Tag: goods and services tax
GST NEWS
Panel proposes stricter GST registrations
The law committee has proposed various changes to tighten registration through an Aadhaar-type mechanism and keep a tighter vigil on suspected wrongdoers to curb...
GST NEWS
GST not a perfect system, requires changes, rate rationalisation: N K Singh
Fifteenth Finance Commission Chairman N K Singh said that GST required changes, including greater rate rationalisation since it was not a perfect tax system....
GST NEWS
GST revenue shortfall: Kerala CM urges PM to raise borrowing limit
Kerala Chief Minister has requested to PM to increase the borrowing amount under the special window facility provided by the Centre for meeting the Goods...
GST NEWS
Haryana claims record collection of GST revenue despite adverse situation
Deputy chief minister Dushyant Chautala has said that despite COVID-19, the Haryana state has registered a record in GST revenue collection. Last year, GST collection were...
GST NEWS
Centre, states look to tighten GST registration process
The Centre and States will tighten GST rules to curb fake invoicing. Finance ministry sources said that law committee of GST Council had a...
GST NEWS
GST frauds may force govt to turn to inspectors again
The Government can amend legal provisions to tighten the registration process for new businesses. The GST Law Committee has decided this after 1,180 entities...
GST NEWS
No extra compliance burden on taxpayers for GST turnover displayed in Form 26AS: DoR
On Monday, the Revenue Department has informed that data analytics has shown that certain people are showing turnover of crores of rupees in GST...
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