January 10, 2020
GST and KYC compliance

FinTech industry wants relief in GST and KYC compliance for small loans

Source: Financial Express Financial Technology (FinTech) industry plays a crucial role in improving access to financial services products across the country. Some of the factors responsible for the surge in […]
January 9, 2020
GST Audit

Government to begin GST audit for FY18; first set of notices sent

Source: Economic Times For the first time, after almost three years of implementation of Goods and Services Tax (GST), authorities have started issuing notices for the audit of assessees to […]
January 8, 2020
National GST Conference

2nd National GST Conference held for curbing evasion and augment revenue

Source: pib.gov.in Under the chairmanship of Revenue Secretary Ajay Bhushan Pandey, 2nd National GST Conference was held on Tuesday of the Chief Commissioners of Central Tax and Commissioners of State Tax. […]
January 7, 2020
e-wallet scheme

FIEO says the delay in e-wallet scheme is unfortunate

Source: smetimes.in On Monday, the industry body Federation of Indian Export Organizations (FIEO) termed the delay in e-wallet scheme as unfortunate. The scheme has not been in operation yet, which […]
January 6, 2020
GST compensation

States to face revenue gap of over ₹1 trillion post GST compensation withdrawal

Source: Livemint A report published by the economic think tank NIPFP says that the states might be facing a shortage of up to ₹1.23 Lakh Crore in consolidated revenue on […]
January 3, 2020
GST Compliance

Tax officers to discuss ways to boost compliance and plug leakages

Source: Economic Times Revenue Secretary Ajay Bhusan Pandey is to chair a day-long meeting on January 7 with top tax officials to discuss ways to streamline the Goods and Services […]
January 2, 2020
GST Revenue December

GST revenue mop-up crosses ₹1 Lakh Crore mark in December

Source: Business Today After contracting for two consecutive months in September and October, Goods and Services Tax (GST) revenue mop-up in December crossed the ₹1 Lakh Crore mark, growing 8.9% […]
December 31, 2019
GST Update

The center to discuss GST overhaul after presenting budget 2020-21

Source: Livemint The center along with state governments will conduct fresh negotiations on GST (Goods and Services Tax) structure after presenting the Union Budget on 1 February, said one of […]
December 30, 2019
GST Refunds

Around 250 established export houses denied GST refunds

Source: Financial Express Amidst the dismal performance of country’s export sector – merchandise exports dipped 0.34% year-on-year in November, contracting fifth time in the past eight months – as many […]
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