A notification has been issued to extend the time limit for furnishing of annual (goods and services tax) return
07 May 2020 1:18 PM
In the case of house rent, there is a TDS of 10 per cent on rental income by owners of houses for rents of `20,000 per month and above.
05 Jan 2020 3:36 AM
The discussions will focus on a road ahead for e-invoicing, new return system and feedback, e-way bill linking with Fastag.
03 Jan 2020 1:22 PM
The panel also relaxed levy of penalty for non-filing of GSTR-1 from July 2017.
19 Dec 2019 9:17 AM
Taxmen were told that both the GST and Rs 13.35 lakh crore target for direct taxes for 2019-20 will have to be achieved.
17 Dec 2019 5:43 PM
Collections under the GST, which was introduced in July 2017, has remained mostly below the target.
17 Dec 2019 12:07 PM
The delays to pass on the money are due to a slip in collections and the states have nothing to worry, said FM Nirmala Sitharaman.
16 Dec 2019 4:31 PM
As per the Union Budget 2019-2020, the tax devolution to Maharashtra is Rs 46,630.66 crore, which is 11.15 per cent.
12 Dec 2019 2:21 AM
It will kill the concept of cooperative federalism that he claimed to espouse since he came to power in 2014.
06 Dec 2019 2:53 AM
The meeting of all-powerful GST Council is going to be held against the backdrop of lower-than-expected GST collection.
04 Dec 2019 6:53 PM
According to official sources, the number reflects pick up in consumption and improvement in compliance as well.
01 Dec 2019 4:56 PM
The Centre has also reduced the credit limit of the state by almost Rs 6000 crore.
19 Nov 2019 5:36 PM
Govt on several occasions has given clarifications to reduce ambiguities and make the process smooth and easy.
19 Nov 2019 11:07 AM
The earlier deadline for filing of GSTR-9 and GSTR-9C for 2017-18 was November 30, 2019, while that for 2018-19 was December 31, 2019.
14 Nov 2019 5:01 PM
Last time services activity contracted for two consecutive months was in August 2017 following the GST implementation.
05 Nov 2019 12:58 PM
The gross GST revenue collected in the month of October, 2019 is Rs 95,380 crore of which CGST is Rs 17,582 crore.
01 Nov 2019 3:52 PM
Growth can come back. Because of a lot of (reforms), economy is in transition, said SBI chief Rajnish Kumar.
24 Oct 2019 12:36 PM
utomobile sales are in decline for several months.
12 Oct 2019 12:00 AM
The government should take these measures, although this may increase the fiscal deficit, said the Godrej Group Chairman.
03 Oct 2019 1:10 PM
I would say that this is the time where we need to focus on implementing structural reforms, said CEA K V Subramanian.
02 Oct 2019 6:36 PM