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You Searched For "GST composition scheme" and got 16 results


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Finance Ministry should identify high risk taxpayers in GST composition scheme: CAG

The Comptroller and Auditor General (CAG) has asked the Finance Ministry to identify high risk taxp…

PTI   


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Adani JV and IdeaForge among 14 firms shortlisted as beneficiaries for drone PLI scheme

Under the PLI scheme that was announced last year, the incentive for a manufacturer of drones and d…

PTI   


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1 min read

Punjab GST to be amended in line with Central GST Act

Chandigarh, Dec 2 () The Punjab Goods and Services Tax (Amendment) Act, 2017 will be suitably amend…

PTI   


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Enhanced GST revenue collections should now be 'new normal', says Finance Minister Nirmala Sitharaman

She said for eight months in a row, GST revenues have crossed ₹1 lakh crore mark and we have s…

PTI   


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Interest on delayed GST payment will now be calculated on net tax liability

Amid worry in the industry regarding CBIC's recent directive to field formations to begin recovery…

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India crosses the trillion mark in tax collection in April, the first time since GST was implemented

GST revenue buoyancy is expected to improve during the upcoming months after the electronic …

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1 min read

Only 50 luxury and 'sin' items find their place in GST's highest slab

In what is one of the biggest reductions ever since GST came into effect from July 1, the GST Counc…

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GST could soon be in for the biggest revamp since its launch this year

According to experts, among the key points that may be addressed in a revamp are rules that de…

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3 mins read

The Modi administration continues its courtship of small businesses with a GST breather — but it seems unlikely that state governments will opt in

The council decided to double the minimum revenue threshold for compliance with the tax to ₹4 mi…

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2 mins read

Finally! GST confirmed for July rollout

"States were seeking that dhabas and small restaurants can adopt the composite scheme. The Centre h…

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1 min read

FHRAI wants 28% GST to be levied on hotel slabs above Rs 10,000, instead of Rs 7,500

This has come in the aftermath after presentation put forward by FHRAI, for the Government…

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3 mins read

All online purchases to attract GST soon: Amit Mitra panel

Dr Mitra had served as Secretary General of the Federation of Indian Chambers of Commerce and Ind…

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5 mins read

With less than a day to go for Budget, here's what you should look out for in India's balance sheet

In zeroing down on the perfect budget (there being no such thing of course), the Government should …

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1 min read

Ind-Ra revises outlook on textile sector to negative from stable

The rating agency estimates yarn production for 2020-21 to remain muted, with lack of visibility on…

PTI   


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Govt extends tax deadlines, waives ATM charges, relaxes insolvency norm ahead of eco stimulus

"This will by and large prevent triggering of insolvency proceedings against small, micro and medi…

PTI   


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Highlights of RBI's sixth bi-monthly monetary policy statement for 2019-20

* Extension of date of commencement of commercial operations of project loans for commercial real …

PTI