Goods and Services Tax

7 indirect taxation-related laws being amended: Finance Minister Nirmala Sitharaman

7 indirect taxation-related laws being amended: Finance Minister Nirmala Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman Thursday said seven legislations under indirect taxation are being amended to ensure great...Read More

Budget 2019: Roadmap to USD 5 trillion economy

Budget 2019: Roadmap to USD 5 trillion economy

Economic Survey predicts 7 % growth, but 8% growth is needed to touch $5 trillion threshold in 5 years.

Rs 112 billion evasion under GST

Rs 112 billion evasion under GST

New Delhi: The indirect tax department has identified evasions of a whopping 112.51 billion rupees under the goods and services tax regim...Read More

'Kachori wala' with annual turnover of Rs 60 lakhs

'Kachori wala' with annual turnover of Rs 60 lakhs

A notice has now been issued to Kachori wala because he has not registered his shop under GST and does not pay any taxes

Government identifies 5,106 'risky exporters' who have fraudulently claimed GST refunds

Government identifies 5,106 'risky exporters' who have fraudulently claimed GST refunds

CBIC in a statement, assured genuine exporters that their refund claims would be processed in an automated environment and issued in a ti...Read More

FY20 GST collection pegged at Rs 12.60-13.40 lakh crore

FY20 GST collection pegged at Rs 12.60-13.40 lakh crore

New Delhi: CARE Ratings has projected the gross Goods and Services Tax (GST) collections in the range of Rs 12.60 to 13.40 lakh crore in ...Read More

Mumbai: BMC continues with early bird plan to woo property taxpayers

Mumbai: BMC continues with early bird plan to woo property taxpayers

Mumbai: The Brihanmumbai Municipal Corporation has introduced the early bird scheme (EBS) for the property tax payers. According to this ...Read More

Demonetisation, GST by ‘two-men army’ hit country’s economy hard: Shatrughan Sinha

Demonetisation, GST by ‘two-men army’ hit country’s economy hard: Shatrughan Sinha

Mumbai: Actor-turned-politician Shatrughan Sinha said Thursday that demonetisation and Goods and Services Tax (GST) imposed by the “two-m...Read More

Lok Sabha elections 2019: BJP-Shiv Sena only won votes not hearts, say Dharavi residents

Lok Sabha elections 2019: BJP-Shiv Sena only won votes not hearts, say Dharavi residents

Mumbai: Bad and congested roads, contaminated and less water, poor infrastructure, rampant illegal constructions, large scale lawlessness...Read More

Absconding diamantaire booked for cheating two persons of Rs 77 lakh

Absconding diamantaire booked for cheating two persons of Rs 77 lakh

Mumbai: A diamond merchant has been booked by Dahisar Police for allegedly duping two men from the same profession of Rs 77 lakh. The acc...Read More

Indian economy to grow at 7.2 per cent in FY 19: Asian Development Bank

Indian economy to grow at 7.2 per cent in FY 19: Asian Development Bank

New Delhi: Domestic demand is expected to remain the main driver as India’s GDP picks up to grow at 7.2 per cent in 2018-19 and 7.3 per c...Read More

M/s Kushal Ltd, head arrested for Goods and Services Tax evasion

M/s Kushal Ltd, head arrested for Goods and Services Tax evasion

Ahmedabad: A local firm’s promoter has been arrested for allegedly evading Goods and Services Tax (GST) worth Rs 88 crore by raising frau...Read More

Government misses FY 2018-19 GST collection target: Official data

Government misses FY 2018-19 GST collection target: Official data

New Delhi: Goods and Services Tax (GST) collections in March came in at a record Rs 1.06 lakh crore, but not enough to meet the governmen...Read More

Project management consultant wants housing authority to foot extra service tax burden

Project management consultant wants housing authority to foot extra service tax burden

Mumbai: The proposed Rs 5,000 crore housing project at Motilal Nagar, Goregaon (W), which will create approximately 18,000 more houses in...Read More

Lok Sabha Elections 2019: Is GST one more failure of BJP-led government?

Lok Sabha Elections 2019: Is GST one more failure of BJP-led government?

The Modi government’s most touted moves were demonetisation and goods and services tax (GST). As India is heading towards the Lok Sabha e...Read More

Government promised to lower corporate tax as Goods and Services Tax mop-up rises: Ficci

Government promised to lower corporate tax as Goods and Services Tax mop-up rises: Ficci

New Delhi: The government has promised to lower corporate tax rate to 25 per cent for all companies once Goods and Services Tax (GST) mop...Read More

Maharashtra Budget Session: Double digit debt, still a worry for Maharashtra government

Maharashtra Budget Session: Double digit debt, still a worry for Maharashtra government

Mumbai: The finance minister Sudhir Mungantiwar lauded the efforts of his government to keep the debt of Rs 4.14 lakh crore under control...Read More

Government detects Rs 20,000 crore GST evasion during present fiscal year  

Government detects Rs 20,000 crore GST evasion during present fiscal year  

New Delhi: The government has detected Rs 20,000 crore worth GST evasion so far this fiscal and will take more steps to check frauds and ...Read More

Holy dip in Sangam will not help wash away sins: Mayawati’s jibe at PM Modi

Holy dip in Sangam will not help wash away sins: Mayawati’s jibe at PM Modi

Lucknow: BSP chief Mayawati on Monday attacked Prime Minister Narendra Modi over his holy dip in the waters of Sangam, saying it will not...Read More

Real estate panel mulls cutting GST on houses to 5 PC

Real estate panel mulls cutting GST on houses to 5 PC

New Delhi: The panel, formed to review goods and services tax on the real estate sector, on Friday considered lowering GST rate on reside...Read More

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