A minister-level committee will soon be constituted to oversee technical and operational issues of the Goods and Services Tax Network (GSTN), the GST Council decided
Category: GST
GST Council meet: Large refund claims for transitional stock startle govt | Business Standard News–10.09.2017
Significant refunds claimed by entities for the pre-GST (goods and services tax) stock has left the government startled. For the close to Rs 95,000 crore
‘Less tax, no input credit’ plan for small businesses may return soon | Business Standard News–09.09.2017
The composition scheme, which is applicable to specific categories of small businesses whose turnover is Rs 75 lakh and below and had been closed on
Raise number of businesses in GST net to 3 crore: Govt to taxmen | Business Standard News–09.09.2017
The target was set at the recent second edition of the two-day annual meet of tax officers, which was addressed by Prime Minister Narendra Modi,
Window for small businesses: Composition scheme under GST may return | Business Standard News–08.09.2017
The composition scheme, which is applicable to specific categories of small businesses whose turnover is Rs 75 lakh and below and had been closed on
India GDP growth to re-accelerate as GST impact fades, says Morgan Stanley report – The Financial Express–07.09.2017
Economic activity in the country lost some pace amid GST related disruptions but underlying growth momentum remains strong and the country may clock 6.7 per
Is there any specific provision for interest income under GST Act? | Business Standard News–04.09.2017
Is there any specific provision for interest income under the Goods and Services Tax (GST) Act? I want to know if I charge an interest
Moving to the faster lane – The Hindu–04.09.2017
We are in times of outstanding significance and consequence for our nation. The start of the GST era is already upon us with the law
GDP growth: Why GST and demonetisation alone are not responsible for slow GDP growth – The Economic Times–03.09.2017
Close to 5 pm on September 1, State Bank of India (SBI) chairman Arundhati Bhattacharya was leaving her office to almost military-style salutes by the
Why DeMo, GST are not to blame for slowdown–Times of India–03.09.2017
India’s GDP growth has fallen four quarters in a row to just 5.7% in April-June, down from 7.9% in the same quarter last year. No
Downturn in India’s growth ‘very worrying’: Kaushik Basu |World Bank’s former chief economist The Indian Express–03.09.2017
The downturn in India’s growth is “very worrying”, World Bank’s former chief economist Kaushik Basu said, underscoring that this is the “hefty price” the country
India’s GDP growth rate had started to drop even before demonetisation | editorials | Hindustan Times–02.09.2017
Is there a limit to how much reform an economy can take? The June quarter GDP figures have surprised many by registering 5.7%, the lowest
demonetisation: View: After demonetisation, it’s now over to the Income Tax department – The Economic Times–01.09.2017
From the days of the Licence Raj India has come a long way, with the recent reforms initiatives taking the country much ahead in formalising
A promising start to the new GST regime–Economic Times–01.09.2017
It’s encouraging that the goods and services tax revenue mop up has seen a good start. Collections, at Rs 92,283 crore in July from about
At 5.7%, Q1 GDP growth slumps to 3-year low | Business Line–01.09.2017
Uncertainty over GST and related de-stocking hit industrial sector in Q1, says Anant Three key macro-data points released on Thursday presented a worrying picture of
Cash squeeze, GST launch issues push GDP growth to below 6 per cent | The Indian Express–01.09.2017
Economic growth slowed to 5.7 per cent in the first quarter of 2017-18 against 6.1 per cent in the preceding quarter. This was sharply below
e-way bill: Government notifies e-way bill, exempts vegetables, fruits out of its ambit – The Economic Times–31.08.2017
The government has notified the e-way bill keeping some items of mass consumption such as vegetables, fruits, food grains, meat, bread, curd, books and jewellery
Sterling debut | Business Standard Editorials–31.08.2017
Finance Minister Arun Jaitley and his entire team deserve compliments for implementing a very significant and complicated tax reform smoothly and with such fine results.
Arun Jaitley: It pays to be honest, I-T department will go after evaders–Times of India–31.08.2017
Finance Minister Arun Jaitley on Wednesday said the government will adopt a carrot-and-stick policy on taxation, saying post GST tax authorities will go after evaders
Teething troubles | Business Line–30.08.2017
Revising GST returns should be permitted “Can I pay excess amount of tax in relation to the amount in my liability ledger to avoid penalty
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