December 24, 2019
Source: Economic Times Amidst the decline in revenue, the government is staring at a shortfall of ₹63,000 Crore in Goods and Services Tax (GST) compensation payout to states for FY20. […]
December 23, 2019
Source: Economic Times The companies that are undergoing resolution under the Insolvency and Bankruptcy Code (IBC) are likely to pay current levies of Goods and Services Tax (GST), without the […]
December 20, 2019
Source: Economic Times An analysis done by the Goods and Services Tax (GST) department revealed as much as 39% or ₹2.5 lakh crore of input tax credit (ITC) availed by […]
December 19, 2019
Source: Economic Times The Goods and Services Tax (GST) Council, in its 38th meeting chaired by the Union Finance Minister Nirmala Sitharaman, decided to have a single tax rate on […]
December 18, 2019
Source: Economic Times The Finance Ministry has urged tax officials to step up their efforts to meet the revenue mop-up target of an average ₹1.15 Lakh Crore monthly GST collection […]
December 17, 2019
Source: The Hindu The central government released GST compensation of ₹35,298 Crore to states and union territories for the loss of revenue they have incurred due to the implementation of […]
December 16, 2019
Source: business-standard Businesses have sought staggered implementation of new returns under the Goods and Services Tax (GST), which are to be introduced from the start of the next fiscal. They […]
December 12, 2019
Source: Economic Times The decline in Goods and Services Tax (GST) mop-up has significantly increased the compensation that the central government pays to states for revenue loss on account of […]
December 11, 2019
Source: Livemint The Goods and Services Tax (GST) authorities have unearthed instances of under-reporting of online sales by several companies that sell goods on e-commerce platforms such as Amazon and […]
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