indirect tax
GST structure: key challenges and its solutions
Govt on several occasions has given clarifications to reduce ambiguities and make the process smooth and easy.
7 indirect tax-related laws being amended: FM Sitharaman
The government would also be bringing changes to seven laws related to direct taxes.
Economic Survey: GDP ratio dips to 10.9 pc on shortfall in indirect tax revenues
In 2018-19, direct taxes grew by 13.4 per cent owing to improved performance of corporate tax.
Tax body seeks extension of GST return filing by four months
Govt has made the entire GST procedure and filing of returns very 'confusing with hundreds of changes in the rules and taxes'.
SC agrees to examine power of tax authorities to arrest individual for GST evasion
The bench also asked all the high courts to keep in mind, while dealing with grant of anticipatory bail in GST evasion cases.
CBIC asks GST officers to be cautious while processing fresh registration
A large number of registrations has been cancelled by tax officers on account of non-compliance.
Net direct tax collection crosses Rs 10 lakh crore mark
Tax collection during April-January of this fiscal stood at Rs 7.89 lakh crore as against Rs 12 lakh crore targeted for 2018-19.
GST Council to consider implementation of lower GST rates for realty sector
GST collections in February dropped to Rs 97,247 crore from Rs 1.02 lakh crore in the previous month.
Govt approves Adani Power's Rs 14,000-cr J'khand SEZ project
The project was approved by highest decision making body on SEZ - Board of Approval - chaired by the commerce secretary.
For every rupee in govt kitty, 70 paise comes from direct, indirect taxes
The collection from GST has been pegged at 21 paise as a percentage of every rupee earned.