Ecommerce firms facing glitches in filing 'tax collected at source' details
NEW DELHI: E-commerce companies are facing technical issues in filing the details of tax collected at source (TCS) from their sellers on...
Taxman starts questioning & issuing notices to BPOs
One month after the Authority of Advance Ruling (AAR) ruled that back office support services qualify as “intermediary” support services...
GST returns: Rollout of new system only by FY20
Even as the goods and services tax (GST) revenue is trailing, the long-delayed comprehensive returns-filing system won’t come into effect...
Centre, states apportion Rs 33,000 crore IGST in November
As much as Rs 33,000 crore lying in the integrated goods and services tax (IGST) pool has been apportioned between the centre and states...
GST on banks' 'free services' may be passed on to customers
MUMBAI: Faced with the prospect of paying goods and services tax (GST) on ‘free services’ provided to customers who maintain a minimum...
GST Council met 30 times, took 918 decisions in 2 years: Govt
NEW DELHI: The all-powerful GST Council, chaired by Finance Minister Arun Jaitley, has met 30 times and taken 918 decisions related to...
'Note ban, GST cost economy Rs 4.8 lakh crore'
NEW DELHI: Demonetisation and faulty GST implementation caused a loss of Rs 4.8 lakh crore to the economy, West Bengal finance minister...
Govt struggles to meet GST collection target; indirect tax mop-up shortfall could be this much in FY
The government has been struggling to meet the Goods and Services Tax (GST) collection target, which along with the cut in excise duty on...
Detected! Indirect tax evasion of Rs 29k crore during Apr-Oct
The investigation arm of the finance ministry has detected tax evasion worth Rs 29,088 crore in 1,835 cases during the April-October...
Bogus Eway bill scam worth Rs 100 crore unearthed
AHMEDABAD: A bogus billing scam was unearthed by the State Goods and Services Tax (GST) department where Eway bills worth Rs 100 crore...
