You Searched For "GST composition scheme" and got 20 results
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2 mins read
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
3 mins read
Cloud kitchens are restaurants, ice cream is not food and other important clarifications that will affect GST rates
One of the reasons behind this is the ever-evolving business landscape – for instance, while clo…
2 mins read
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
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
2 mins read
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
1 min read
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…
PTI
3 mins read
India crosses the trillion mark in tax collection in April, the first time since GST was implemented
With the improved economic climate, introduction of e-way bill and improved GST compliance, GST col…
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…
2 mins read
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…
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…
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…
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…
1 min read
GST council clears almost all rules, except for remaining four
To meet the July 1 target of GST roll out, the council has approved five amended rules for the Good…
4 mins read
GST to be rolled out by July 1. This is how it will be different from UK, Canada, other countries
France was the first country to implement GST in 1954, in order to reduce tax evasion. Since then, …
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…
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 …
6 mins read
Are you moonlighting? Here is what to know when filing your taxes
Moonlighting is the act of engaging in a secondary job or additional work alongside one's primary e…
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
3 mins read
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
1 min read
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 …