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...
‘Rupee could Slide to 73/US$ by Dec’ : Experts
Mumbai: The rupee may slump to 73 to a dollar by December if emerging market (EM) currencies collectively head south in their response to...
Petrol, diesel not to come under GST in near future as centre, states not in favour, says source
New Delhi: Petrol and diesel will not come under the purview of Goods and Services Tax (GST) in the immediate future as neither the...
Note ban, GST pulled down credit to MSMEs, dented exports
MUMBAI: An RBI study has found that the note ban exercise imposed in November 2016 has led to further decline in the already falling...
No service tax on licence fee for liquor sold in retail: Delhi HC
Citing a GST Council decision, the Delhi High Court disposed off a writ petition filed by leading liquor companies challenging imposition...
18% GST on salary paid for services by a firm to its branch offices in other states, rules AAR
New Delhi: Salary for services like accounting, IT, human resource, provided by the head office of a company to its branch offices in...
Bitcoin fraud: How investors lost ₹22k cr BitConnect Promised 1% Daily Interest
Ahmedabad: It was too good a deal — earn 1% daily interest and double your money in 100 days. Too good to be true, hordes of rich...
