Category: GST

Clipped from: https://www.financialexpress.com/opinion/gsts-next-step-reforms-good-time-to-reduce-slabs-as-tax-mop-up-is-on-an-upswing/2510813/ Currently there are four main slabs—5%, 12%, 18% and 28%. One option, reportedly being proposed by the tax authorities, is to merge the

Clipped from: https://www.thehindubusinessline.com/economy/gom-for-flat-28-gst-on-online-gaming/article65375882.ece Suggests same rate for casinos and horse racing, too; members to now deliberate on value for the levy A Group of Ministers has

lipped from: https://www.business-standard.com/article/economy-policy/inflation-imports-main-reasons-for-record-gst-collections-says-report-122050300027_1.html The ministry attributed the robust mop-up to its tightened compliance measures and a crackdown on GST evaders and fake bills Photo: Shutterstock The

Clipped from: https://www.businesstoday.in/latest/story/analytics-ai-and-stricter-norms-behind-record-gst-collections-experts-332092-2022-05-02 The trend is only expected to amplify further in the months ahead, experts say. Analytics, AI and stricter norms behind record GST collections

Clipped from: https://www.business-standard.com/article/opinion/raise-gst-rates-but-not-without-reforms-122042601442_1.html Avoid past mistakes and reduce the number of GST rate slabs along with rate increases The launch of the goods and services tax

Clipped from: https://www.deccanherald.com/business/business-news/gst-detects-rs-10-cr-cash-turnover-of-rs-1764-cr-in-toilet-sized-office-1103239.html Most of these places, including the tiny one raided, were not disclosed as place of business in the registration with the State GST

lipped from: https://www.thehindubusinessline.com/opinion/gst-requires-major-administrative-reforms/article65338944.ece GST Need for administrative reforms | Photo Credit: indiaphotos A mere tweaking of tax rates or slabs will not be of much help.

lipped from: https://www.business-standard.com/article/opinion/structural-changes-122041801270_1.html GST system needs careful interventions Goods and services tax (GST) collection in March reached an all-time high of Rs 1.42 trillion. The collection

Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/profiteering-provisions-for-realty-projects/article65325173.ece Gavel on the podium. Good copy space. | Photo Credit: Marilyn Nieves NAA says projects getting completion certificate post introduction of GST will

Clipped from: https://www.thehindubusinessline.com/todays-paper/tp-news/gst-mop-up-hits-all-time-high-of-rs-142-lakh-crore-in-march/article65283009.ece The previous record collection was Rs. 1.40-lakh crin January this year The Finance Ministry on Friday reported an all-time high collections through Goods

lipped from: https://economictimes.indiatimes.com/small-biz/gst/framework-for-gst-summons-in-works/articleshow/90534665.cms Synopsis There has been a surge in summons to top management of companies by GST authorities requiring CFOs or CXOs to be mandatorily

Clipped from: https://www.thehindubusinessline.com/opinion/input-tax-credit-the-company-one-keeps-the-credit-one-reaps/article65273867.ece Tax wrangles | Photo Credit: xpoint Buyers cannot avail ITC unless sellers are compliant. Now, buyers have to pick their vendors well if

Clipped from: https://economictimes.indiatimes.com/small-biz/gst/why-gst-needs-administrative-overhaul-instead-of-rate-changes/articleshow/90454356.cms Synopsis In order to win the confidence of the taxpayers, the administration needs to work efficiently as a facilitator rather than just being