New Delhi: With 21 states expressing their preference for the Borrowing Option-1 proposed by the Centre to meet the GST compensation needs of states this year, decks have been cleared for […]
New Delhi: Congress leader Rahul Gandhi on Monday launched a scathing attack on the Prime Minister Narendra Modi-led BJP government and said the central government has attacked the country’s unorganized […]
New Delhi, Aug: After company law, the government has now set out to decriminalise various offences under the GST laws to improve ease of doing business and ensure better compliance. […]
New Delhi: The GST Council will meet here on Thursday to take up the single-point agenda of GST compensation to states affected by delays in the release by the Centre, […]
New Delhi: The Goods and Services Tax (GST), often hailed as the “biggest tax reform” in India, has evolved over the years, and the weighted rate of GST has declined in […]
New Delhi: The Covid-induced shrinking of economic activity for the past few months continued to have its impact on government’s tax collections with revenue under the Goods and Services Tax […]
New Delhi: The government proposes to roll out compulsory e-invoicing of GST from October 1, but has decided to raise the threshold to exempt smaller entities from this compliance, an official […]
New Delhi: Amid a hike in prices of petrol and diesel for the eighth consecutive day, the Congress on Sunday demanded the government bring the fuels under the goods and services […]
New Delhi: GST paid on invoices which have become bad debts must be paid back, Domestic Air Cargo Agents Association of India (DACAAI) said on Tuesday. At present, under the GST […]
New Delhi: In a bid to provide further relief to states amid the coronavirus outbreak, the finance ministry has released Rs 36,400 crore to states as compensation for their revenue loss […]
New Delhi: The Finance Ministry has ruled out GST waiver or deference to businesses as part of the economic relief package to help them cope with the situation arising in the […]
Chandigarh: Punjab Chief Minister Amarinder Singh, here on Tuesday, demanded Rs 3,000 crore as interim compensation for April owing to the Covid-19 pandemic as well as release of the Rs 4,400 […]
New Delhi: Congress leader Rahul Gandhi, here on Monday, demanded that no goods and services tax (GST) be charged on medical equipment used in combating the coronavirus pandemic. “In this difficult […]
New Delhi: CPI(M) General Secretary Sitaram Yechury, here on Monday, criticised the Centre for not releasing over Rs 30,000 crore in the goods and services tax (GST) dues. At a time […]
New Delhi: The government has decided to issue all the pending income tax refunds up to Rs 5 lakh, immediately as part of its efforts to provide relief to the business […]
New Delhi: The Ministry of Finance has extended the deadlines for filing returns of goods and services tax (GST) in view of the coronavirus crisis and difficulties faced by taxpayers in […]
New Delhi,The CGST Delhi North Commissionerate has arrested one person who received fake/goods-less invoices valued at Rs 71.22 crore involving fraudulent input tax credit (ITC) of Rs 12.82 crore from […]
New Delhi, The Central government released Rs 19,950 crore as GST compensation cess to the states/UTs on last Monday, officials said. With this amount, the Central government has released a […]
New Delhi: The government has junked the much-hyped Direct Tax Code (DTC), a reform initiative to overhaul the direct tax system on the lines of GST, for now as it has […]
New Delhi: The government has discovered a new revenue stream to make up for the shortfall in GST collection and is looking to collect Rs 46,000 crore as interest on late […]
Kolkata, The Centre has informally proposed to the GST Council that rationalisation of rates be done once in a year and not every three months, as the present system was […]
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