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1 min read
GST Council discuss coronavirus impact on economy
"Corona is not only a health crisis. It's going to be most dangerous economic crisis world is going…
PTI
1 min read
Impact of GST will take time to show results: Debroy
New Delhi, Dec 16 () The impact of GST on growth will take time and results will not be visible ove…
PTI
4 mins read
Car prices set to rise in January – Should you buy one in December?
India’s biggest automakers such as Maruti Suzuki and Tata Motors have announced a plan to increase …
2 mins read
GST Council gives two options to bridge compensation shortfall — states ask for seven working days to make up their mind
The Finance Ministry estimates the shortfall in cess collection this year will be around ₹2,35…
1 min read
Stocks are running out, online grocery stores tell FMCG companies
As per a recent Google-AT Kearney report on digital retail, FMCG and personal care, there w…
4 mins read
Here’s why this is the worst time to be in the business of hospitality in India
Compare this to the global statistics – GST charged for hotels in Malaysia is 6%, Thailand an…
2 mins read
Travel agents body calls for abolishing TCS ahead of its implementation from Oct 1
In a letter to the FM, TAAI President Jyoti Mayal said the TCS is a huge challenge for the tr…
PTI
2 mins read
GST to have macro economic impact: RBI
"The successful implementation of GST will result in additional revenue through simpler and…
3 mins read
GST Council may consider merging the 12% and 18% tax slab in the next meeting, says Finance Minister Nirmala Sitharaman
The Goods and Services Tax (GST) Council may choose to consider the proposal to reduce the number o…
3 mins read
India should use calibrated retaliation mechanism to deal with EU's carbon tax, says report
India should positively consider imposing retaliatory customs duties in a calibrated manner on cert…
PTI
1 min read
GST to make under-construction flats costlier by as much as 10%
However, it will not impact the prices of completed apartments and in case the flat has been bought…
2 mins read
GST could make air tickets costlier
Senior executives and industry experts have told ET that air travel would likely have a double nega…
4 mins read
India’s Income Tax Burden: Mere 0.3% of adult population account for 76% of total personal IT receipts
Data shows that currently India has 66.5 million individuals who pay personal income tax, which is …
1 min read
Govt raises concern over fake invoicing in B2B trade impacting GST collections
New Delhi, Nov 22 () The government on Friday raised concerns over fake invoices being generated in…
PTI
3 mins read
India’s GDP forecast raised but El Nino, export contraction threats hover
Economists now have a more optimistic outlook on India’s growth prospects after the ‘pleasant surpr…
2 mins read
VC investments in India dipped to $2.2 billion in the first three months of 2020, and experts see a grim future
In the wake of the coronavirus pandemic, businesses around the world have been impacted. Investment…
3 mins read
Petrol and diesel prices may not ease anytime soon as Nirmala Sitharaman rules out a cut in excise duty
Petrol and diesel as well as cooking gas and kerosene were sold at subsidised rates during the …
PTI
1 min read
Plan Ahead: Here’s how GST is going to impact your mutual funds, insurance premiums
The GST Council set a GST rate of 18% on financial services industry, which is going to make you…
2 mins read
GST hasn’t had much impact on online sales! Crazy discounts continue
Not only this, sellers that didn’t comply with GST and have now been reportedly delisted from…
3 mins read
From WhatsApp not working on select models to quarterly GST returns — these are some important changes in India from January 1
In this post, we look at all the changes that will come in effect from January 1, 2021. In a …