Mon, Dec 12, 2022
Addressing an event organised by SIAM (Society of Indian Automobile Manufactures), Union minister Nitin Gadkari said that the aviation sector is also facing problems due to the high cost of aviation fuel.
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Thu, Dec 08, 2022
The GST Council is expected to meet on December 17, 2022, in a virtual format and the panel headed by the Finance Minister may take up agenda related to Casino, Race Course and Online Gaming industry.
Fri, Oct 21, 2022
In a tweet, the Central Board of Indirect Taxes and Customs (CBIC) said it has received "an Incident Report" from GSTN regarding slowness in the system along with a proposal for extending the due date.
Fri, Sep 16, 2022
In a letter to Union Finance Minister Nirmala Sitharaman, Chandigarh-based tax consultant Ajay Jagga said the Supreme Court recently issued notices to the Central government on a plea seeking to plug existing loopholes in the GST system.
Mon, Aug 01, 2022
The gross Goods and Services Tax (GST) revenue collection in July jumped to approximately Rs 1.49 lakh crore.
Mon, Jul 18, 2022
The new GST rate, in pursuance of recommendations made by the GST Council in its 47th meeting last month, is coming into effect from today.
Tue, Jun 28, 2022
The Central Board of Direct Taxes (CBDT) issued a new circular for TDS on Virtual Digital Assets on June 28, 2022. According to the circular, now, the buyer will have to deduct TDS on the trade of virtual digital assets outside the exchange. Zee Business report.
Tue, Mar 22, 2022
The government can further enhance insurance penetration in the country through compulsory enrolment of MGNREGA workers in PMJJBY and PMSBY, and rationalising the 18 percent GST on insurance policies, according to an SBI report.
Mon, Mar 14, 2022
The Government could give input tax credit to hotel and restaurant industry which is currently not given at the current 5 percent GST levy, Zee Business' Tarun Sharma reports.
Thu, Dec 30, 2021
RBI has announced that it has extended the deadline for periodic KYC update by 3 months till March 31, 2022.
Sun, Mar 31, 2019
The Central Board of Indirect Taxes and Customs had directed its field formations to remain open during the last weekend of the current financial year, which is March 30 and March 31, 2019, for assisting the taxpayers in filing returns and paying taxes.
Mon, Apr 24, 2017
The government has already launched GST website which presently supports registration and migration of existing taxpayers.
Fri, Apr 21, 2017
The only way for wholesalers is to come in to the organised bracket but this will attract additional cost for the companies.
Sun, Apr 16, 2017
It has also sought clarity on treatment of goods and services under GST for exports, gems and jewellery, MSME sector, banking and telecom.
The task before the panel is to keep the impact of GST on inflation and prices near neutral or zero.
Thu, Apr 06, 2017
Jaitley said the successive governments have contributed towards the GST and no one person can take credit for it.
Wed, Mar 29, 2017
The Goods and Services Tax (Compensation to States) provides for compensation to the states for the loss of revenue arising on account of implementation of the GST.
Mon, Mar 13, 2017
Ind-Ra has revised its cotton outlook to stable for FY18 from negative for FY17, in view of stable input prices, healthy capacity utilisation and steady domestic demand scenario.
Sun, Mar 05, 2017
It added that an agriculturist (defined as someone who supplies produce out of cultivation of land) would not be liable to register under the GST regime.
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