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Goods ans Services Tax (GST) News
Goods ans Services Tax (GST)
Defer PoEM norms, remove tax barrier for startups: says Nasscom
Sun, Nov 27, 2016
Nasscom President R Chandrashekhar said "serious concerns remain over intangibles (like software) not being clearly mentioned as service and also on issues like place of provisioning of service, and taxation of intra-corporate transactions".
GSTN to borrow Rs 800 crore to meet GST infra building cost
Mon, Oct 31, 2016
Goods and Services Tax Network (GSTN), the company that is building the world's biggest and most complex tax system, will borrow Rs 800 crore from banks to fund infrastructure costs to support Goods and Services Tax roll out from April 1 next year.
India jumps one place on Ease of Doing Business Index; Sitharaman disappointed
Wed, Oct 26, 2016
World Bank's Ease of Doing Business Index put India at 130th rank this year, up one place from last year. Naturally, the government is not happy.
Ensure IT set-up for GST by September 30: Hasmukh Adhia to banks
Tue, Aug 23, 2016
Government on Monday reviewed IT preparedness of various stakeholders for smooth rollout of the Goods and Services Tax (GST) and directed all banks to ensure their IT systems are in place by September 30.