The goods and services tax (GST) is now a reality. The GST might be imperfect, but it remains the best hope of knitting India together
Category: GST
GST impact on corporates, SMEs, MSMes: 8 key factors they need to focus on–Financial Express–03.07.2017
Kunal Chaudhary With GST ringing in the government has been true to its promise of introducing GST on July 1. With the promise complete it is
GST rollout: Chartered Accountants expect three-fold increase in tax audits post new tax regime
Amid the buzz in the country over the Goods and Services Tax (GST) rollout that took place in a special midnight session on June 30 with many
GST impact on industry: To widen tax net, make India Inc more competitive, says CII President Shobana Kamineni–Financial Express–03.07.2017
The GST rollout will impart major competitiveness to Indian industry, incentivise exports and help expand the tax net, CII said. The implementation of the crucial
How to raise GST invoice: Here are 9 important facts to note–Financial Express–03.07.2017
How to raise GST invoice: The Central Board of Excise and Customs and Commercial Department in an attempt to ease the transition to the Goods
GST implementation: Over 10,000 Chartered Accountants use ClearTax software to prepare tax returns for clients–Financial Express–03.07.2017
Following the rollout of Goods and Services Tax (GST) on July 1, businesses are gradually adjusting their accounting systems for the new tax structure. The
GST impact on economy: Shaktikanta Das snubs apprehension about price rise–Financial Express–03.07.2017
GST impact on economy: Ruling out any price rise post Goods and Services Tax (GST), former Revenue Secretary Shaktikanta Das has said such apprehensions are “misplaced”
GST impact: New tax regime to boost GDP; positive for rating, says Moody’s VP William Foster–Financial Express–03.07.2017
Implementation of the GST will be positive for India’s rating as it will lead to higher GDP growth and increased tax revenues, Moody’s Investors Service
Glitch-free GST rollout is expecting too much, says Vanaja Sarna
Vanaja Sarna CBEC, Chairperson The Central Board of Excise and Customs (CBEC) is prepared for the transition to the goods and services tax (GST). Any
GST: Five things govt should now focus on
Fewer rates and classifications The GST has four base rates (5 per cent, 12 per cent, 18 per cent and 28 per cent), two special
Hasmukh Adhia clarifies top 7 myths and realities about GST – The Economic Times–03.07.2017
Revenue Secretary Hasmukh Adhia on Sunday cleared apprehensions of the consumers over the complexities of the Goods and Services Tax (GST) reform, which is likely
GST: Biggest move to end black money–Economic Times–03.07.2017
We commend adoption of the goods and services tax, the biggest tax reform since Independence, to create a seamless common market. Prime Minister Narendra Modi,
GST: Small traders trip over lack of IT infrastructure, new invoicing–Economic Times–03.07.2017
Prime Minister Narendra Modi hailed GST as a “good and simple tax” that will end harassment of small businesses. However, reality remains quite different. Experts
GST–Centre deploys 200 finance ministry officials to counter GST mispropaganda–Economic Times–03.07.2017
The finance ministry apart from working on the smooth implementation of the GST is doing an important task — analysing what is written in national
GST–Selling online-Business Line–02.07.2017
Booming business Online shopping has become a way of life for over 50 million Indians, a number that is expected to scale to 175 million
GST–Greater good–Business Line–02.07.2017
Benefits of GST essentially flow from the effects of a simplified tax structure, seamless tax credit facility, and technology-driven easy tax compliances systems. Here are
Across the aisle! Get Set for Turbulence, says P Chidambaram post GST implementation–Financial Express–02.07.2017
is an imperfect tax that will usher in a long period of turbulence. As an idea, GST is unexceptionable. The Constitution of India (Art 301)
GST impact: India to rise high globally in ease of doing business, says Assocham president Sandeep Jajodia–Financial Express–02.07.2017
“It is not only a new beginning for the Indian economy but the entire world is watching us ; how a country of large political
GST impact: Government must heed concerns over the new tax regime instead of celebrating, says CPI
CPI national secretary D Raja criticised Prime Minister Narendra Modi for describing GST as a “good and simple tax” and said only the experience of
GST impact: The new tax regime is all about perception, says Kerala Finance Minister Thomas Issac–Finance Express–02.07.2017
Kerala Finance Minister Thomas Issac, who had won applause during discussions with the Centre to formulate the GST regime of taxes that rolled out in