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 […]
September 11, 2019
GST Shortfall Grows

Possibility of the GST Shortfall Grows

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 […]
September 10, 2019
SGST Collection

SGST Collection of Gujarat sees Sluggish Growth

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 […]
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