The Goods and Services Tax (GST) Council has done what it should have done five months ago: Reduce drastically the number of items in the
Category: GST
FM did not apply mind on GST, PM should remove him: Yashwant | Business Line–11.11.2017
Veteran BJP leader Yashwant Sinha today launched a fresh attack on the government, saying that Finance Minister Arun Jaitley had not applied his mind while
GST–Yashwant Sinha calls for PM Modi to replace Jaitley ‘for making a mess of GST’ | india-news | Hindustan Times–11.11.2017
Senior BJP leader Yashwant Sinha urged Prime Minister Narendra Modi on Friday to replace Union finance minister Arun Jaitley over issues with the Goods and
Narendra Modi: Modi’s preoccupation with presentation can cost him dear, says The Economist–10.11.2017
Prime Minister Narendra Modi is losing his air of invincibility which had gathered around him after the Bharatiya Janata Party (BJP) won a landslide victory
GST: Businesses can revise GST transition claim form now – The Economic Times–10.11.2017
GST Network on Friday said businesses can now make changes to the forms uploaded on the portal to claim transition credit. “The facility to revise
GST grievances: Centre likely to announce procedure to address GST-related issues promptly – The Economic Times–10.11.2017
The government is looking to announce a procedure wherein the GST Council can address issues related to the indirect tax regime either suo motu or
Goods and Services Tax: Make the network work–10.11.2017
By Najib Shah The launch of the goods and services tax (GST) on July 1was hailed as ‘transformational’. Four months down the line, all kinds
Why compliance is low in GST | Business Line–10.11.2017
Good and simple tax? Well, not many seem to agree to that now. The number of registrations is inflated and does not represent the actual number
The Economy Debate-Mr. P Chidambaram and Mr. Rajiv Kumar– Business Today–10.11.2017
http://www.businesstoday.in/magazine/features/indian-economy-p-chidambaram-gst-job-creation-fiscal-stimulus-agriculture-crisis/story/262124.html The Indian economy is being buffeted by a series of crises. Economic growth has slowed down considerably. This has led to lower private investment,
Ease GST pain for small businesses: Let large buyers deduct GST on small supplies–09.11.2017
The Goods and Services Tax (GST) Council should lower the levy on many products that now attract 28% GST. Only demerit goods should attract the
All evidence suggest unorganised sector, SMEs worst hit by demonetisation: Arun Kumar – The Economic Times–08.11.2017
Arun Kumar is a renowned authority on the black economy. The economist taught at the Centre for Economic Studies and Planning at Jawaharlal Nehru University
Politics drives move against black money–Economic Times–08.11.2017
On the first anniversary of demonetisation, it is unambiguously clear that the project has been a resounding political success. It sent out a clear message
Demonetisation anniversary: Manmohan Singh’s speech in Gujarat; read full text – The Financial Express–08.11.2017
Former prime minister Manmohan Singh on Tuesday slammed Narendra Modi government for implementation of demonetisation and the GST. Singh said that demonetisation was a “complete
Change 28% slab to 18%: Amit Mitra | Business Standard News–08.11.2017
West Bengal Finance Minister, Amit Mitra has written to Union Finance Minister Arun Jaitley to change the 28 per cent bracket to 18 per cent
Only luxury and ‘sin’ items could be left in highest slab | Business Standard News–08.11.2017
Furniture, electric switches, shampoos, sanitary ware and handicrafts might be brought to 18 per cent, from 28 per cent now, sources said. Also, Finance Minister
‘I consider demonetisation an investment’ | S Gurumurthy–Business Line–08.11.2017
Demonetisation has affected all sections of the society “However, it is a corrective step. I consider demonetisation as an investment,” said economist and journalist S
Govt may review monthly GST return filing process – The Economic Times–07.11.2017
The government may review the requirement of filing at least three returns every month under the GST regime with a view to easing compliance burden
GST: Profiteering check now picking up | Business Standard News–07.11.2017
Kerala’s screening committee collected price information for over 600 items in the pre-GST and post-GST periods and suspected overcharging in 430 items The anti-profiteering mechanism
Can supplier adjust deposited CGST and SGST with IGST? | Business Standard News–07.11.2017
I had undertaken an interstate transaction on which I understand integrated goods and services tax (IGST) should be applied. However, at the time of the
SME Chatroom: In case of inter-state supply, supplier should charge IGST | Business Standard News–07.11.2017
I am a registered dealer at Kolkata (‘A’) and have purchased goods from a registered dealer of Mumbai (‘B’) for the purpose of re-sale to