Last Wednesday, the Goods and Services Tax (GST) Council met, in the backdrop of falling revenues and failure of the central government, to compensate some
Category: GST
GST rates to change only once in a year | Deccan Herald
Ignoring negative sentiments around falling GDP growth rate and some policy roadblocks, foreign portfolio investors seem to have flocked to the Indian capital market in
Circular 123 helped up Nov GST, but it’s a bad habit | Deccan Herald
Goods and Services Tax collections for the month of November 2019 crossed the magic figure of Rs 1 lakh crore (Rs 1.03 lakh crore) –
Sound decision to not raise GST rates–Economic Times
The Goods and Services Tax (GST) Council’s decisions, one, not to tinker with the GST rates despite the revenue shortfall and, two, to fix a
Cutting income tax and raising GST makes no sense. Both need to fall together–The Print
Media reports suggest that the GST Council is expected to increase rates to counter the shortfall in GST collections. At the same time, there is
Don’t raise taxes: GST Council should avoid any increase when aggregate demand remains weak–Times of India
The GST Council is scheduled to meet today in the backdrop of a serious challenge. The pronounced slowdown in economic activity has had an adverse
Re-think GST: No economy can afford to persist with a failed tax experiment | Business Standard Column
The Modi government has rolled out an ambitious spending programme for building the transport infrastructure and the provision of various goods of value to ordinary
GST compensation dues for 9 states could double to Rs 70,000 crore: ICRA | Business Standard News
Ratings agency ICRA expects just nine states to need Rs 70,000 crore as compensation for the shortfall in goods and services tax (GST) collection in FY20, on
Centre breached basic trust on which GST was designed: Kerala FM Isaac | Business Standard News
After the GST Council meeting on Wednesday, Kerala Finance Minister Thomas Isaac, a strident critic of the Centre’s policies, justifies his stance to Dilasha Seth. Edited excerpts: Is the
Brands slow in passing GST rate reduction benefits to consumers, says report – The Financial Express
The Goods and Service Tax (GST) was introduced with the purpose of simplifying the tax structure in the country and services instead of having to
Don’t raise taxes: GST Council should avoid any increase when aggregate demand remains weak–Times of India
The GST Council is scheduled to meet today in the backdrop of a serious challenge. The pronounced slowdown in economic activity has had an adverse
GST Council Meeting: Cash flow to be further impacted as GST Council lowers eligible credit under ITC to 10%–Economic Times
There has been a clamour, especially by small businesses, to reduce monthly compliances, but the Council’s move will have a bigger impact. The 38th meeting
Don’t over-react on GST | Business Standard Editorials
The Goods and Services Tax (GST) Council, the body which comprises Union and state finance ministers and oversees the indirect tax system, met for the 38th time
What are real challenges for MSMEs when they file GST return?–Deccan Chronicle
The sector contributes significantly to the industrial production, employment and exports of the country. The Micro, Small and Medium Enterprises (MSMEs) plays a vital role
GST Council may crack down on fraudulent invoices, input tax credit refunds | Business Standard News
The Goods and Services Tax (GST) Council, in its meeting on Wednesday, is expected to take up the issue of fake invoices and fraudulent input tax credit (ITC) refunds.
Arvind Subramaniyan–Ex CEA: Latest News & Videos, Photos about arvind cea | The Economic Times
Rising GST rates will aggravate economy further: Arvind Subramanian, former CEA The former CEA Arvind Subramanian feels that individual incom… via arvind cea: Latest News
GST Council waives off late fees for GSTR 1 filers; levies 28% GST on lotteries – The Financial Express
The GST council has decided to waive off late fees for all taxpayers who have filed GSTR 1, if all refunds are filed by 10
Nestle examining show-cause notice on GST benefits – The Economic Times
Leading FMCG firm Nestle IndiaNSE 0.30 % on Wednesday said it is examining the show-cause notice slapped by the National Anti-profiteering Authority (NAA) for not passing on
GST Council fixes 28% uniform tax rate for lottery – The Economic Times
GST Council fixes 28% uniform tax rate for lottery, extends GSTR 9 & 9C return filing The 38th GST Council has voted for the first time since
GST centres to help file returns – The Economic Times
With GST compliance remaining a big irritant for small businesses, the finance ministry is looking to set up facilitation centres on the lines of Aadhaar Seva Kendras
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