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Dipak Mondal
New Delhi, July 1, 2018
Almost all experts and commentators including Finance Minister Arun Jaitley believe that India cannot have a single rate GST, but six GST rates - 0%, 3%, 5%, 12%, 18% and 28% -- is nowhere near the kind of GST this government set out to implement.


Virendrasingh Ghunawat
July 1, 2018
Thousands of GST officials from CGST office have decided to stay away from the one year GST celebration across the country. It indicates though the BJP government is trying to make it a bigger celebration event, everything is not okay within the taxmen fraternity who alleges pressure from seniors to meet the targets.


BusinessToday.In
New Delhi, June 29, 2018
As the Goods and Services Tax at the brink of completing its first year in operations, here's a look at what the taxpayers expect the unified indirect tax regime to achieve.


PTI
New Delhi, June 29, 2018
If petrol, diesel are to be brought into GST, then states will be allowed the levy taxes on top of 28 per cent to prop up revenue. It will take some time to include petrol, diesel in GST as the states have divergent views, Modi said.


PTI
June 29, 2018
India's growth accelerated to 7.7 per cent in the fourth quarter of Financial Year (FY) 2017-18. That was up from 7 per cent in the previous quarter.


PTI
New Delhi, June 27, 2018
CBIC member John Joseph says investigation has revealed that a modus operandi is being followed whereby fake invoices are being generated for goods which have not been supplied at all. Based on these invoices, some entities are claiming input tax credit.


BusinessToday.In
New Delhi, June 27, 2018
Now apply for passport from anywhere in India: MEA  External Affairs Minister Sushma Swaraj has launched a new scheme under which a person can apply for a passport from anywhere in India irrespective of the place of stay. She also launched a mobile application, available in Android and iOS platforms, that would have the facilities for applying, paying and scheduling appointments for acquiring a passport. A person can now choose the Regional Passport Office (RPO) and the Passp...


BusinessToday.In
New Delhi, June 26, 2018
A reason the government wants to include jet fuel and natural gas under the GST is low tax incidence on them, which is a safe bet for the government as they can be easily accommodated in the five-slab tax system.


BusinessToday.In
June 26, 2018
After the inaugural statement, the Prime Minister met several business leaders for a discussion on issues such as economic growth, infrastructure development, policy initiatives, investment, innovation and job creation. AIIB is a multilateral development bank with a mission to improve social and economic outcomes in Asia and beyond.


BusinessToday.In
June 26, 2018
The indirect tax department has reportedly sent tax notices to companies that transferred cash balance in their personal ledger account (PLA) to the transitional credit after the new tax regime, the Goods and Services Tax (GST), was rolled out in July last year.


BusinessToday.In
New Delhi, June 25, 2018
Fuel prices continued to either dip or remain stagnant from May 30. On Sunday, petrol prices across the country were slashed by 14-17 paise, while diesel fell by 7 paise.


Joe C. Mathew
New Delhi, June 25, 2018
Despite government initiatives, India's exports have remained below the 2013/14 levels. Exporters' GST problems and rising trade barriers suggest fast growth is unlikely to materialise.


PTI
New Delhi, June 24, 2018
GSTN CEO Prakash Kumar said the company will focus next on providing data analytics and improving user interface on the GSTN portal, besides developing backend system for assessment, audit, appeal and advance ruling for 27 states.


Dipak Mondal
New Delhi, June 22, 2018
With contradictory verdicts from Authority for Advanced Rulings (AAR) under the GST regime increasing the confusion among tax payers, the government is likely to constitute a centralised AAR for taxpayers who have five or more registrations.


BusinessToday.In
New Delhi, June 22, 2018
The Prime Minister said that in four years his government has taken steps to ease the process of doing business in India while maintaining macroeconomic indicators like current account deficit (CAD) within limits.


PTI
New Delhi, June 20, 2018
He said he would leave the office within the next two months by early September, even though his contractual term was co-terminus with the government.


Mudit Kapoor
New Delhi, June 20, 2018
Analysis of some of the financial indicators across the time horizon of 3 years (FY16 to FY18) to study the impact of demonitisation.


PTI
New Delhi, June 14, 2018
Sale of pre-GST packaged goods has now been allowed with stickers of revised rates till July 31, the government today said.


Dipak Mondal
New Delhi, June 14, 2018
The government has now introduced a functionality to update email and mobile number of the authorised signatory in the GST System


PTI
June 13, 2018



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