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Cabinet clears amendments to GST laws
GST & Other Indirect Taxes | By ALOK PATNIA | Aug 2, 2018
The Cabinet today approved GST laws amendments which included hiking threshold limit for availing composition scheme dealers to Rs 1.5 cr...
GST officers arrest 2 businessmen for Rs 201 crore tax evasion
GST & Other Indirect Taxes | By ALOK PATNIA | Aug 2, 2018
GST officers have arrested two city based businessmen for evading taxes worth Rs 201 crore by fraudulently issuing invoices of Input Tax ...
GST evasion worth Rs 3,026 crore detected in 1 year
GST & Other Indirect Taxes | By ALOK PATNIA | Aug 1, 2018
The government has detected GST evasion worth Rs 3,026 crore in the last one year in relation to misuse of input tax credit and non-payme...
GST to have three tax slabs by November 2018
GST & Other Indirect Taxes | By ALOK PATNIA | Aug 1, 2018
After reducing rates of about 90 items in the last GST council meet, the government is planning to go for further simplification of tax r...
Most white goods get cheaper by 8% after GST cut
GST & Other Indirect Taxes | By ALOK PATNIA | Jul 31, 2018
Thanks to the recent reduction in the GST rate from 28% to 18%, washing machines, refrigerators and microwave ovens among a clutch of oth...
Govt unveils draft GST returns forms, seeks public comments
GST & Other Indirect Taxes | By ALOK PATNIA | Jul 31, 2018
The tax department on Monday put up in public domain draft GST returns forms — Sahaj and Sugam — for seeking comments from st...
Half of taxpayer base had the option to stay out, but chose otherwise
GST & Other Indirect Taxes | By ALOK PATNIA | Jul 31, 2018
Over half of the 96 lakh regular taxpayers registered for the goods and services tax (GST) have an annual revenue below the Rs 20-lakh th...
Off-season hotel room rates may drop after GST changes
GST & Other Indirect Taxes | By ALOK PATNIA | Jul 30, 2018
Travellers can look forward to cheaper hotel rooms, especially in off-season periods, with the GST Council granting the industry’s demand...
Micro and small-scale units seek relaxations in GST norms
GST & Other Indirect Taxes | By ALOK PATNIA | Jul 30, 2018
The micro and small-scale units here have sought modifications and relaxations in GST norms to facilitate ease of doing business and bett...
Solar industry demands urgent clarity on rate of GST on projects
GST & Other Indirect Taxes | By ALOK PATNIA | Jul 30, 2018
Country’s solar industry has sent out an SoS to policy makers, including key officials in the financeNSE -0.60 % ministry, seeking urgent...
#TADSignals – Funding & Investments in the Indian ecosystem – Weekly Report [22nd – 28...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Jul 30, 2018
1. Startup PaySense Raises $18 Mn From Naspers-Backed PayU after selling an undisclosed stake. PayU has invested $11.5 Mn in the company ...
#TADSignals – Happenings in the business ecosystem you cannot miss- Weekly Report [22nd-28th July...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Jul 30, 2018
1. In a monsoon bonanza for consumers, the GST Council today cut tax rates on several general-use items such as TV, washing machine and r...
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