GST & Other Indirect Taxes | By ALOK PATNIA | Dec 22, 2018
In any taxation statute, periodical reporting to the tax authorities is the backbone of the tax structure, GST being no exception. Soon a...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 22, 2018
Goods and Services Tax (GST) Council will meet in New Delhi today amid heightened expectations that the panel will cut rates on several i...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 22, 2018
About 25 per cent of the total 2.79 lakh business houses in the state registered under the GST have defaulted their return filing. The tr...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 22, 2018
The government will use Business Intelligence and Analytics to improve the GST network and detect the cases of mismatch and tax evasion...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Dec 21, 2018
Amid concerns being raised by budding entrepreneurs on angel tax, the commerce and industry ministry said Thursday that startups need t...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 21, 2018
Prime Minister Modi on December 18 indicated that Goods and Services Tax (GST) will be reduced from the present 28 per cent to 18 per cen...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 21, 2018
There will be no tax relief for five-star luxury hotels as the GST Council is unlikely to reduce the 28% GST tax on luxury hotels with ta...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 20, 2018
The Income Tax department has introduced additional checks to prevent outgo towards bogus refund claims based on fraudulent investments s...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 20, 2018
The issue is likely to be taken up at the GST Council meeting on December 22. With the government focussing on financial inclusion, the...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 20, 2018
The Ministry of Finance on Tuesday said the Goods and Service Tax Network (GSTN) has started development of the components of the new GST...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 19, 2018
Indicating that further simplification of the Goods and Services Tax is on the anvil, Prime Minister Narendra Modi said his government ...
GST & Other Indirect Taxes | By ALOK PATNIA | Dec 18, 2018
Top executives of India’s $37-billion pharmaceutical industry have a new destination on their frequent travel plan – Kanpur. The dire...