GST Council for 10% disaster cess on SGST for Kerala rehabilitation, 7-member GoM panel to submit re
The Goods and Services Tax (GST) Council today has decided to take up the proposal by Kerala to impose a cess to help finance the...
Aadhaar’s out, other documents back for banks
MUMBAI: Bankers feel that with Aadhaar no longer mandatory, the alternative documents for KYC would be those officially valid as...
Government extends deadline for filing Income Tax return, audit report till October 15
NEW DELHI: The government Monday extended by a fortnight till October 15 the deadline for filing Income Tax return (ITR) and audit report...
TDS/TCS provisions under GST to come into effect from October 1
NEW DELHI: The government has notified October 1 as the date for implementing the tax deducted at source (TDS) and tax collected at...
Last chance to claim GST Credits for previous fiscal: All you need to do within this month
The credit of GST paid on expenses against the GST collected on revenue is the heart of a ‘value added’ tax system. Thus, GST credits are...
Government rules out excise duty cut as petrol, diesel prices hit fresh high
NEW DELHI: A cut in taxes on petrol and diesel is ruled out for now as neither the central government nor some states have the appetite...
Finance Ministry simplifies GST refund claim process for businesses
Easing compliance burden for businesses, the Finance Ministry has said GST refunds can be claimed by simply submitting a printout of...
Government notifies new annual return form for GST
New Delhi: The government has notified a new return form for goods and services tax (GST) that will have to filed for the full year. ...
Sale of religious books, DVDs to attract GST: AAR
New Delhi: Spirituality doesn’t always mean tax nirvana. Income from the sale of products such as booklets, magazines and DVDs and...
GST Council seeks ways to ensure MSMEs pay taxes every month
New Delhi: Tax authorities are considering ways, including the levy of interest on tax dues, to ensure that micro, small and medium...
