GST Council Likely To Consider Changes In Monthly Tax Payment Form

Currently, GSTR-3B of a taxpayer includes auto drafted input tax credit (ITC) statements based on inward and outward B2B supplies and also red flags any mismatch between GSTR-1 and 3B

SC Agrees To Examine Power Of Tax Authorities To Arrest Individual For GST Evasion

The bench listed the batch of petitions before a three-judge bench to decide the question of law on the power of arrest.

Sudden Depreciation Or Appreciation Of Rupee Not Good: SBI

Rupee had experienced an orderly depreciation as it moved from Rs 64 to a dollar to Rs 70 over a span of five to six months

Rebooting Corporate India?

To lift corporate India into a higher trajectory of growth, bank lending has to restart. Private investment has dropped precipitously over the past three years. Capital formation is down. The sa vings rate has sagged. All of these point to weak consumer demand and cash-strapped corporates

Demonetisation Should Have Been Done Differently, Says Sanjeev Bajaj

This government has taken a lot of major steps, especially on the financial side. But some of those reforms are not going to work and let us be honest demonetisation did not work. The intention was right, but we haven't seen the results yet

Services Activity Returns To Growth In Sept On Stronger Demand: PMI

The Indian private sector regained some lost ground since the implementation of July's goods and services tax (GST) as service providers followed the manufacturing industry back to growth

BJP Govt Not Providing Supportive Environment For Growth: P Chidambaram

He referred to demonetisation and introduction of GST as two major disruptions, alleging that they caused a severe setback to the economy as a result of which GDP growth rate dipped every quarter during the last five quarters

GST Legislation Enters The Last Lap

The Narendra Modi-led NDA government has set a target of July 1 for rollout of GST, which will subsume excise, service tax, VAT and and other local levies

Amit Mitra Named Chairman Of GST Committee Of State FMs

West Bengal Finance Minister Amit Mitra was on Friday named the new chairman of the Empowered Committee of State Finance Ministers on Goods and Services Tax

Taxing Affairs