GST was introduced in a tearing hurry. There should be absolute clarity in the procedures to be followed under GST. Invariably, the procedures are laid
Check-posts are gone, but truckers face barriers–Business Line–07.07.2017
The truckers’ relief, however, may be temporary; many States may set up mobile or roaming squads till the e-way bill mechanism is in place, tentatively
Demonetisation effect: Advance tax given by individuals in June quarter rises more than 40%–Economic Times–07.07.2017
Advance tax payments for the current financial year by individuals rose more than 40% in the June quarter from the year-earlier period. Meanwhile, the government
GST: Ministers head to major cities, state capitals to explain GST – The Economic Times–07.07.2017
commerce minister Nirmala Sitharaman has been assigned Madurai in Tamil Nadu (her native state) and Vijaywada in Andhra Pradesh. Social justice and empowerment minister Thaawar
Jobless growth: Economists disagree over claims of jobless growth – The Economic Times–07.07.2017
The government has been repeatedly brushing aside criticism that India is growing without creating jobs. Now, it has the backing of some top economists who
Government seeks to clear way as exports trip on rules – The Economic Times–07.07.2017
The government has stepped in to try and resolve procedural confusion over customs norms under the goods and services tax regime that has seen exports
Government likely to pump more money into PSU banks – The Economic Times–07.07.2017
The government is likely to infuse more money in state-run banks amid crackdown on bad loans and increasing capital needs under Basel III guidelines. According
alternative lending startups: How alternative lending startups are rewriting traditional lending habits in India – The Economic Times–07.07.2017
Suguresh Desai, 37, an executive with TVS Group, had been using his credit card to make payments. Recently, he decided to borrow Rs 1 lakh
RBI: Customers should report fraud in 3 days to avoid losses: RBI – The Economic Times–07.07.2017
In a major step to protect customers from large financial losses on account of frauds, Reserve Bank of India has capped the customer liability at
Auto industry set to see accelerated growth after GST implementation–Economic Times–07.07.2017
India’s single producer levy, prospects of falling financing costs, and higher farm income underpinned by monsoon rains should help car makers accelerate the rate of
Billionloans: Indian banks have legacy technologies, says Billionloans founder V Balakrishnan – The Economic Times–07.07.2017
Former Infosys CFO V Balakrishnan and Rangan Varadan, founder of peer-topeer lending platform MicroGraam, launched Billionloans in March and shortly after raised about Rs 7
risk: Are you struggling to sleep? It might indicate the risk of developing Alzheimer’s disease–Economic Times–07.07.2017
Poor, disrupted sleep may indicate the risk of developing Alzheimer’s disease in people who are otherwise healthy, a study warns. Researchers from University of Wisconsin-Madison
GST Bill: Beware! After GST, choosing a wrong vendor can kill your business – The Economic Times–07.07.2017
By Manish Chowdhary With GST, there has been a fundamental shift in how your books are maintained. Till now in the entire tax regime, the
GST on under construction homes: Experts see grey spots in GST on under-construction flats–Economic Times–07.07.2017
Developers and experts find the 33% deduction from total value of an apartment towards land value as uncalled for. Indirect tax experts and real estate
AADHAAR: Lost your Aadhaar? Here’s how to get a duplicate Aadhaar online–Economic Times–07.07.2017
To retrieve the lost Aadhaar/ Enrolment ID online, your Aadhaar details must have correct mobile number and/or email id registered. This is necessary because you
GST: Perks, gifts to employees may come under GST–Economic Times–07.07.2017
India Inc may have to deal with another avatar of GST — the tax may be applicable on senior executives’ big-ticket perquisites over and above
GST: Handset companies to put production back on track – The Economic Times–07.07.2017
Handset makers and contract manufacturers are set to bring their production schedules and capacities back to normal within a week to fortnight — after having
‘Manmohan Singh’s 1991 budget was biggest reform country has seen. GST deals with just one indirect tax’–Times of India–07.07.2017
You have written about the difficulty of economic reforms in India because of a lack of political acceptability. How difficult was it to pass GST?
GST refund: Govt to make provisions for reimbursement in excise-free zones | Business Standard News–07.07.2017
The Union government has moved a proposal to make a budgetary provision for refunding its share of area-based exemptions on indirect taxes given to certain
Modi govt’s 7-rate tax structure a ‘mockery of GST’, says P Chidambaram | Business Standard News–07.07.2017
The goods and services tax (GST) regime rolled out by the Narendra Modi government on July 1, with its “seven or more rates”, is a
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