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

Gross mismanagement of the economy, starting with demonetisation in November 2016 and continued with untimely, unplanned and sudden nation-wide lockdown has compounded the GST problem. Centre's refusal to pay compensation to states now may derail it completely

Coronavirus lockdown in India updates: A case has been registered at Bandra Police station under section 143, 147, 149, 186, 188 of Indian Penal Code, read with Section 3 of Epidemic Act, against 800-1000 unidentified people

Live updates on India coronavirus: Essentials will be delivered door-to-door in sealed coronavirus hotspots in Delhi; list of sealed areas to be released tomorrow

Union Budget 2020 Live Updates: PM Modi says budget will increase income, investment, demand and consumption, and will bring new vigor in financial system and credit flow

Prescriptions from top experts in business, economics, politics and taxation

India's exports have declined 9.71 per cent to $25.01 billion in June 2019 as compared to $27.7 billion in June 2018. It becomes all the more difficult as the global trade environment is far from being export friendly

Here's what the who's who of India Incorporated has to say to Modi 2.0 government which is supposed to take on several economic challenges in near future.

As the basic law and rates settle down, authorities are bracing for the next round - legal challenges from businesses.

The law requires every e- commerce operator to collect 1 per cent tax in case of inter-state transactions and 0.5 per cent in case of intra-state transactions.

The CAG is auditing the functioning of GST, including aspects of registration, refund, input tax credit, transition credit mechanism, ease of payment of taxes and the impact on the economic activity.

The Goods and Services Tax (GST) has just completed a year, and it has been an eventful journey.

As the Goods and Services Tax turned one, Business Today organised a discussion to understand how the journey had been so far, and what needed to be done in future. The panel, comprising Anita Rastogi, partner, indirect tax, PwC; Abhishek A. Rastogi, partner, Khaitan & Co; Atul Gupta, senior director, Deloitte, Haskins & Sells LLP; Ajay Sahai, Director General & CEO, Federation of Indian Export Organisations; Harpreet Singh, partner, indirect tax, KPMG; and Anil Bhardwaj, secretary general, Federation of Indian Micro & Small and Medium Enterprises held a 90-minute discussion

The GST bandwagon has had a choppy ride in the first year but is gaining momentum. Further fine-tuning of the GST law holds key to future success

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.

The government has now introduced a functionality to update email and mobile number of the authorised signatory in the GST System