May 28, 2019
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
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
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
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
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
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
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 […]
May 20, 2019
Source: Business Today The new simplified GST Returns filing format, approved by the GST Council last July, is now ready to be introduced after being deferred twice. In this new […]
May 20, 2019
Reversals explained in Detail are as Follows: (1) Rule 37 (2) – 180 Days Non – Payment (2) Rule 39 (1) – Credit Note issued to ISD (3) Rule 42 […]
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