October 14, 2019
GST Collection

Committee formed to boost GST collections to hold first meeting on Tuesday

Source: indiatoday.in A high-level committee set up by the GST Council to suggest measures to boost GST revenue collection will hold its first meeting on Tuesday. The 12-member committee which […]
October 11, 2019
GST Rrevenue

GST Council sets up a committee to boost revenue

Source: businesstoday.in On Thursday, amidst the failing Goods and Services Tax (GST) revenues, the GST Council Secretariat set up a panel of Central and State tax officers to suggest “a […]
October 10, 2019
GST revenue

Centre’s GST revenue goes up, state’s collection dip

Source: business-standard In the current financial year, the overall monthly collections under the Goods and Services Tax (GST) are showing a weak trend due to the slowdown. In the first […]
October 9, 2019
Income Tax Update

E-Assessment scheme launched by I-T Department

Source: Economic Times On Monday, the income tax department launched a faceless e-assessment scheme that eliminates the physical interface between an assessing officer and a taxpayer. Considered as a major […]
October 4, 2019
Sahaj Sugam GST Return

Sahaj and Sugam – GST Council Approves Simpler Returns

In its 31st meeting, the Goods and Services Tax (GST) Council decided to introduce a new GST return system to facilitate taxpayers. A prototype of the offline tool has been […]
October 4, 2019
GST Nil Return Filing

File GST NIL Return just by sending SMS from April

Source: Times of India Starting from 1st April 2020, one in five Goods and Services Tax (GST) payers will simply need to send an SMS (short message service) to file […]
October 3, 2019
September GST Collection

September GST Collection slips below ₹1 Lakh Crore mark

Source: Economic Times The Goods and Services Tax (GST) collection in September has dropped to a 19-month low at ₹91,916 Crore, according to the data released by the government on […]
October 1, 2019
GST Reconciliation

What is GST Reconciliation and what are its common issues?

Under Goods and Services Tax (GST), reconciliation means recording every transaction that took place during a period while also ensuring that the data filed by the supplier matches with those […]
September 27, 2019
GST Refund Online

GSTN has Started the Online Refund Process

Source: Business Standard GST Network, which provides IT infrastructure and services to the indirect tax system, has unveiled the online refund process as directed by the GST Council. In a […]
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