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Income Tax Return filing due date extended to October 31st 2018
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 8, 2018
The Central Government today extended the due date for Tax Audit and return filing under the provisions of Income Tax Act to October 31st...
GST policy on e-commerce may make life difficult for cab startups
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 8, 2018
A Bengaluru-based startup has filed an appeal questioning a July 27 ruling by GST authorities in Karnataka which said app-based cab aggre...
World Bank says that Indian economy has recovered from disruptions of demonetization and GST, gro...
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 8, 2018
Growth in India is firming up and projected to accelerate to 7.3% in the 2018-19 fiscal and 7.5% in the next two years, the World Bank sa...
Fuel under GST to affect states’ revenue: Chief Ministers
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 8, 2018
Opposing the idea of bringing fuel products under the Goods and Services Tax (GST), three Chief Ministers from different political partie...
Travel portals seek clarity on TCS provision under GST
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 5, 2018
India’s online travel providers such as MakeMyTrip, Yatra, Cleartrip and others are in a quandary over the new tax collected at source (T...
Supreme Court upholds GST compensation tax as constitutionally valid
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 5, 2018
The Supreme Court has put its stamp on the constitutional validity of the GST (goods and services) law permitting collection of a cess to...
High Court stays action against some exporters for wrongly availing GST benefits
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 5, 2018
In what may provide a respite for many exporters, the Gujarat High Court has asked the primary anti-smuggling intelligence agency to not ...
Govt may extend term of GST anti-profiteering watchdog
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 5, 2018
The government may extend the term of the National Anti-profiteering Authority (NAA) beyond its original two-year mandate, with policymak...
GST cheer for government as states’ shortfall drops
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Oct 5, 2018
Amid a sense of doom and gloom spread by the falling rupee, rising oil prices and widening current account deficit, the government has at...
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