Four arrested for Rs 400 cr GST fraud, ED might join probe
The CGST department has arrested four persons for allegedly making false input tax credit (ITC) claims causing loss to the exchequer to the tune of at least Rs 400 crore.
Return filing system is working fine: GSTN
GSTN said any online system has to have a load threshold and for GST return filing system, it is a...
How to address the challenges expected from new GST returns
There could be several other concerns that could come up during the actual GST re...
FM holds meeting on GST simplification; similar meetings across country on Dec 7
To highlight the problems faced by GST filers, the stakeholders attempted to file specific returns on a real-time basis in the meeting and tried to show where they are facing difficulties.
E-invoicing to be introduced on a voluntary basis: here's what you should know
E-invoicing in India will be a big move, due to the volume of business transactions undertaken every day.
Nimesh Chandan on where to find better returns than largecaps
Smallcap companies going through some cyclical downturn because they are more connected to the economy.
Startup India Vision 2024: DPIIT for cutting compliance time to just 1 hour per month for startups
It has proposed providing work orders and pilot projects from the government, ranking of ministries and central public sector undertakings for their increased engagement with startups, and organising a global startup event in the country.
ClearTax aims for Rs 100 crore business from online GST course
The company has set a target of training 75,000 tax professionals, and more than 2 lakh businesses through new e-learning course in partnership with online education platform Udemy.
GST might have flaws but cannot damn it now: Finance Minister Nirmala Sitharaman
"GST might have flaws but I'm sorry, it's the 'kanoon' of the country now," Sitharaman said.
GSTR-9, GSTR-9C gets simplified further, submission dates extended
CBIC expects that with these changes and the extension of deadlines, all the GST taxpayers would be able to file their Annual Returns along with Reconciliation Statement for the financial years 2017-18 and 2018-19 in time.
Returns for equity and debt funds have converged over 5-year period: Sampath Reddy
Going forward, the 5-year return of equity and debt funds may not be similar.
There should be just 3 GST rates: 6, 12 & 18%: Bibek Debroy
For small and medium cos, GST has also complicated matters because of various rates and processes.
GST: The challenges before India's largest indirect tax reform
GST was supposed to untangle the indirect tax regime and facilitate economic growth.
Assam CM directs for new set of building bye-laws within October 31
The Chief Minister issued the directions in a meeting held on GST at his conference room.
GST collection remains below Rs 1 lakh crore mark at Rs 95,380 crore in October
This is the third consecutive month when GST mop-up remained below the Rs 1 lakh crore mark.
Copyright © 2019 Bennett, Coleman & Co. Ltd. All rights reserved. For reprint rights: Times Syndication Service