September 24, 2019
GST Rate Cut on Hotel

GST Rate Cut on Hotel Tariffs Might Boost Tourism

Source: thehindubusinessline.com Goods and Services Tax (GST) Council in its 37th Meeting held in Goa announced a reduction in the tax rate for hotel room tariffs. On Monday, Prahlad Singh […]
September 23, 2019

Highlights of the 37th GST Council Meeting

In midst of the demand for rate cuts by several industries, the GST Council held its meeting in Panaji on 20th September 2019. Headed by the Union Finance Minister Nirmala […]
September 23, 2019
GST Collections

GST Collections to Fall Short of ₹ 40,000 Crore from Expectation

Source: Times of India The government is expecting to fall short of around ₹ 40,000 Crore in the Goods and Services Tax (GST) collections over what has been a budgetary […]
September 20, 2019
Tax Collection

Low Tax Collection May Restrict Govt From Providing a Stimulus Package

Source: financialexpress.com The slow growth in the net direct tax collections so far in this fiscal may limit the government from providing a fiscal stimulus to the failing economy. The […]
September 19, 2019
GST Payment

Govt may Levy Different Interest Rates for Late GST Payment

Source: Hindustan Times In an effort to pursue businesses to pay their taxes on time and to boost revenue collection, the government might levy different interest rates on taxpayers for […]
September 17, 2019
Due Dates for Large and Small Taxpayers

Large & Small Taxpayers might have Separate Due Dates: GST Council

Source: cnbctv18.com In the upcoming meeting, the GST council is likely to discuss the possibility of separate due dates for large and small taxpayers, under the new simplified return process. […]
September 16, 2019
Next GST Council Meet

Next GST Council Meet Agenda: Check Evasion & Boost Collections

Source: Times of India The next GST Council meeting to be held in Goa on Friday will focus on shutting down leaks and prevent evasions by adopting new provisions. Cases […]
September 12, 2019
Annual Returns Filing

Small taxpayers might be waived off of filing annual returns

Source: cnbctv18.com In order to ease the compliance burden for small taxpayers, the upcoming Goods and Services Tax (GST) Council meeting is likely to waive off the requirement to file […]
September 11, 2019
HostBooks Anniversary Sale offers

HostBooks is Celebrating 4 Years of Unity, Trust & Deliverability

On the special occasion of completing 4 years, we have launched the 4th Anniversary Celebration Sale (5th to 20th September) for all our software solutions. The ability to manage accounting […]
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