ECGC extends timelines, reduces fees to help exporters cope with lockdown Offering some relief to exporters struggling to cope with the effects of the lockdown,
Category: GST
GST compliance of companies under IBC: Gaps in the new mechanism | Business Standard Column
Recently, the ministry of finance notified the process to be followed by an interim resolution professional (IRP) or resolution professional (RP) for ensuring GST compliances
As GST approaches third anniversary, these stumbling blocks still linger implementation – The Financial Express
Rajat Mohan GST Law is about to celebrate its third anniversary and it has been a roller coaster journey for the law. The GST Council
GST compliance of companies under IBC: Gaps in the new mechanism | Business Standard Column
Recently, the ministry of finance notified the process to be followed by an interim resolution professional (IRP) or resolution professional (RP) for ensuring GST compliances
Bankruptcy deadlines relaxed: IBC activity falling behind during lockdown can be finished later – The Financial Express
The decision is taken after considering that it is difficult for the insolvency professionals to continue to conduct the process and for members of the
Separate GST registrations confuse interim resolution professionals – The Economic Times
New Delhi: Interim resolution professionals managing various companies under the insolvency process have flagged several issues in a recent notification requiring separate GST registration for
Welcome changes to the Finance Bill–Economic Times
The slew of amendments to the Finance Bill — softening the tax blow on non-resident Indians (NRIs), expanding the equalisation levy to foreign ecommerce companies,
FM Sitharaman’s relief package: All about convenient extensions of schemes? | Business Standard News
The news of the announcement of a package from the Finance Minister did raise a lot of expectations given the threat of a very negative
Nirmala Sitharaman: Tax filing dates extended, business rules eased, ATM, bank charges waived off in Covid relief measures. Here are key announcements by Nirmala Sitharaman – The Economic Times
Here are the key announcements: Tax measures *For Financial year 2018-19, last date for returns extended to June 30, 2020. Delayed payments made till June
GST Returns date extended: GST Return filing date extended, relief from late fee, penalties–Economic Times
The date for opting for composition scheme has also been extended to June 30, 2020. To provide relief to businesses grappling with the economic impact
Costly delay | Business Standard Editorials
Union Finance Minister Nirmala Sitharaman on Tuesday announced a series of measures that essentially provide or extend a grace period for several payments and regulations.
CII writes to PM Modi, seeks fiscal stimulus package of Rs 2 trillion | Business Standard News
CII writes to PM Modi, seeks fiscal stimulus package of Rs 2 trillion Suggests setting aside 1% of GDP for cash transfer scheme for poor
GST’s routine tweaks – The Hindu BusinessLine
The Council is obsessed with incremental change One can almost predict the outcome of the meetings of the GST Council these days. The rates of
Needed, GST, not another alphabet soup–Economic Times
The Cabinet Committee on Economic Affairs (CCEA) approved last week a new Remission of Duties or Taxes on Export Products (RoDTEP) scheme that will reimburse
impact of coronavirus on smes: When is the Government going to respond? Businesses look for assistance as coronavirus starts hurting – The Economic Times
For millions of small businesses struggling with a slowing domestic demand over the last few quarters, the collapse of economic activities due to Covid 19
gst: Demonetisation, GST & liquidity crisis drove small businesses to the brink. Then came coronavirus – The Economic Times
As lockdown of entire cities takes place, consumer confidence has fallen sharply. No industry has been spared and major shows and events across the world
Reverse Charge: Why So Shy, GST Council?
The Goods and Services Tax Council has raised GST on mobile phones from 12% to 18%, the same rate that is levied on phone components,
GST fake invoices more than double in one year; these states see maximum cases of fraud – The Financial Express
In FY19, there were 1620 cases related to fake invoices, which more than doubled to 3866 cases in the current fiscal till January. Even as
Rationalise GST now | Business Standard Editorials
The likelihood that the novel coronavirus will cause a significant supply shock to the Indian economy — as well as a rippling demand shock from
The GST dilemma | Business Standard Column
The reality of goods and services tax (GST) in the field is that there is tax evasion on one side and administrative hurdles on the
