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Traders are coming up with new ways to evade GST
News & FAQs | By ALOK PATNIA | Last updated on Jan 17, 2018
The government may try to put in place rules to check tax evasion but trust ingenious businessmen to come up with ways to beat it. That&#...
Single GST form likely for service providers
News & FAQs | By ALOK PATNIA | Last updated on Jan 16, 2018
Service providers such as telcos, banks, insurers and airlines may need to file just one centralised form in respect of the goods and ser...
GST on hotels and restaurants
GST & Other Indirect Taxes | By ALOK PATNIA | Last updated on Jan 15, 2018
Fooding is one of those business segments which will never go “out of fashion”. According to the National Restaurant Association of Indi...
Finance Ministry to simplify GST profiteering complaint form
News & FAQs | By ALOK PATNIA | Last updated on Jan 15, 2018
The finance ministry is planning to simplify the form which consumers are required to fill to submit their complaints against businesses ...
Budget 18: Realty sector eyes lower GST, infra status
News & FAQs | By ALOK PATNIA | Last updated on 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 | Last updated on 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 | Last updated on 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 | Last updated on 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 | Last updated on Jan 15, 2018
A government-appointed committee has recommended against inclusion of all services, barring restaurants, under the ambit of composition s...
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