Clipped from: https://economictimes.indiatimes.com/small-biz/gst/gst-amnesty-scheme-why-taxpayers-need-an-opportunity-to-correct-inadvertent-errors/articleshow/96018924.cms Synopsis In the initial years, people struggled in understanding the impact of the new regime on their businesses, getting their internal systems revamped
Category: GST
‘Perk’ing up GST
‘Perk’ing up GST: https://www.thehindubusinessline.com/opinion/perking-up-gst/article66235615.ece The definition of “business” under GST law covers any activity or transaction that is incidental or ancillary to the main activity.
Maintaining predictability in taxation law is of utmost importance: SC — Courtesy BusinessLine
Maintaining predictability in taxation law is of utmost importance: SC: https://www.thehindubusinessline.com/economy/maintaining-predictability-in-taxation-law-is-of-utmost-importance-sc/article66229400.ece
GST amnesty scheme: Why taxpayers need an opportunity to correct inadvertent errors –Courtesy Economic Times
GST amnesty scheme: Why taxpayers need an opportunity to correct inadvertent errors https://economictimes.indiatimes.com/small-biz/gst/gst-amnesty-scheme-why-taxpayers-need-an-opportunity-to-correct-inadvertent-errors/articleshow/96018924.cms Download Economic Times App to stay updated with Business News – https://etapp.onelink.me/tOvY/135dde21
GST Council may lower tax on health insurance | The Financial Express
lipped from: https://www.financialexpress.com/money/insurance/gst-council-may-lower-tax-on-health-insurance/2901544/ GoM on online gaming yet to submit report The GST Council, chaired by finance minister Nirmala Sitharaman, is scheduled to meet via video-conferencing
Regulating online gaming | The Financial Express
Clipped from: https://www.financialexpress.com/opinion/regulating-online-gaming/2901635/ Self-regulation is a great initial step, but better to house progressive policies on regulation under a nodal ministry rather than an SRO Growing
GST Act | Small Businesses: Decriminalisation of GST Act: Why it can be a big reprieve for small businesses in India
Clipped from: https://economictimes.indiatimes.com/small-biz/gst/decriminalisation-of-gst-act-why-it-can-be-a-big-reprieve-for-small-businesses-in-india/articleshow/95992517.cms Synopsis To promote ease of doing business for small businesses and clearly distinguish between minor offenses and willful evasion of duty, the govt
GST Information–Courtesy BusinessLine
Pointers: – Over 1,200 goods and services except those in negative list attract GST. – Four primary GST rates: 5, 12,18 and 28 per cent.
What is the Time Limit for GST Audit under Section 65?
Clipped from: https://taxguru.in/goods-and-service-tax/time-limit-gst-audit-section-65.html Section 65 of the CGST Act empowers the commissioner to undertake audit of any registered person by issuing a notice in Form GST
At ₹1.45-lakh cr, GST mop up hits 3-month low –BusinessLine
At ₹1.45-lakh cr, GST mop up hits 3-month low: https://www.thehindubusinessline.com/economy/at-145-lakh-cr-gst-mop-up-hits-3-month-low/article66209880.ece
Amendment in GST return format: Why changes regarding ITC will increase complexity for taxpayers — Courtesy Economic Times
Amendment in GST return format: Why changes regarding ITC will increase complexity for taxpayers https://economictimes.indiatimes.com/small-biz/gst/amendment-in-gst-return-format-why-changes-regarding-itc-will-increase-complexity-for-taxpayers/articleshow/95347608.cms Download Economic Times App to stay updated with Business News