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Budget 18: Realty sector eyes lower GST, infra status
News & FAQs | By ALOK PATNIA | Jan 15, 2018
Severely impacted by various reforms like RERA, GST and demonetisation, the realty sector is pinning its hopes on Budget 2018-19 for reli...
Budget 2018: Mutual Funds seek simplication of GST rules applicable to MFs
News & FAQs | By ALOK PATNIA | Jan 15, 2018
The mutual fund industry has written to the Finance Ministry as a part of its proposals for Budget 2018, seeking, among other things, sim...
GST Council may cut rates on farm equipment, e-vehicles
News & FAQs | By ALOK PATNIA | Jan 15, 2018
The GST Council, in its meeting scheduled for January 18, is likely to focus on rationalisation of Goods and Services Tax (GST) rates on ...
4 states are generating 1.4 lakh e-way bills a day
News & FAQs | By ALOK PATNIA | Jan 15, 2018
Four states currently implementing the electronic way (e-way) bill system as a pilot are generating 1.4 lakh bills per day on the GST Net...
Panel Against Including All Services in GST Composition Scheme
News & FAQs | By ALOK PATNIA | Jan 15, 2018
A government-appointed committee has recommended against inclusion of all services, barring restaurants, under the ambit of composition s...
GST regime to boost polymer downstream industry in West Bengal
News & FAQs | By ALOK PATNIA | Jan 12, 2018
The new taxation regime under Goods and Services Tax (GST) is all set to boost polymer downstream industry in the eastern region, includi...
SIAM says GST refunds hit car exports
News & FAQs | By ALOK PATNIA | Jan 12, 2018
India’s passenger vehicle (PV) exports remained flat in 2017, plagued by the issue of GST refunds to automobile manufacturers, which has ...
Recommendation on Union Budget 2018-19
General | By Editor | Jan 11, 2018
Finance minister Arun Jaitley will present his fifth budget on February 1 and most-asked question before finance bill tabled in parliamen...
GST panel proposes centralised registration of big service providers
News & FAQs | By ALOK PATNIA | Jan 11, 2018
The biggest compliance burden for large service providers such as banks and airlines, who were required to apply for multiple registratio...
Hostel mess facility to attract 5% GST: Finance ministry
News & FAQs | By ALOK PATNIA | Jan 11, 2018
Mess facility provided to students and staff will attract 5% GST irrespective of whether it is provided by educational institution or out...
India Inc may get relief in GST transition credit in Budget 2018
News & FAQs | By ALOK PATNIA | Jan 11, 2018
In a bid to provide relief to companies, the government is likely to extend deadline for the Goods and Services Tax (GST) transition tax....
Officers panel to finalise changes in GST laws and rules today ahead of council meet on Jan 18
News & FAQs | By ALOK PATNIA | Jan 11, 2018
Deferment of some of the key features under GST, including reverse charge mechanism (RCM), tax deducted at source (TDS) and tax collected...
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