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Total 4124 results found. Search for [ Goods and Services Tax ]

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PTI
August 28, 2020
While participating in the 41st GST Council on Thursday through video-conferencing, the deputy chief minister requested the Centre to provide maximum financial support to Haryana, as the COVID-19 pandemic has adversely affected the economy of the state


BusinessToday.In
August 28, 2020
Taking to Twitter, the Rajya Sabha MP and former union minister Jairam Ramesh said that the Centre is abdicating its legal obligations and that states should oppose it tooth and nail


Nirbhay Kumar
August 28, 2020
The Central Board of Indirect Taxes and Customs (CBIC) has constituted a group of officers to complete consultation exercise with industry bodies


PTI
August 28, 2020
Though the state is in dire need of \"financial assistance\" in the form of GST compensation, Gujarat Deputy Chief Minister Nitin Patel said the Centre's hands are also tied due to its dwindling cess revenue


Dipak Mondal
August 27, 2020
ICRA estimates that the overall SGST collection during the year would fall by 21 per cent to Rs 4.01 lakh crore compared to Rs 5.06 lakh crore last year; compensation requirement this year could be Rs 3.63 lakh crore


BusinessToday.In
August 27, 2020
Stock market update for upcoming week:  5 things to know before Friday's opening bell


BusinessToday.In
August 27, 2020
Shortfall in collection of goods and services tax (GST) stands at Rs 2.35 lakh crore for fiscal 2021, the government said on Thursday


BusinessToday.In
August 27, 2020
GST Meeting News Updates: Meeting was attended by MOS Anurag Thakur, besides finance ministers of states and UTs and senior officers from Union government and states


Dipak Mondal
August 27, 2020
GST Council meet: The total compensation paid to the states in 2019-20 was Rs 1,65,302 crore whereas the amount of cess collected during the period  was Rs 95,444 crore, a shortfall of Rs 70,000 crore


Aishwarya Paliwal
August 27, 2020
Centre had recently informed the parliamentary standing committee on finance that it does not have enough funds to pay the 14 per cent GST compensation that it is statutorily mandated to pay to states


BusinessToday.In
August 26, 2020
West Bengal Finance Minister Amit Mitra said that the states should not be asked to borrow from the market as it will increase their debt servicing liability


Rupa Burman Roy
August 26, 2020
Auto stocks led the rally today after the country's finance minister FM Nirmala Sitharaman said the GST Council would consider the proposal to reduce tax on two-wheelers. Currently, the goods and services tax (GST) rate on motorcycles and scooters stands at 28%


BusinessToday.In
August 26, 2020
Since FY16, states are entitled to get 14 per cent hike in revenue, though COVID-19 has badly hit Centre's revenues; govt has been of view that states can be compensated for revenue shortfall from compensation cess only


PTI
August 26, 2020
The GST Council, comprising centre and state finance ministers, in its 39th meeting in March had decided that interest for delay in payment of GST to be charged on net tax liability with effect from July 1, 2017, and law would be amended retrospectively


BusinessToday.In
August 26, 2020
Hero MotoCorp share price hit a fresh 52 week high of Rs 3,124 rising 5.18% from previous close of Rs 2,971 on BSE


BusinessToday.In
August 26, 2020
India Stock Market Highlights: Bajaj Auto, followed by Bajaj Finserv, IndusInd Bank, M&M, PowerGrid, Bajaj Finance, Axis Bank, Kotak Bank and ICICI Bank were among the top gainers today. On the other hand, Bharti Airtel, Asian Paints, HCL Tech, HDFC and TCS were among the laggards


BusinessToday.In
August 26, 2020
Stocks to watch today on August 26: TCS, SBI, PNB, JMC Projects, Procter & Gamble Hygiene among others are the top stocks to watch out for in Wednesday's trading session.


BusinessToday.In
August 25, 2020
Addressing at a CII virtual platform, FM Sitharaman said that most two-wheelers are neither luxury nor demerit goods and hence can be considered for rate revision


BusinessToday.In
August 24, 2020
Earlier, the GST exemption limit was fixed at Rs 20 lakh. In addition, those with a turnover of up to Rs 1.5 crore can opt for the Composition Scheme and pay only 1 per cent tax


PTI
August 24, 2020
In a series of tweets, the ministry said before goods and services tax (GST), the combination of value-added tax (VAT), excise, sales tax and their cascading effect resulted in high standard rate of tax up to 31 per cent


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