GST & Other Indirect Taxes | By ALOK PATNIA | Jan 18, 2019
Photo Credit: Bloomberg Quint A GST ministerial panel will suggest whether a uniform tax rate should be imposed on lotteries or the cur...
GST & Other Indirect Taxes | By ALOK PATNIA | Jan 17, 2019
The Delhi High Court has stayed an order given by the National Anti-profiteering Authority (NAA) against Hindustan Unilever Ltd (HUL). NA...
GST & Other Indirect Taxes | By ALOK PATNIA | Jan 16, 2019
Credit: Livemint The GST e-way bill system is likely to be integrated with NHAI’s FASTag mechanism from April to help track movemen...
GST & Other Indirect Taxes | By ALOK PATNIA | Jan 16, 2019
Credit: Times of India The government on Tuesday said that a seven-member panel of state finance ministers will consider the proposal o...
GST & Other Indirect Taxes | By ALOK PATNIA | Jan 15, 2019
News of simplification of the goods and services tax (GST) norms is welcome. Allowing composition dealers to file one annual return with ...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 15, 2019
Finance Minister Arun Jaitley may double the income tax exemption threshold for the salaried from the present Rs. 2.5 lakh to Rs. 5 lakh ...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Jan 14, 2019
Credit: Business Setup Worldwide As one of the fastest-growing economies in the world with its recent economic reforms, India present...
GST & Other Indirect Taxes | By ALOK PATNIA | Jan 14, 2019
Credit: Times Now In a consumer-friendly measure, the revenue department is planning to make it mandatory for composition dealers and s...
GST & Other Indirect Taxes | By ALOK PATNIA | Jan 14, 2019
Source:Economic Times Indian businesses may soon be able to amend goods and services tax (GST) return mandated for carrying forward tax...
Direct Taxes (including International Taxation) | By ALOK PATNIA | Jan 11, 2019
BoI paid MMRDA the lease premium and additional premium for FSI (floor space index) along with interest and fee for delay in the construc...
GST & Other Indirect Taxes | By ALOK PATNIA | Jan 10, 2019
“Each one of these decisions is intended to help SMEs” 1. Exemption limit for GST registration – 20 lakhs replaced by 40 lakhs. For Hilly...
GST & Other Indirect Taxes | By ALOK PATNIA | Jan 9, 2019
The number of tax filers failing to file their returns has been increasing in the 17 months of GST implementation until November 2018, ac...