It’s more than two months since the Goods and Services Tax has taken over the previous indirect tax regime and most businesses and professionals have
Category: GST
GST: As alarm bells ring louder, Jaitley hunts for new economic remedy to keep panic at bay–24.09.2017
By Anirban Nag Finance Minister Arun Jaitley said India needs to find a balance between fiscal prudence and spending — and there’s no need to
So did Narendra Modi kill the Indian economy? – The Financial Express–23.09.2017
So did prime minister Modi kill the economy by following up demonetisation with GST as many seem to be suggesting? Even if the government does
Demonetisation was not required at all, says former PM Manmohan Singh – The Financial Express–23.09.2017
Former Prime Minister Manmohan Singh today said the economy is on a “downhill path” because of the “adventure” of demonetisation undertaken last year which was
Big boost for economy, FM Arun Jaitley says GST rollout smoother than expected – The Financial Express–23.09.2017
Amid criticism the roll-out of the goods and services tax (GST) has been hasty, haphazard, hit businesses hard and had a transitory adverse effect on
‘I consider demonetisation an investment’ | Business Line–23.09.2017
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
‘High transition credit will not hit GST revenues’ | Business Line–23.09.2017
The Finance Ministry on Friday said that revenue from goods and services tax (GST) in July will not come down due to the high claims
Tax trauma — On GST Network – The Hindu–23.09.2017
For a reform that was cracked up to be India’s biggest tax overhaul since Independence, the roll-out of the goods and services tax is off
Centre to hasten GST refunds – The Hindu–23.09.2017
The Centre on Friday termed as “wild estimates,” exporters claiming that working capital was getting blocked due to delay in Goods and Services Tax (GST)
Embrace reforms: More than a stimulus, reversing economic slowdown needs factor market unshackling–Times of India–23.09.2017
This week witnessed a flurry of activity among ministers and bureaucrats as the scale of India’s economic crisis has, hopefully, begun to sink in. The
Only Rs 12,000-cr credit claims valid | Business Standard News–23.09.2017
The government on Friday said only Rs 12,000 crore of the Rs 65,000 crore of input tax credit claimed by assessees for the pre-GST stocks
Relax fiscal deficit, cut interest rates to revive growth, says CII | Business Standard News–23.09.2017
The Narendra Modi government might need to relax the fiscal deficit target for the year, and the Reserve Bank of India should cut interest rates
Make haste slowly | Business Standard Column–23.09.2017
Spend even 10 minutes discussing the problems of filing online forms under the new GST regime with a business accountant and you will get an
Arun Jaitley: Economists caution FM Arun Jaitley: Don’t go Pranab’s way with stimulus – The Economic Times–22.09.2017
Just when it looked like good going, the Modi government faces an existential crisis: red lights are blinking on the country’s major macroeconomic parameters. Pressure
GST: A defining feature of India’s economy has just fallen prey to the beauty of GST – The Economic Times–22.09.2017
The defining feature of the informal economy is its inscrutability, that it is beyond official ken. All that is solid melts into air, all that
services tax: GST: Centre, states to divide taxpayer base – The Economic Times–22.09.2017
The Goods and Services Tax (GST) Council has put in place an elaborate framework for division of taxpayers between the state and central tax authorities,
GST Bill: Here’s how to spot a fake GST bill – The Economic Times–22.09.2017
All eligible businesses must migrate to GST immediately and use GSTIN on their invoices. The transition to the goods and services tax (GST) regime for
Address fundamental flaws in fuel pricing | Business Line–22.09.2017
The furore caused by the sharp increase in petrol and diesel prices, since ‘dynamic’ daily pricing was introduced in June, has put the Government on
States wary of GST on petroleum | Business Standard News–22.09.2017
States are reluctant to impose the goods and services tax (GST) on petroleum, even as they are assured of full compensation on revenue loss due
Burning oil: Who gains and by how much? | Business Standard News–22.09.2017
The fall in crude oil prices in the past three years — induced partly by a demand shock and a supply glut — has given
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