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Exporters reel under cash crunch with pending GST refund. The commercial tax department officials claim they have already begun processing input tax credit refunds.

#liquidity #GST refund #gst tax #goods and services tax

Movement of goods to be tracked online from Feb 1, pan-India rollout by June ; move likely to arrest tax evasion but seen as a hurdle for business.

#tax evasion #gst tax #gst council

12%, 18% GST rates can be merged to new slab. Modi said the changes can implemented after stabilising of revenue and depend on tax buoyancy.

#sushil modi #GST Rates #GST Rate Slab

The tax department has commenced raids across the country, starting with the biggest income-tax evaders, on those creating and owning benami properties.

GST Data, Income Tax, GST Impact

#pharmaceutical industry

On bringing petrol and diesel under the Goods and Services Tax (GST), he said ideally everything should come under the new tax regime.

#indian economy #new tax regime #goods and services tax

Ever since the Goods and Services Tax (GST) regime has come into force, establishments have been trying to find ways to trick the system.

GST Rate GST Impact

#restaurant bills

This is because 78 per cent of the total 228 items, under the highest slab of 28 to 18 per cent, were items of mass consumption.

#gst tax #GST rate cut #GST #GST Rates

The increase in the composition scheme threshold would make life much easier for the small business entities: Assocham.

#tax reforms #GST Council #28% tax slab

Read more about only 62 items likely to stay in 28% GST slab on mugst. About three-fourth items in the highest tax slab may move to lower brackets.

#gst slab #GST #goods and services tax #gst impact #gst rates

Goods and Services Tax (GST) Council is scheduled to meet next on November 10 and may consider lowering tax rates on a host of goods.

#gst tax slabs #gst rates #gst council

Read more about Can GST help India race past China in ease of doing business rankings on muGST.

#world bank #GST

Deadline to file GSTR-2, GSTR-3 for July extended. Form GSTR-2 reflects purchases made by a business whereas GSTR-3 is a combination of sales and purchases.

#gstr-3 #GSTR-2

Arun Jaitley calls Congress 'opportunist', lauds GST and demonetisation. FM Arun Jaitley Exclusive: Data shows India growth story getting back on track.

#indian economy #demonetisation #GST

GST on petrol, diesel: Revenue Secretary Hasmukh Adhia on Friday said that the bringing petrol and diesel under the GST regime will take time.

GST on petrol

#revenue secretary #GST on petrol #GST on diesel

In its fourth bi-monthly monetary policy review of 2017- 18, RBI forecast economic growth to slow to 6.7 per cent in the current fiscal, from 7.3 per cent projected earlier.

#service tax #RBI on GST

Demonetisation, GST & Dokalam handling hailed at BJP Conclave. The national executive congratulated the NDA government for its handling of the Dokalam issue

#demonetisation #gst network #goods and services tax

India’s three listed carriers — IndiGo, Jet Airways and SpiceJet — made a cumulative profit of Rs 2,479 crore in the year ended March.

#Domestic air fares #air fares

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