Goods and Service Tax (GST)
Housing prices up 7 pc, sales down 28 pc, supply dips 64 pc in last five years: Anarock
Sun, Mar 24, 2019
"Like it or lump it, but (Prime Minister Narendra) Modi's victory in 2014 ushered a new era in Indian real estate starkly marked by his vision to set the 'house' in order and alter the scarred face of an unorganised sector beset by unscrupulous activities," Puri said.
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BLACK Money Fear BACK: Input tax credit removal on select items against GST spirit, say experts
Mon, Mar 04, 2019
After the rate cut and removal of ITC, developers may have to take a hit in their profit-margins, inducing them to resort to cash payments while purchasing inputs or raw materials.
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Toyota Baleno, ITC, Infosys to Fiscal deficit target, here are top business highlights
Mon, Jan 14, 2019
A number of top happenings in the business sphere on Sunday hit the headlines on Sunday and the top one among these were that a fiscal deficit of 3.3% would be a challenge for the Centre amid low GST collection, the market cap of top-10 most valued firms added up to Rs 43,689 cr and more.
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Suresh Prabhu to meet banking, financial services secretaries next week to resolve credit Supply issues to exporters
Sun, Jan 06, 2019
He also said the issue regarding GST credit/refunds that exporters have been facing is also addressed "to some extent," after his ministry raised it with the finance ministry recently.
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India should brace itself for slowdown for some time: Ex-CEA Arvind Subramanian
Mon, Dec 10, 2018
With regard to the economy, he said, "we have to brace ourself for a slowdown for some time. I say that for a combination of reasons. First of all, the financial system is under stress, financial conditions are very tight. This is not conducive for rapid growth."
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Shocking! Cake shops find a plan to bolt GST? Your neighbourhood pastry shop may turn into a restaurant soon; Know how and why
Sat, Dec 08, 2018
According to the revenue department if the shopkeeper starts the restaurant in the same premises then they will get 7-13% of tax arbitrage. Currently, the shopkeepers pay 12% and pastries/cakes are taxed at 18%. Whereas the GST rate for restaurants is 5%.
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GST likely to have 3-rate structure in future: Bibek Debroy
Sat, Oct 27, 2018
In his address at the launch here of "GST: Explained for Common Man" written by former Central Board of and Excise and Customs Chairman Sumit Dutt Majumder, the PMEAC Chairman noted that only very few countries that have implemented GST follow the principle of "dual GST" (Goods and Services Tax) whose "terminal role from an economists point of view is to have a single tax structure."
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Dual jurisdiction under GST opens door for traders' harassment: CAIT
Fri, Oct 19, 2018
Traders' body CAIT Friday warned that allowing central as well as state tax administrations to initiate action against any taxpayer irrespective of jurisdiction would lead to harassment of traders and complicate the tax system.
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