The government today extended the deadline for small businesses to opt for the composition scheme in the GST regime by nearly four weeks to August
Category: GST
GST Impact: MSMEs learn to deal with reverse charge mechanism the hard way | Business Standard News–22.07.2017
The new indirect tax regime is having the effect akin to setting a cat among pigeons for thousands of micro and small businesses across the
GST provider Vayana Network raises Rs 26 cr in latest series A funding | Business Standard News–22.07.2017
Pune-based Goods and Services Tax Network (GSTN) provider Vayana Network has received over Rs 25.7 crore from IDG Ventures and Jungle Ventures in series A
Few takers for simple tax for small businesses: A look at Composition Scheme under GST | Business Standard News–22.07.2017
The introduction of the Goods and Services Tax (GST) has led to a sea change in the taxability of supplies and procedure/compliances to be followed
GST: Shadow economy struggles under weight of India’s new tax regime–Economic Times–21.07.2017
By Iain Marlow and Anirban Nag On the edge of one of India’s biggest slums, Alauddin Ansari opens a paper ledger of daily sales at
Rahul Bajaj: Rahul Bajaj questions note ban, but praises GST–21.07.2017
Bajaj AutoBSE -0.22 % chairman Rahul Bajaj questioned whether demonetisation had achieved its aims while applauding the government for implementing the goods and services tax
GSTN: Goods and Services Tax Network will help in keeping strategic control: Prakash Kumar–21.07.2017
By Prakash Kumar, CEO, GSTN As is expected with any radical reform or transformation, the unrolling of the GST has also created quite a
loyalty points: Goods bought with loyalty points will face tax under GST–Economic Times–21.07.2017
Your shopping out of the accumulated loyalty or bonus points will face tax under the goods and services tax (GST) regime. GST would be levied
GST: New tax system brings pain, paperwork to India’s online sellers–21.07.2017
By Saritha Rai India’s new tax regime is causing widespread headaches for small merchants and the e-commerce companies they work with. The Goods and Services
GST imapct: Retailers’ Association appeals for review of cash bills format – The Financial Express–21.07.2017
The Retailers Association of India (RAI) has appealed to the finance minister to simplify the prescribed sale invoice format for cash bills rendered to customers
GST protest: 2000 Tirupur garment units go on strike against 18 pct slab slapped on segment – The Financial Express–21.07.2017
Nearly 2,000 working units of the knitwear/readymade garment cluster in Tirupur, employing more than a lakh people, have called for a day’s strike on Friday
GST impact on economy: ADB says medium term growth in India set to get boost | Financial Express–21.07.2017
The goods and services tax is expected to boost growth in the medium term The Asian Development Bank (ADB) has retained its earlier growth forecast
Tepid response to ‘easy GST’; only 100,000 SMEs opt for composition scheme | Business Standard News–21.07.2017
A scheme under the goods and services tax (GST) that provides easy compliance and a flat rate to small businesses has had a muted response
GST rules are taking a human toll on Surat powerloom industry; here is how | Business Standard News–21.07.2017
The Rs 50,000-crore textile industry here — the diamond trade and textiles are the two sectors of note here — employ an estimated 1.5 million.
GST, RERA combo very positive for real estate sector: Pirojsha Godrej | Business Standard News–21.07.2017
Pirojsha Godrej, executive chairman of Godrej Properties Real estate developers are grappling with the introduction of both the Real Estate Regulation & Development Act (RERA)
GST rates: GST has hit carpet exports, livelihoods of 20 lakh workers: CEPC–20.07.2017
Shipments of handmade carpets and other floor coverings have been hit badly following the imposition of 18 per cent GST on job works and 12
GST Rates: Tax officials to ‘Go Slow’ on enforcements under GST–20.07.2017
Indirect tax authorities will go slow on enforcement actions under the goods and services tax for the first six months, to give time for the
Goods & services tax: Tax reform’s just one bit of it–Economic Times–20.07.2017
By Krish Iyer India has finally introduced the goods and services tax (GST) that is going to facilitate the creation of ‘one nation, one tax,
GST protests a sham; tax on fabrics a non issue; know the horror stories and more – The Financial Express–20.07.2017
As the textile trader sends the product for dyeing and printing, he will pay processing charges, with a 5% GST. Before the government made
GST must not turn into instrument for pushing small and informal out of economic mainstream – The Financial Express–20.07.2017
The problems might continue for several businesses even after they migrate to GST if they are part of value-chains that rely extensively on products not
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