MPC should explain its failure to contain inflation to Parliament, not to govt – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/why-mpc-should-explain-its-failure-to-contain-inflation-to-parliament-not-to-govt/articleshow/92638897.cms Synopsis “The Reserve Bank of India may have multiple goals. But Monetary Policy Committee has only one — inflation control. So why did
*Need another out-of-turn rate hike | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/need-another-out-of-turn-rate-hike/2581070/ That may surprise the market enough to give the rupee some breathing room and a little upward momentum, even if temporary. Today, 16%
*Windfall tax on upstream firms to end when super profits stop: Tarun Bajaj – The Hindu BusinessLine
lipped from: https://www.thehindubusinessline.com/markets/commodities/if-the-revenue-reduces-post-higher-import-duty-on-gold-we-will-be-happy-says-revenue-secretary-bajaj/article65595030.ece Revenue Secretary Tarun Bajaj has said that higher import duty on gold is not meant for revenue augmentation. In an interview with BusinessLine, he
*Russian crude oil: Passing on the oil tax giveaway parcel – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-editorial/passing-on-the-oil-tax-giveaway-parcel/articleshow/92638926.cms Synopsis Domestic crude oil producers, which supply around 15% of the demand, have been realising better prices since the Ukraine conflict broke out.
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