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Tag: GST

Business / News Update

Centre informally proposed GST rate rejig once a year: FM

February 9, 2020 - by IANS

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 …

Centre informally proposed GST rate rejig once a year: FM Read More
GST hike on mobile phone to sap purchases: ICEA
Business / News Update

GST taxpayers flooded with notices, advisories

February 9, 2020 - by IANS

New Delhi: With government going all-out to plug GST loopholes to contain evasion and bolster collections, taxpayers are frequently receiving notices and advisories for a range of issues including sudden spike …

GST taxpayers flooded with notices, advisories Read More
Sitharaman attends office sporting home-made mask
National / News Update

Govt plugging loopholes in GST with data analytics: FM

February 8, 2020 - by IANS

Chennai: Finance Minister Nirmala Sitharaman on Saturday said the Central government is plugging the loopholes in the Good and Services Tax (GST) with the use of technology and is working towards …

Govt plugging loopholes in GST with data analytics: FM Read More
National / Special

Survey pins hope on GST revenue to rein in fiscal deficit

January 31, 2020 - by IANS

New Delhi: The Economic Survey on Friday pinned its hope on uptick in growth of cumulative GST collections in October 2019 and November-December to contain fiscal deficit at the budgeted 3.3 …

Survey pins hope on GST revenue to rein in fiscal deficit Read More
Taxpayers given more time to file monthly GST returns
Business / News Update

CGST unearths Rs 241 cr GST fraud

December 26, 2019December 26, 2019 - by IANS

New Delhi, Dec 26: The anti-evasion wing of the Central Goods and Service Tax (CGST), Delhi South Commissionerate, has unearthed a Rs 241 crore goods and services tax (GST) evasion through …

CGST unearths Rs 241 cr GST fraud Read More
Electric cycles attract 5% GST, ordinary cycles 12%
Special

Electric cycles attract 5% GST, ordinary cycles 12%

December 23, 2019 - by IANS

New Delhi, Dec 22: The Modi government has been defending the multi-tiered rates under GST, saying there cannot be one rate given that different segments of society have to be …

Electric cycles attract 5% GST, ordinary cycles 12% Read More
Special

More healthcare services may come under GST net

December 15, 2019 - by IANS

By Subhash Narayan New Delhi: The government may bring certain healthcare services under the GST net, touching upon a sensitive area, as it looks to give a leg up to …

More healthcare services may come under GST net Read More
News Update

GST compensation due for all states, not just for some: FM

December 13, 2019December 13, 2019 - by IANS

New Delhi, Dec 12  Not only opposition-ruled states but other states also have not been paid GST compensation for the last four months since August this year. Speaking in the …

GST compensation due for all states, not just for some: FM Read More
Special

Taxpayers worried over GST red-flag reports

November 24, 2019 - by IANS

By Nirbhay Kumar  Many GST taxpayers, especially small firms, are a worried lot these days with authorities sending system-generated red flags in their online return forms. A Delhi-based GST practitioner …

Taxpayers worried over GST red-flag reports Read More
GST,PM Kisan caused minor slip in fiscal deficit in FY19: Fin Min
Special

GST,PM Kisan caused minor slip in fiscal deficit in FY19: Fin Min

November 23, 2019 - by IANS

New Delhi, Nov 23 Transitional impact of GST and poor agricultural situation in 2018-19 fiscal led to the 0.1 percentage point drift in fiscal deficit to 3.4 per cent, said …

GST,PM Kisan caused minor slip in fiscal deficit in FY19: Fin Min Read More

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