Source: hindustantimes The Central GST mop-up fell short of the budget estimate by nearly 40% during the April-November period of 2019-20. The data presented by Minister of State for Finance […]
Source: Times of India In the midst of a slowing economy, with the lowest growth of 4.5% in the second quarter in over six years, the government is working on […]
Source: Business Standard In a major relief to companies, especially multinational ones, the Central Board of Indirect and Custom (CBIC) has decided to withdraw a circular on the scope of […]
Source: Economic Times To curb tax evasion and non-filing of GST returns, the government has implemented the blocking of the e-way bill generation facility, with effect from December 2, 2019. […]
Source: Economic Times On its next meeting on December 18, the GST Council is expected to discuss various revenue-raising measures including review of the tax structure, and an alternative mechanism […]
Source: The Hindu BusineLine After two months of decline, Goods and Services Tax (GST) collection crossed the ₹1 Lakh Crore mark in November with the revenue growing by 6% to […]
Starting from April 1 next year, electronic invoicing (e-invoicing) will be mandatory for all businesses with a turnover of ₹100 Crore or more. The new system of generating e-invoices in […]
Source: bloombergquint.com The Ministry of Finance is planning to introduce a lottery scheme to lure taxpayers to pay Goods and Services Tax (GST). According to a senior government official, this […]
At the first national GST conference on Monday, the issue of consumers often paying in cash without taking a bill was identified as a key source of leakage of Goods […]