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
Category: GST
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
GST must be fixed and this involves changing rates – The Financial Express
Both Fifteenth Finance Commission chief NK Singh and West Bengal finance minister Amit Mitra have argued, separately, that the GST Council—when it meets later today—must
What India can do to achieve a spurt in economy — Vijay Kelkar & Ajay Shah say in new book
Goods and Services Tax is an important policy change taken up by the government but it failed in terms of implementation, which was “not taken
Amid reports of GST rate hike, former chief statistician tells why it may not help much – The Financial Express
Amid reports of the GST Council mulling rate hike, Pronab Sen, Former Chief Statistician of India said that the possible move may not help much
Solution to shore up revenues does not lie in depriving GST of its progressive character – The Financial Express
By G Gokul Kishore The GST Council is scheduled to meet on December 18 with the agenda to arrest falling collections. The shortfall in revenues
GST: Promoters move high court over taxman’s power to arrest, attach accounts – The Economic Times
A dispute over the taxman’s power to arrest promoters of companies and attach their bank accounts over suspected evasion of goods and services tax has reached the
