The finance ministry today clarified that renting or leasing of land by farmers for agriculture, forestry, fishing or animal husbandry is exempt from the GST.
Author: Anil R Tikotekar
मी यापूर्वी बँक ऑफ महाराष्ट्र मध्ये क्षेत्रीय अधिकारी म्हणून काम करत होतो. मुंबई, पुणे, सोलापूर, कोल्हापूर व लातूर येथे काम करण्याचा अनुभव आहे . १६ वर्षे मनेजर म्हणूनही काम केले आहे तसेच बँक ऑफ महाराष्ट्र मधील ट्रेनिंग कॉलेज मध्ये शिकवण्याचा देखील अनुभव आहे. माझा इमेल aniltikotekar@gmail.com असा आहे. माझी website अजून चांगली कशी होईल याबाबत सूचनांचे स्वागतच आहे. कोणत्याही आर्थिक फायदा मिळवावा अशा हेतूने ही website सुरु केलीली नाही याची नोंद वाचकांनी घेणे गरजेचे आहे. तसेच या संकेतस्थळावर दिला गेलेला सल्लाअमलात आणण्याआधी आपल्या आर्थिक बाबी माहित असण्याऱ्या व्यक्तींचा [ जसे की CA ] सल्ला घ्यावा. समाजातील काही घटनांना थोडीशी जरी मदत झाली तरी हा प्रयत्न थोडाफार तरी यशस्वी झाला असे म्हणता येईल.
Petrol price can be cut Rs 2.65 per litre if states want; but what about Centre? Read what this report says – The Financial Express–29.05.2018
States can cut petrol price by Rs 2.65 per litre and diesel by Rs 2 a litre if they decide to forego potential additional gains out of
Modi’s IBC punch: New era for banking, SBI ex-boss Arundhati Bhattacharya says; but there’s a challenge – The Financial Express–29.05.2018
Modi’s IBC punch: With Bhushan Steel’s Rs 36,400 crore resolution under the IBC, paving the way for many more cases, former SBI Chairman Arundhati Bhattacharya said
Evaluating the IBC – The Financial Express–29.05.2018
While the conclusion of the sale of Bhushan Steel to Tata Steel via the Insolvency and Bankruptcy Code (IBC) process is confirmation that the insolvency process is
RBI shows who’s the boss – The Financial Express–29.05.2018
Monitoring the behaviour of the rupee, relative to the dollar index (DXY), over the past several months provides some insight into RBI’s current FX policy. From
GST taxing on inter-branch transactions – The Financial Express–29.05.2018
Santosh Dalvi With effect from July 1, 2017, India implemented a landmark tax reform in the form of GST, bringing about a paradigm shift in
Insolvency: Binani Cement lenders vote for UltraTech’s Rs 79.60 bn offer | Business Standard News–29.05.2018
The Committee of Creditors (CoC) of Binani Cement on Monday voted in favour of UltraTech’s Rs 79.60 billion offer. All 100 per cent votes were cast in
Electrosteel sale status quo hurting banks, lift stay: Vedanta to NCLAT | Business Standard News–29.05.2018
Vedanta Ltd on Monday asked the National Company Law Appellate Tribunal (NCLAT) to vacate its order for maintaining status quo over the sale of debt-ridden Electrosteel
SBI tackles the problem | Business Standard Editorials–29.05.2018
State Bank of India (SBI) recorded a historically high quarterly loss in January-March 2017-18, according to the results released last week. The loss, of Rs 77.18
Bad loans: Are we celebrating the outliers? | Business Standard Column–29.05.2018
To the loud, self-congratulatory tweets of policymakers and politicians, supported by the media (which is quick to declare a few data points as a major
CRISIL SME Tracker: Working capital gap widening for MSMEs | Business Standard News–29.05.2018
CRISIL’s analysis of nearly 1,700 MSMEs (annual turnover up to Rs 2.5 billion) shows that their working capital gap — or the difference between current assets and current liabilities (excluding short-term bank borrowings)
The decline of the concept of GDP – Business Line–29.05.2018
GDP number rarely reflects the true picture in any sector and the discrepancy can be significant The GDP growth rate is probably the most commonly
Centre notifies rules for execution of court order against economic offenders – Business Line–29.05.2018
The Centre has notified procedures for execution of court order to bring back economic fugitives. This will help in serving and executing warrants against fugitive
Insolvency and Bankruptcy Code: How inordinate delays can ruin the purpose of bankruptcy code – The Economic Times–28.05.2018
By Amitabh Kant In the Essar Steel matter before it, the National Company Law Appellate Tribunal (NCLAT) has stalled the resolution process, directing all concerned entities to abstain
DRI: DRI slaps IGST notice on erring exporters – The Economic Times–28.05.2018
By Sachin Dave & Muskaan Sofet The Directorate of Revenue Intelligence (DRI), primary anti-smuggling intelligence agency, is issuing show-cause notices to exporters for wrongfully availing exemptions in
Has GST hit states growth? Here’s the truth – The Financial Express–28.05.2018
A cursory look at their past performance will reveal that most states had previously registered growth rates much lower than 14% from the taxes that
GST to be levied on goods stored in customs warehouse only on final clearance: CBIC – The Financial Express–28.05.2018
The circular said that integrated tax shall be levied and collected at the time of final clearance of the warehoused goods for home consumption, which
Binani Insolvency: Dalmia moves SC again on UltraTech’s eligibility to bid | Business Standard News–28.05.2018
Just ahead of the scheduled meeting of the Committee of Creditors (CoC) of Binani Cement, which is undergoing bankruptcy proceedings, the Dalmia Bharat Cement-led consortium has moved Supreme Court for the
After 11 months of inception, SEZ Rules yet not aligned with GST laws | Business Standard News–28.05.2018
It is almost 11 months since the Goods and Services Tax (GST) came into being. Yet, the necessary consequential changes have not been made in the Special Economic
RBI’s efforts may not be enough | Business Standard Column–28.05.2018
The next Reserve Bank of India (RBI) Monetary Policy Review in early June will be watched with keen interest. Inflation is rising, fourth quarter (Q4) results are
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