At the time of penning this, the COVID-19 crisis is increasing exponentially all over the world. Global leaders and organizations are doing their best to manage this crisis. Even so, the boundaries are getting severely stretched. However, it is not just a macro crisis that needs to be handled at a global level.
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on 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 | Last updated on 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 | Last updated on 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 | Last updated on 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 | Last updated on 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 | Last updated on 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 | Last updated on 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 | Last updated on 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...
Corporate Law & Intellectual Property Rights | By ALOK PATNIA | Last updated on Dec 19, 2018
The start-up community is again buzzing about notices from the Income Tax Department and yesterday there were media reports stating, “Ang...