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
Category: GST
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
As jitters subside, focus shifts from first GST invoice to first GST return – The Financial Express–20.07.2017
Since the GST law is at a nascent stage, varied interpretations by trading partners were expected. Amidst the commotion on account of implementation of
Widening of direct tax base | Business Standard Column–20.07.2017
Implementation of the goods and services tax (GST) from July 1, 2017, is a huge step forward in uniform nation-wide collection of indirect taxes. Prime
Exporters continue to face the heat as shipments pile up | Business Line–20.07.2017
Three weeks after the implementation of the Goods and Services Tax (GST) regime, exporters are still struggling to get their consignments shipped as customs officials
Taxpayer base likely to reach 90 lakh, says GSTN Chairman | Business Line–20.07.2017
The taxpayer base seems to have expanded significantly under the Goods and Services Tax (GST) and the GST Network expects the total registrations for the
‘India’s economy set to reclaim top spot for growth this year’ | Business Line–20.07.2017
Having been in the offing for close to two decades, the goods and services tax (GST), which the government touts as the biggest domestic tax
GST impact on cigarettes: ITC stock falls most in 25 years, market cap plunges by Rs 50,000 cr – The Financial Express–19.07.2017
The government is expected to earn about Rs 5,000-crore additional revenue through the increased cess.(Reuters) The share price of ITC on Tuesday fell the most
GST impact on employees: How employer, staff relationship has got complicated – The Financial Express–19.07.2017
GST law clearly states that GST would be payable if there is a supply of free goods or services to an employee exceeding the sum
GST impact: New tax regime to be positive for auto, retail; negative for SMEs, says Fitch Ratings – The Financial Express–19.07.2017
New indirect tax regime GST is likely to be beneficial for auto, cement and organised retail sectors, but will have a negative impact on oil
A step-by-step guide for obtaining your GSTIN | Business Standard News–19.07.2017
Illustration: Binay Sinha Under the VAT and Service Tax regime, TIN number and Service Tax Registration Number were issued by the state and the Centre.
GST move has tobacco shares huffing & puffing | Business Line–19.07.2017
ITC sees biggest one-day fall in 25 years; market cap dips over ₹50,000 crore Even as India’s home-grown tobacco major ITC witnessed its biggest crash
GST: New tax system brings pain, paperwork to India’s online sellers–Economic Times–19.07.2017
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: Market has not fully discounted GST impact as yet: Taher Badshah, Invesco MF–Economic Times–19.07.2017
“We are still in the hunt for better earnings in 2017-18”: Taher Badshah CIO (Equities), Invesco Mutual Fund While we are still in a bull