Budget 2020 latest: Real estate industry has huge expectations from the upcoming Budget 2020-21. Here's a lowdown on what the sector expects

In a circular issued on January 23, CBIC's GST policy wing asked its commissioners to inform all exporters whose scrolls had been kept in abeyance for verification to complete the verification formalities for release of funds

Audi, which saw 29 per cent decline in sales , said every major player in the luxury segment saw decline in sales last year and government support would help in overcoming the downturn

CBIC also said in its statement that more than 2 lakh GSTR-3B returns (for the tax month of December) were filed on January 21 (till 12 pm)

The Central Board of Indirect Taxes and Customs had extended the deadline to January 17 from the earlier January 10 deadline

If in the current situation the government does not cut welfare spending or increases taxes, it would need to increase borrowing to inject cash into the market

Refunds of over Rs 28,000 crore are said to have been filed by over 27,000 taxpayers so far on account of inverted duty structure in the current year

In the upcoming Union Budget, the auto industry has sought measures, such as reduction in GST rates on vehicles and abolition of duty on import of lithium-ion battery cells, to encourage electric mobility

The decision to the extend the deadline for availing late fee waiver on GSTR-1 was taken in view of enthusiastic response to the decision, Ministry of Finance said

The slew of measures include curbing fraud and evasion cases, checking fake or huge input tax credit claims, linking foreign exchange remittances with IGST refund and seeking bank account details of businesses to tally with their filings

The Indian economy is going through one of its longest spells of slowdown - six quarters and counting

Will the Narendra Modi government announce a populist Union Budget to arrest the economic slowdown? Will Budget 2020 offer tax sops and income tax relaxation to stimulate demand? Unlikely, says Bibek Debroy, Chairman, Economic Advisory Council to the Prime Minister (EAC-PM)

The textile industry in Tamil Nadu is facing a crisis due to the economic slowdown and fall in exports, forcing many spinning mills and weavers to cut production as well as workforce

In wake of strong response of the taxpayers, the last date for the tax dispute resolution-cum-amnesty scheme has been extended for a period of fifteen days, till 15 January 2020

The meeting is being organised with the purpose of curbing fraud and evasion, checking fake or huge input tax credit claims, seeking bank account details of businesses to tally with their filings, misuse of refund

Most in the Indian pharma industry are hopeful that the new National List of Essential Medicines (NLEM) expected in 2020 will not be too disruptive

Chief Minister Pramod Sawant chaired a meeting of Finance and Commercial Taxes departments to review implementation of the Goods and Services Tax and revenue augmentation in Goa

As the Council now needs to find ways to enhance revenues through GST, next year could see the Council deliberating on hiking GST rates on certain items

As per report, nine fire tenders have been rushed to the spot after the fire was reported around 7:25 pm on Monday

Telecom companies have been goading the government to refund the input tax credit or adjust the refund amount against their statutory dues