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Sales tax News
GSTR-1 filing deadline ends, no more extension
Wed, Jan 10, 2018
Earlier, GST Council had fixed the deadline for filing GSTR-1 till December 31, 2017
Ensure GST composition taxpayers don't tax customers: Haryana
Sat, Nov 18, 2017
These directions were issued to all joint excise and taxation commissioners (Range/Appeals) and deputy excise and taxation commissioners (sales tax) for monitoring and enforcement of provisions relating to composition taxpayers under the Goods and Services Tax (GST), a spokesman of the department said.
India's June gold imports spike as buyers tried to beat higher sales tax
Tue, Jul 11, 2017
Gold premiums in India jumped to $10 an ounce in the last week of June, the highest level in 7-1/2 months.
GST to cut inflation by 2%, create buoyancy in economy, says Revenue Secretary Hasmukh Adhia
Sun, May 21, 2017
Revenue Secretary Dr Hasmukh Adhia has said that the government's soon-to-be-implemented goods and services tax (GST) will lead to fall in the country's inflation by 2% and will not rise on account of special care taken by the Finance Ministry to keep inflation under control.
GST Council to finalise draft model GST law including anti-profiteering clause on February 18
Fri, Feb 17, 2017
GST Council headed by FM Arun Jaitley is likely to finalise the draft model GST law including final drafting of the anti-profiteering clause on February 18, Saturday.
Budget 2017: Govt to borrow more than originally planned
Thu, Jan 26, 2017
That is raising concern among some economists and investors that the government will take too many fiscal risks.
Budget 2017: ICRA expects government to keep fiscal deficit target of lower than 3.5% of GDP for FY18
Tue, Jan 24, 2017
As the Government of India prepares to announce its Union Budget 2017-18 in February, its unlikely to budget a fiscal deficit target higher than 3.5% of gross domestic product (GDP) for the fiscal year 2017-18 (FY18), said ICRA in its latest report on Budget 2017 expectations.
Govt's direct tax kitty swells to Rs 5.57 lakh crore in April-December 2016
Fri, Dec 30, 2016
Government's direct tax kitty has swelled to Rs 5.57 lakh crore between April 1 and December 19, thereby achieving 65 per cent of budget estimates.
Services to become more expensive after GST?
Tue, Aug 02, 2016
The crucial Goods & Services Bill (GST) may finally be in the final stages of being approved by the Rajya Sabha where it has been stuck for over an year.