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Total 768 results found. Search for [ GST tax collection ]

Results 1 to 21 of 768
Nirbhay Kumar
October 20, 2020
While refunds for 'risky' exporters have been a contentious issue, tax consultants with sizeable client base said that technical glitches are also being cited for pending GST refunds


PTI
October 17, 2020
The finance minister's letter to states comes four days after the GST Council meeting failed to reach a consensus on the stalemate over the Centre's proposal of states borrowing against future GST collections to make up for the shortfall


BusinessToday.In
October 14, 2020
Tamil Nadu is the latest state to join the bandwagon to raise an additional amount of Rs 9,627 crore through open market borrowings


BusinessToday.In
October 13, 2020
As many as 21 states -- which are BJP-ruled or have supported it on various issues -- have opted to borrow Rs 1.10 lakh crore to meet the compensation shortfall


Dipak Mondal
October 13, 2020
FM Nirmala Sithraman while insisted that there is no dispute between the some of the states and the Centre on the issue, she admitted the Council is yet to reach unanimity on the issue of plugging the compensation gap


BusinessToday.In
October 12, 2020
Finance Minister Nirmala Sitharaman on Monday said that the goods and services tax (GST) Council could not reach a consensus in the meeting on the issue of compensation


BusinessToday.In
October 12, 2020
Opposition states says Centre needs to find a common ground on the issue. They say they would move the Supreme Court in case the government put pressure on them and implement option 1


Joe C Mathew
October 8, 2020
\"The biggest concerns of the business owners of micro and small enterprises are payment of bonus and cash advances to staff during the ensuing festival seasons,\" says KE Raghunathan, Convenor of Consortium of Indian Associations


Dipak Mondal
October 6, 2020
A panel under Sushil Modi will work out a plan to get the states which had received more than their share of IGST refunds to return the excess amount without burdening them too much


Dipak Mondal
October 5, 2020
Centre assured that the states that they will not be denied compensation even if they don't opt for either of the two borrowing options; compensation cess of Rs 20,000 crore will be disbursed tonight


PTI
October 4, 2020
In the current fiscal, the states are staring at a staggering Rs 2.35 lakh crore Goods and Services Tax (GST) revenue shortfall


PTI
October 3, 2020
Finance Ministry said that the government is open to all possibilities to minimise COVID-19's impact and the Finance Minister is not averse to taking any further measures to ease people's suffering


Niti Kiran
October 2, 2020
Corporate India has seen a substantial decline in tax litigations of late, helping government unlock revenues. Once annual compliances are streamlined and new law settles in, there could be a flurry of proceedings, which would lead to an increase in disputes


Rashi Bisaria
New Delhi, October 2, 2020
Mubadala to invest Rs 6,247 crore in Reliance RetailAbu Dhabi's sovereign investor Mubadala Investment Company will invest Rs 6,247.5 crore in Reliance Retail Ventures Limited, the retail arm of Reliance Industries. This marks the second significant investment by the sovereign investment company in a Reliance Industries subsidiary after $1.2 billion investment in Jio Platforms earlier this year. This investment will translate into 1.40 per cent equity stake in the Mukesh Ambani-led retail ma...


Dipak Mondal
October 2, 2020
The finance secretary said that some major industrial states have shown very positive growth percentage in GST collection which is indicative of the process of economic recovery being on track


BusinessToday.In
October 1, 2020
Of the gross collection, CGST is Rs 17,741 crore, SGST is Rs 23,131 crore, IGST is Rs 47,484 crore (including Rs 22,442 crore collected on import of goods) and cess is Rs 7,124 crore (including Rs 788 crore collected on import of goods)


Dipak Mondal
September 30, 2020
The fall in corporate tax collections could be because of both the fall in corporate profits due to COVID-19 lockdown as well as reduction in corporate tax rates announced in September 2019


Dipak Mondal
September 29, 2020
While the clarifications were much awaited, some of them may require immediate changes to business processes and the assessees have only one day before the provisions come into effect


Dipak Mondal
September 26, 2020
Compensation receipt in Consolidated Funds of India was subject to reconciliation in coming months, as usual, in forthcoming financial year. If, for that reason, amount remained in Consolidated Fund, that can't be treated as \"diversion\", clarify ministry officials


BusinessToday.In
New Delhi, September 26, 2020
COVID-19 vaccine: China claims WHO gave support, understanding for emergency use programmeThe World Health Organization gave China its support and understanding to start administering experimental coronavirus vaccines to people while clinical trials were still underway, a Chinese health official said on Friday. China launched its emergency programme in July, having communicated with the WHO in late June, according to  a National Health Commission official. Hundreds of thousands essentia...


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