Tag: goods and services tax
17 Results
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FinMin Sitharaman invites suggestions on ‘GST Feedback Diwas’
This is the first time after introduction of GST that taxpayer consultation is being done on "such a large scale".
December 7, 2019 -
‘Sorry, GST may have flaws, but it’s law of land’: Nirmala Sitharaman
During an interaction with businessmen, entrepreneurs, CAs and others in Pune, Sitharaman asked tax professionals not to curse the GST system and sought their help to make it better.
October 12, 2019 -
GST Conundrum
This is far removed from the promised uncomplicated, ‘one nation; one tax’ that the GST was supposed to be, with expectations of a single rate across all goods and services, ideally under 15 per cent, lowering costs for payer and administrator.
September 9, 2019 -
GST Collections: Haryana contributes 4.7 pc to national kitty
While stating this on Tuesday, the excise and taxation minister, Abhimanyu said that the per capita GST Collection from the state stands at Rs 21,745 whereas national per capita GST collection is Rs 9,370.
July 24, 2019 -
Chetan Bhagat wants to use his books to address issues
Bhagat's latest non-fiction book "India Positive" comprises essays examining a gamut of subjects such as education, employment, Goods and Services Tax (GST), corruption and casteism.
July 7, 2019 -
Two years on, Arun Jaitley says GST proved to be consumer, business-friendly
In pre GST era the States had multiple laws which entitled them to impose taxation at different points. The States were scared of the fear of the unknown but the Central Govt. persuaded States with a 14% annual increase from the tax base of 2015-16 for a period of five years, said Jaitley.
July 1, 2019 -
New GST return filing system to simply process: Sushil Modi
The deadline for implementation of the new system for small taxpayers is January 1, 2020, whereas, for big taxpayers above Rs. 5 crores, it is October 1, 2019, he said, adding the prototype of the filing system will be made available Monday.
June 30, 2019 -
May Goods and Services Tax (GST) collection stays above Rs 1 lakh cr, but lower than April
The total number of GSTR 3B Returns filed for the month of April up to May 31, 2019 is 72.45 lakh. The GSTR-3B Form records the summary of outward supplies, input tax credit (ITC) claimed and net tax payable.
June 1, 2019 -
April GST collection exceeds Rs 1.13 lakh crore, highest leap since roll-out
The Goods and Services Tax collection rose 10.05 per cent in April 2019 from a year ago
May 1, 2019 -
Samsung chide for not passing GST benefits to consumers
A Samsung India spokesperson said Samsung reduced its sales price according to GST reduction with effect from January 1, 2019. They are cooperating with DGAP on this matter. Sources said the complaint refers to only one of the company television models and that the company will reply to the notice soon.
April 19, 2019 -
Rahul’s session at Stella Maris questioned when Model Code of Conduct is in place
He also took a range of questions from the students about Kashmir policy, especially economic growth and bringing peace in Jammu and Kashmir.
March 15, 2019 -
GST cut in realty sector: Mixed reactions from industry experts
It is a buyer-centric move. Developers will be burdened with GST payments to vendors, suppliers, agencies and contractors and it will increase the cost further amid the already shrinking margin due to the dynamic policies of the government.
February 25, 2019 -
West Bengal likely to exceed overall CGST collection for the entire fiscal: Official
The overall CGST collection for the entire fiscal from the state is expected to exceed the Rs 18,000-crore target for the financial year ending March 2019.
February 16, 2019 -
Naveen Patnaik asks Finance Commission to increase tax devolution to 50 per cent
He also sought granting a special package for disaster management of at least Rs 1,500 crore to build more cyclone shelters and improve early warning systems in the state.
January 9, 2019 -
India to contribute Rs 4500 crore to Bhutan’s 12th five-year plan
India’s assistance to Bhutan's 12th plan, which runs from 2018 to 2023, would conform to its needs and priorities.
December 28, 2018 -
FICCI lauds GST Council’s decision to reduce tax rates on several items, services
"The government has been pro-actively engaging with various sectors and I am confident that going forward the council would continue to address issues," he added.
December 23, 2018 -
PM Modi now implementing Congress suggestion on GST: Rahul Gandhi
Gandhi's remarks came 2 days after PM Modi said that the government was aiming to bring 99 per cent of items at or below 18 per cent GST slab.
December 20, 2018