GST
FinMin brings in changes in e-way bill system to check GST evasion
Electronic way or e way bill was rolled out in 2018, for moving goods worth over Rs 50,000 from one state to another.
Composition scheme biz to now file simplified 'self-assessed' GST return quarterly
Composition scheme businesses will file the April-June quarter returns in July as per the new format.
Non-filers of GST returns to be barred from generating e way bills from June 21
Businesses under GST, will be barred from generating e-way bill if they fail to file returns for two consecutive filing periods.
Apparel shipments down 3.4 per cent in FY19 to $16.14 billion
The apparel exports held back the growth in total exports in FY19 at $35 billion. There was just a marginal growth of 1.66 per cent.
Businesses with turnover over Rs 2 cr can now start filing GST audit reports for FY18
GSTN has now made available offline utility of GSTR-9C which can be filled up by taxpayer and uploaded on the portal.
Modi govt has major successes in social sector schemes: Panagariya
Panagariya said government has managed to accelerate outcomes in sectors like roads, railways, waterways, aviation and digitisation.
Kya Hua Tera Vaada: Congress asks Shiv Sena’s Rahul Shewale
The campaign was launched during the inauguration of Mr Gaikwad’s campaign office at the hands of Mumbai Congress chief Milind Deora on Thursday.
Govt extends last date for filing final sales return for March till Apr 13
The GST Council also needs to have a 'Plan-B' for a swift and smooth GST compliance network.
Direct tax mop-up may fall short of Rs 50,000 cr in FY'19, says official
The shortfall in direct tax mop-up coupled with lower GST realisation may have implications on fiscal deficit.
SIAM urges govt to reduce GST on automobiles to 18 pc
Currently, automobiles attract peak GST rate of 28 per cent with additional cess ranging from 1 per cent to 15 per cent.