It cited certain technical difficulties being faced by taxpayers to file the annual returns for the extension
Assistant Commissioner Chandan Prakash Pandey and Superintendent Mohammed Sahabuddin were arrested on charges of accepting bribe.
Sitharaman will meet state finance ministers in the forenoon and seek their suggestions on union budget for FY20.
The incident was reported on Monday evening. The motive behind the suicide remains unknown
Congress president Rahul Gandhi on Tuesday released the party’s manifesto in presence of UPA chairperson Sonia Gandhi, former prime minister Manmohan Singh and senior Congress leader P Chidambaram among others. Rahul Gandhi released its manifesto titled ‘Will Deliver’, in which special focus has been on youth and farmer. From opening vacancies for job creation to providing[Read More…]
New Delhi, In a major relief for MSMEs, the GST Council on Thursday doubled the exemption threshold for small businesses from Rs 20 lakh to Rs 40 lakh and also allowed Kerala to impose a natural disaster cess of upto 1 per cent for a period of upto two years.[Read More…]
New Delhi, In a further relief to the micro, small and medium (MSME) sector, the threshhold limit for eligibility under the GST Composition Scheme was raised to Rs 1.5 crore, from Rs 1 crore, by the GST Council on Thursday and will apply from the 2019-20 fiscal beginning April 1.[Read More…]
It’s going to be an important couple of years for the motorcycling industry in India. With the mandatory ABS & CBS norms kicking in from 1 April 2019 followed by BSVI norms the following year, a significant price bump is expected over even the most affordable of models. However, Bajaj and Hero MotoCorp have[Read More…]
New Delhi: Revenue collection under the Goods and Services Tax (GST) fell for the second straight month to Rs 94,726 crore in December from Rs 97,637 crore collected in November despite a rise in the number of tax returns filed. The Finance Ministry on Tuesday said a total of 72.44[Read More…]
New Delhi, Former Finance Minister P. Chidambaram on Wednesday raised questions about what caused the change in the “declared goals” of the Goods and Services Tax (GST) regime, why it was being changed. “Until yesterday a single standard rate of GST was a stupid idea. Since yesterday, it is the[Read More…]
On Saturday the government of India slashed GST on various items. The Goods & Services Tax (GST) council lowered the tax bracket of as many as seven items from the 28 per cent tax slab to the lower brackets. Items moved from 28 per cent to 18 per cent tax[Read More…]
New Delhi: Congress leader P. Chidambaram on Wednesday termed as “belated wisdom” Prime Minister Narendra Modis remarks that 99 per cent goods would be at 18 per cent GST and said that the ruling BJPs governance mantra is ‘leap before you look.’ In a series of tweets, the former finance[Read More…]
Mumbai: Prime Minister Narendra Modi on Tuesday said the government is aiming to bring 99 per cent of items below the 18 per cent GST slab and warned of stringent action against defaulters of bank loan and fugitives. “Before GST, registered enterprises numbered 65 lakh, which has now increased by[Read More…]
So far, Shivraj Singh Chouhan has not included GST and note-ban in his campaigning and it is clearly evident that BJP is only focusing on promoting works of the state government of last fifteen years.
New Delhi: Congress President Rahul Gandhi on Friday once again pleaded with Prime Minister Narendra Modi to bring petrol and diesel under the Goods and Services Tax (GST) regime. Reiterating his year-old request, Gandhi tweeted: “Respected Modiji, the general public is very upset with the skyrocketing prices of petrol and[Read More…]
In an opinion poll conducted earlier this year in 19 states claimed that nearly half of the voters don’t want to vote for the BJP and Prime Minister Narendra Modi again in 2019 Lok Sabha polls. The mood of the nation (MOTN) survey, conducted by CSDS-Lokniti for ABP news suggested[Read More…]
New Delhi: Finance Minister Arun Jaitley on Friday parried questions on whether the government was considering a cut in taxes on imported crude to bring down the prices of petrol and diesel. “It was not in the agenda,” he said at a media briefing to a question on whether the[Read More…]
The government has spent an alarming amount of Rs 132.38 crore for GST (goods and services tax) advertisements. It was revealed by the Ministry of Information and Broadcasting in a reply to an RTI query. More than 5 crores were spent on advertisements with outdoor media. Bollywood megastar Amitabh Bachchan[Read More…]
Following an FIR that was file in July, seven Excise and Taxation officers posted in Gurugram, have been suspended and chargesheeted under Rule 7 of the Haryana Civil Services (Punishment and Appeal) Rules, 2016, for helping nine firms siphon off funds worth over Rs 100 crore from the state exchequer[Read More…]
President Ram Nath Kovind on Thursday met a group of probationers from the 68th batch of Indian Revenue Service (Custom and Central Excise) and lauded them for making the Goods and Service Tax (GST) a success. Addressing the probationers, the president said, “In 2017, Government introduced the GST, the most comprehensive[Read More…]