Companies rush to match input tax credit with vendor returns
NEW DELHI: Indian companies are scrambling to retain hundreds of crores of input tax credit for last financial year under the Goods and...
Pay tax, get rewards from the government
NEW DELHI: A cup of tea with the state governor, priority check-in at the airport, passports on priority, dedicated toll lanes, airport...
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. ...
