Source: telegraphindia.com Considering the lower than expected mop-up so far, the finance ministry fears a shortfall of ₹ 50,000 Crore in GST collections during this financial year. The auto industry […]
Source: dnaindia.com The State Goods and Services Tax (SGST) collection in Gujarat for the first five months of the current fiscal year stood at ₹ 14,642 crore. Compared to last […]
The government announced that a new GST return filing system will be introduced to make it easier for taxpayers. From January 2020 onwards, all taxpayers will be filing Form GST […]
Source: IndianExpress There is a growing expectation that the Goods and Services Tax (GST) Council will decide to cut tax rates for the auto industry in its next meeting in […]
GST audit refers to the examination of records, returns, and other documents maintained by a registered business. Goods and Services Tax (GST) is structured in a way which promotes efficient […]
Source: Financial Express Goods and Services Tax (GST) Council is speculating over measures to curb tax evasion due to the concerns over the rise in the number of cases. The […]
Source: newindianexpress.com The National Anti-profiteering Authority (NAA) is closely monitoring fast-moving consumer goods (FMCG) and consumer durable companies for price manipulation ahead of the festival season. The authority is especially […]
Source: thenews21.com Following the promise of Finance Minister Nirmala Sitharaman to clear all pending GST refunds of micro, small and medium enterprises (MSMEs) within 30 days, the Central Board of […]
Source: businesstoday.in Amid an economic slowdown, the Goods and Services Tax (GST) collection in August 2019 stood at ₹ 98,202 crore from over ₹ 1.02 lakh crore in the previous […]