In the meeting held on June 7, the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) decided not to cut the repo
Category: GST
GST impact on infrastructure: It will cut multiple taxes but will affect cost of construction–Financial Express–11.07.2017
The new tax reform will pose several challenges for the infrastructure sector such as treating of works contracts as service contracts, the imposition of new
GST impact: How Maharashtra, Tamil Nadu trying to vitiate spirit of new regime–Financial Express–11.07.2017
The government showed how GST invoices could be generated manually, a GST app was readied and a series of software providers like Tally advertised services
GST will reduce inflation by one to two per cent by year end, says Revenue Secretary Hasmukh Adhia–Business Standard–11.07.2017
The Goods and Services Tax (GST) will help bring down the inflation by one to two per cent by the end of this year, Revenue
Govt must keep GST transition steady and predictable | Business Standard Editorials–11.07.2017
It has been just over a week since the new goods and services tax (GST) regime was introduced. It has already shown its potential as
GST: What is the way out for a small manufacturer under new tax regime | Business Standard News–11.07.2017
One of our firms is exclusively engaged in merchanting trade/third-country exports. We source products from Taiwan and Thailand and supply it to customers in Africa,
GST: Making sense of the changes in the Legal Metrology rules | Business Standard Column–11.07.2017
Last week the Ministry of Consumer Affairs, Food and Public Distribution amended the Legal Metrology (Packaged Commodities) Rules, 2011. A look at the key changes
Demonetisation, GST: Will small traders lose their ardour for the BJP? | Business Standard News–11.07.2017
Steadfast supporters of the Bharatiya Janata Party, Small traders have been bitten twice by its government in quick succession. In November, demonetisation sent them scurrying
GST impact on real estate: Rental income beyond Rs 20 lakh to attract tax – The Financial Express–11.07.2017
ental income from residential property has been exempt from GST but any earning over Rs 20 lakh annually from renting or leasing for commercial purposes
State levies and new inspector raj may spoil GST party – The Economic Times–10.07.2017
Auto companies cut prices after the rollout of the goods and services tax (GST) on July 1, but Maharashtra raised the onetime registration levy for
Oilmin to Finmin: Allow input tax credit on five products – The Economic Times–10.07.2017
Oil ministry has urged finance ministry to put in place a temporary system to allow oil companies to claim input tax credit until crude oil,
Unfinished agenda of rolling out GST–Economic Times–10.07.2017
A major tax reform such as the goods and services tax (GST) is bound to have teething problems. This was fully anticipated and taxmen at
A GST that could get better with time–Business Standard–10.07.2017
Much to the government’s relief, the first few days after the roll-out of the goods and services tax (GST) have seen very little disruption in
Demonetisation, GST: Will small traders lose their ardour for the BJP? | Business Standard News–10.07.2017
Small shopkeepers Steadfast supporters of the Bharatiya Janata Party, Small traders have been bitten twice by its government in quick succession. In November, demonetisation sent
GST: Storm clouds and some bright spots–Business Standard–10.07.2017
The goods and services tax (GST) roll-out has gone reasonably smoothly in the first week and the market is optimistic that the initial confusion will
India new global growth pole, to keep lead over China: Harvard study–Economic Times–09-07.2017
India has emerged as the economic pole of global growth by surpassing China and is expected to maintain its lead over the coming decade, says
GST: E-way bill system in GST to come from October – The Economic Times–09.07.2017
The GST provision, requiring any good more than Rs 50,000 in value to be pre-registered online before it can be moved, is likely to kick
GST: Supply chain intermediaries not ready for transparency, accountability–Business Standard–09.07.2017
With most of the goods transport associations not having their members registered under the Carriage by Road Act, 2007 and its rules under Carriage by
GST on Real Estate: 7 things you should know–Economic Times–09.07.2017
Stamp duty and registration charges are outside the ambit of GST now because these are state levies while property tax is a municipal levy. Being
GST: No GST official authorised to visit traders without permission: Government – The Economic Times–09.07.2017
In view of reports that some people posing as GST officials were demanding money from traders, the government on Saturday said that no officer of
