38th GST Council Meet: States Opposed GST Rate Hike

Most states were against the increase in GST rate in the 38th…

AIFPA Appeals to FM Addressing Dark Side of GST Hike on Food Industry

The GST Council meeting is scheduled on 18 December 2019. With this…

Government introduces e-invoice system to check fraud ITC claims

The government is concerned about falling GST revenues. One of the main…
GST

GoM to study the issue on GST compensation for several States

Several states continue to flag their concerns about the Centre not meeting…

GST laws amended to provide transition plan for people of J&K

Ever since the State of Jammu and Kashmir was reorganised as Union…
RBI

RBI deputy governor directs banks to monitor mudra loans

Banks lend uncollateralised loans under the Pradhan Mantri Mudra Yojana (PMMY). To…
GST Revenue

Finance Companies Receive GST Enquiries From Small-Town Tax Officials

Tax officers based out of small towns have started sending written enquiries…

New Measures to be Implemented to Prevent GST Evasion

As per the senior government officers, the government will soon be launching…

What’s Making India’s GDP Go Down from 6.1% to 5%?

The GDP growth forecast for the second quarter may further be reduced…

GST Revenue Collection Continues to Drop by Over Rs 2,500 crore

On 19th November (Monday), Amit Mitra, the West Bengal Finance and Industry…