Tag: tax
GST NEWS
GST intelligence busts Rs 400 cr fake bills scam
An Input Tax Credit (ITC) scam in Ahmedabad involving fake bills of Rs 400 crore busted and three industrialists remanded to judicial custody by a...
GST NEWS
GST will boost India’s economic growth in coming years: India Inc
The industry believes that the GST will help attract foreign and domestic investment across new locations.
Goods and Services Tax is a step in the...
GST NEWS
2 firms evade Rs 41.78-cr GST; 6 booked
The local excise and taxation authorities have detected evasion of Goods and Services Tax (GST) to the tune of Rs41.78 crore and registered cases...
GST NEWS
GST’s New Battlefront
As the basic law and rates settle down, authorities are bracing for the next round - legal challenges from businesses.
In June 2018, when the...
GST NEWS
Demonetisation, GST hit growth in gold jewel industry: Gem and jewellery body
After the demonetisation in 2016 and introduction of the goods and services tax, the growth of the industry remained stagnant despite the country being...
GST NEWS
Opinion | Moving from chaos to order: The overdue step to a simpler GST
The next government should plan to eventually move to a lower standard rate
Most economic policy follows an entropic path. The first iteration is a...
GST NEWS
Centre releases Rs 48,202 cr GST compensation in Apr-Nov, higher than FY18
The goods and services tax (GST) was rolled out on July 1, 2017. As per the GST law, the Centre compensates states to ensure...
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