Chief Ministers of six non-BJP ruled states — West Bengal, Kerala, Delhi, Telangana, Chhattisgarh and Tamil Nadu – have written to the Centre opposing the options which require states to borrow to meet shortfall
GST cess collection in 2017-18—the first year of GST implementation—was Rs 62,596 crore, out of which Rs 41,146 crore was released to states
GST measures to avoid tax evasion: Govt plans to launch e-invoices, look at ways to incentivise businesses
With almost two years into GST implementation, the government is now focussing on anti-evasion measures to shore up revenue and increase compliance.
Warehousing stock eight major cities to reach 297 mn sq ft by 2021 on strong demand after GST implementation: Report
The total warehousing space in top eight cities including Mumbai, NCR, Ahmedabad, Bengaluru, Pune, Chennai, Hyderabad and Kolkata is expected to reach 204 million sq ft by 2019
Low base drives up Corporate India's Q1 revenues 17% on y-o-y basis; consumer-oriented sectors do well, says Icra
"Indian corporate sector's aggregate revenues have grown by 17.1 percent during the first quarter (Q1FY19), on a year-on-year basis,
Bosch's Q1 net profit rises 42% to Rs 431 crore; revenue from operations stands at Rs 3,212.15 crore
Bosch Ltd said its total expenses for the period under review stood at Rs 2,677.89 crore as against Rs 2498.16 crore.
According to anti-profiteering rules, the authority will suggest to MNCs a return of the undue profit earned from not passing on the GST rate cut benefit to consumers along with an 18 percent interest as also impose a penalty.
Goods and Services Tax (GST) is a "work in progress" and there is a need for further simplification of rates with fewer exemptions and simpler policies.
GST anniversary: A simplified tax regime has improved ease of doing business, but barriers remain: Entrepreneurs
The GST has helped organise the unorganised sector to a large extent, and, in many cases, has revolutionised entire industries. But, pain-points remain.
GST at one: Govt pleasantly surprised by political class rallying behind tax regime; admits technology let it down initially
Adhia went on to say that natural gas and aviation turbine fuel (ATF) might come under the GST in near future.
Benefits of GST for home buyers would majorly be seen in projects executed post implementation of the unified tax regime in July last year
Even as economy has largely recovered from shocks of demonetisation and GST, micro enterprises with borrowings of under Rs 10 lakh are yet to fully recover
In the Budget, Finance Minister Arun Jaitley revised fiscal deficit estimates for the current financial year upwards at Rs 5.95 trillion or 3.5 percent of GDP against the estimate of 3.3 percent
There has been positive news in the form of improvement in ease of doing business rankings, Moody’s upgrade of India’s rating and the massive recapitalisation plan for banks
Yashwant Sinha criticised the union government for claiming various achievements after demonetisation
Four months after the GST roll out, there is a big political debate going on between the ruling Bharatiya Janata Party (BJP) and Congress-led Opposition party with respect to the impact of GST on various businesses.
Truckers should understand that the GST regime, despite its flaws and pitfalls, is the future. They have to upgrade themselves to comply with its various provisions
industrial production has witnessed a 1.2 percent growth in July from a contraction of 0.2 per cent in June indicating a growth in the manufacturing sector.
GST stocktaking-IV: Small businesses are in a state of confusion; by resolving it India can improve its ease of business ranking
India anyway ranks very low in ease of doing business ranking and paying taxes ranking
GST Council may finalise a mechanism to operationalise anti-profiteering provision to protect consumer interest