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Beyond virus: Setting course for a V-shaped recovery with right decisions

It's time for thoughtful decisions through 2020 and 2021, where the desired outcome is one where private investment in 2025 is superior to the value seen in 2011 in real terms

GSTN provides work from home access to more than 1,700 tax officers

This has provided officers a secured access to work on various GST applications such as processing of registration application, refund application, audit, assessment, appeal etc

Covid-19: Govt extends e-way bill validity, defers restricted ITC under GST

The validity of e-way bills that were set to expire between March 20 and April 15, has been extended till April 30

What will happen to Laddu Mahto?

Craftspeople have received a huge blow during this ongoing lockdown

Six changes in tax rules that come into effect today

Today is first day of the financial year 2020-21, and with new year come new tax rules. Here are the six changes that come into effect from today

New tax rules: Here're the changes that come into effect from today

Those who buy mobile handsets have to shell out more as goods and services tax rates on them have been hiked.

Covid-19 relief: Aadhaar-PAN linking deadline extended to Jun 30, says FM

Last date for filing March, April and May 2020 GST returns extended to June 30, 2020

Mix of needed and negatives

The most notable was to charge interest for delay in payment of GST on net cash tax liability, with effect from July 1, 2017

GST on mobile phones hiked to 18% from 12%, some relief on delayed payment

GST on MRO services on aircraft down from 18% to 5% with full input tax credit, due date for FY19 annual return extended to June 30

GST on mobile phones hiked to 18% from 12%, some relief on delayed payment

GST on MRO services on aircraft down from 18% to 5% with full input tax credit, due date for FY19 annual return extended to June 30

Don't hike GST rates amid tough times, says West Bengal FM Amit Mitra

He said the proposed hike, aimed to correct the inverted duty structure, must be deferred as markets in India were facing a double whammy of stagflation and coronavirus

WTO-compliant remission of tax scheme for exporters gets canbinet nod

Under the scheme, an inter-ministerial committee will determine the rates and items on which the reimbursement of taxes and duties would be provided.

Top 10 biz headlines: ED probes Rana Kapoor, GST on phones to rise and more

From Gujarat HC's notices over surcharge imposition to IndiGo's profit warning, here are the top 10 business stories for the day

GST portal glitches to dominate agenda of Council meeting on Saturday

States may ask Infosys to have a point of contact; IT firm chairman Nilekani to a presentation on Saturday

Govt gives Infosys 15 days to submit plan to quickly fix glitches in GSTN

It was also decided to ask Infosys Chairman Nandan Nilekani to make an urgent presentation before the GST Council on March 14

Don't increase GST

Higher tax rates will stifle demand and growth

Commercial vehicles continue to slip, top cos see decline in February sales

Industry representatives have said the situation is unlikely to improve soon as India's economic activity is yet to pick up due to less business activity and consumer spending

GST collections: From Maharashtra to Rajasthan, how top 10 states fare

Karnataka, Uttar Pradesh, and West Bengal witnessed a significant increase in GST collections

Govt's monthly GST lottery scheme to curb tax evasion to begin from April 1

Under the scheme, the revenue department will conduct monthly lucky draws which will have one bumper prize, while there would be second and third prizes state wise

Slowdown due to govt focusing more on political agenda than economy: Rajan

India can still reverse its slowing economic growth by paying attention to key issues, he added