Clipped from: https://economictimes.indiatimes.com/small-biz/gst/five-years-of-gst-baby-out-of-the-cradle/articleshow/92561256.cms Synopsis Whenever the history of Indian GST is written, the impact of technology in its implementation and execution would invariably be a major
Author: Anil R Tikotekar
GST’s half-a-decade journey: Tech usage to plug revenue leaks, Rs 1.3 lakh cr monthly tax ‘new normal’ – The Economic Times
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gsts-half-a-decade-journey-tech-usage-to-plug-revenue-leaks-rs-1-3-lakh-cr-monthly-tax-new-normal/articleshow/92566377.cms Synopsis Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essential items and
aspirational district: 213 districts, 500 blocks identified to scale up Aspirational District model – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/213-districts-500-blocks-identified-to-scale-up-aspirational-district-model/articleshow/92582245.cms Synopsis The Union government has been preparing since January when it asked all central ministries to identify ‘low performing districts’. An inter-ministerial committee
Five years of GST: How Centre-state bickering on the tax’s pickings can be resolved – The Economic Times
Clipped from: https://economictimes.indiatimes.com/opinion/et-commentary/five-years-of-gst-how-centre-state-bickering-on-the-taxs-pickings-can-be-resolved/articleshow/92581899.cms Synopsis To be sure, the Union government, too, is fiscally challenged, having had to undertake a huge step-up in its social welfare spending,
High inflation globally to stay longer as war and sanctions take toll on economies: RBI report – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/high-inflation-globally-to-stay-longer-as-war-and-sanctions-take-toll-on-economies-rbi-report/articleshow/92580283.cms Synopsis RBI said the shock waves from the war in Ukraine and retaliatory economic and financial sanctions (on Russia) have jolted the global
Equity can be a risky asset class even when you don’t invest in the stock market. Here’s how. – The Economic Times
Clipped from: https://economictimes.indiatimes.com/prime/money-and-markets/equity-can-be-a-risky-asset-class-even-when-you-dont-invest-in-the-stock-market-heres-how-/primearticleshow/92554358.cms SynopsisMoving in and out of the market could lead you to miss out on days when market is in a good mood. As
New Labour Codes: Pay, leaves and work hours: How the new labour codes impact you – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/pay-leaves-and-work-hours-how-the-new-labour-codes-impact-you/articleshow/92562758.cms Synopsis The new codes also allow increase in the maximum number of overtime hours from 50 hours (under the Factories Act) to 125
Changes in GST rates to take effect from July 18 – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/finance/changes-in-gst-rates-to-take-effect-from-july-18/articleshow/92557228.cms Synopsis The wider reform of the GST slabs has been put off as the council gave the group of ministers (GoM) on rate
GST council gives relief to transport sector, small online businesses – The Economic Times
Clipped from: https://economictimes.indiatimes.com/news/economy/policy/gst-council-gives-relief-to-transport-sector-small-online-businesses/articleshow/92538117.cms Synopsis The council has also waived the compulsory registration norms for small businesses with annual turnover up to Rs 40 lakh and Rs
New Credit Rules | Pan Aadhaar Linking: TDS on crypto, new credit card rules, higher PAN-Aadhaar linking fine: 5 changes coming into effect from July
Clipped from: https://economictimes.indiatimes.com/wealth/save/tds-on-crypto-new-credit-card-rules-higher-pan-aadhaar-linking-fine-5-changes-coming-into-effect-from-july/articleshow/92535810.cms Synopsis There will be a number of big financial changes in the month of July. Here are five monetary adjustments that will take
Russia may be India’s biggest crude supplier in June, a historic first | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/russia-may-be-india-s-biggest-crude-supplier-in-june-a-historic-first-122063000730_1.html?code=NTM4OTU9MTIyMDYzMDAwNzMw Russian oil is on pace to account for 21 per cent of all imports into India, shrinking the shares of Iraqi and US
Seven states among top achievers in ‘ease of doing business’ ranking | Business Standard News
lipped from: https://www.business-standard.com/article/current-affairs/seven-states-among-top-achievers-in-ease-of-doing-business-ranking-122063000644_1.html?code=NTM4OTU9MTIyMDYzMDAwNjQ0 Andhra Pradesh, Gujarat and Telangana are among the seven states categorised as top achievers in the ranking of states and Union Territories based
50K startup workers stare at job loss as India preps for 200 new unicorns | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/50k-startup-workers-stare-at-job-loss-as-india-preps-for-200-new-unicorns-122063000409_1.html?code=NTM4OTU9MTIyMDYzMDAwNDA5 As startups in India keep firing their staff to navigate through the ‘funding winter’ and more than 60,000 can lose their jobs in
GST: Five years stronger | The Indian Express
Clipped from: https://indianexpress.com/article/opinion/columns/gst-five-years-stronger-8001468/ GST faced teething troubles. But five years later, it has survived the turbulence, emerged better The GST Council has played a crucial role
Five years on, has GST delivered? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-opinion/five-years-on-has-gst-delivered/article65583623.ece The objective of achieving a unified indirect tax system for a country as large and as densely populated as India was no mean
IBBI proposes 0.25 per cent ‘regulation fee’ – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/ibbi-proposes-025-per-cent-regulation-fee/article65583655.ece Move will escalate the cost of resolution, reduce recoveries for creditors: Experts Insolvency regulator IBBI proposes to levy a “regulation fee” of 0.25
Next stage for GST | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/next-stage-for-gst-122062901335_1.html Rate rationalisation will be critical The 47th meeting of the Goods and Services Tax (GST) Council, which ended on Wednesday, was perhaps one of the
Europe first | Business Standard Editorials
Clipped from: https://www.business-standard.com/article/opinion/europe-first-122062901342_1.html Russia-Ukraine war will preoccupy the G7 for a long time The recently concluded G7 summit in Bavaria highlighted the reality that the war in Ukraine will continue
GST: More than just a tax reform | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/gst-more-than-just-a-tax-reform-122062901372_1.html Going forward, we also need to look at inclusion of items in the GST from a larger macro perspective The goods and services tax (GST)
Surat’s textile hub consolidated as small players failed to survive GST | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/surat-s-textile-hub-consolidated-as-small-players-failed-to-survive-gst-122062900849_1.html This ground report from the diamond city captures the travails of small-scale units A big blow to the industry in the first year