May 30, 2019
GST Changes

Five GST Fixes that Modi Government Needs to Implement

Source: India Today On July 1st, 2019, the Goods and Services Tax (GST) shall be completing its two years of getting implemented. Inspired by the idea of ‘One Nation – […]
May 29, 2019
GST Return New Form

GST Council Implements New Return Forms In a Phased Manner

Source: The Economic Times Big businesses will have to start filing GST Returns in the new form before others, with the authorities planning a gradual approach for all future changes […]
May 28, 2019
GST Compensation

Finance Commission Does Not Intend To Extend GST Compensation

Source: Business Standard The 15th Finance Commission does not have any plan to heed the request of state governments to extend the period for the Goods and Services Tax compensation beyond […]
May 27, 2019
GST Returns new form

Phase-wise Implementation of GST New Return Forms

Source: The Hindu BusinessLine As per the planning of GST council, in the first phase, only large businesses are required to start filing GST Returns in the new form before […]
May 25, 2019
QR Code

The QR Code Would Become Mandatory For All Shops

Source: Times of India With a clear view to promoting Digital payments as the most preferred option, the government is planning to mandate a QR code-based payment option using UPI […]
May 24, 2019
GST Council May Consider

A National Bench of Appellate Authority May Be Considered Next Month by the GST Council

Source: The Economic Times The Goods and Service Tax Council is supposed to consider a proposal for the establishment of a national bench of the Appellate Authority for Advance Ruling […]
May 23, 2019
GST Return Form

Draft of the New GST Return Form Goes Live On the GST Common Portal

Source: The Hindu BusinessLine GST authority has come out with a draft of a simplified new version of the return form. This new return form is expected to be formally […]
May 22, 2019
GST Reformation

The Ground Running on The Reformation of GST Would Be Hit by The New Government

Source: The Economic Times In the current scenario, lots of items, are outside of the GST circumference. And, the new Govt. must improve its coverage. GST will require adequate attention […]
May 21, 2019
late filing

Penalties Against Late Filing of Income Tax Returns

Source: Moneycontrol The last date for filing Income Tax Returns is July 31st, 2019. This time the Income Tax department may not extend the deadline as strict compliance rules are […]
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