SIAM urges for GST cut on automobiles

An industry executive believes that there will be a reduction in vehicle…

Electronics, Cars, and Real Estate Companies Pitch for a GST Rate Cut

As the Narendra Modi-led government is all set for the second term…

Kerala becomes the first state to impose 1% flood cess on GST

In August 2018, severe floods hit Kerala, disturbing millions of lives. It…
GSTR-9

Key areas of new indirect tax system require immediate attention

The idea of GST was to transform India into a single market.…

GST rate cuts are unlikely to happen prior to Budget 2019-20

Over the last two months, the GST collections have exceeded the 1…

SC dismisses the petition against HC verdict to arrest GST evaders

The Supreme Court (SC) rejected a petition challenging the Telangana High Court…

RBI aims for a ‘cash-lite’ India; releases a detailed roadmap

Reserve Bank of India (RBI) aims at implementing various initiatives for a…

Senior citizens with Rs 5 lakh income qualify for TDS exemption

As per the Central Board of Direct Taxes (CBDT) notification, senior citizens…

New government to focus on improving the GST coverage

Currently, a lot of commodities do not come under the GST net.…

Government plans to introduce GST e-invoices to curb tax evasion

GST officers are coming up with a system wherein a business above…