Only about 15% of taxpayers have filed GST Returns, low numbers worry CBIC chief
The dismal figures has prompted CBIC Chairman Pranab K Das to get the tax commissioners to help out with the process and expedite the return filing process.
Fed meet, Q1 earnings among key factors that may guide D-Street next week
For the week, Sensex fell 454 points to 37,883. Nifty fell 135 poin...
Illegal gold chips away at Kerala Jewellers’ Business
Traders say they’re losing 25-30% business, claim import duty & GST are encouraging ill...
K'taka CM seeks special central funding for Bengaluru
He called for upgradation of facilities in urban local bodies in view of the increasing urbanisation due to migration from rural areas.
With new government, hopes of early inclusion of gas, ATF into GST fold brightens
The Ministry has already put a request for the inclusion of two fuels in the indirect tax system.
View: New government should hit the ground running on reforming the GST
A lot of items, at present, are outside the GST net. The new govt must improve its coverage.
IAF protests Rs 100 crore GST bill on import of aircraft parts
The IAF has asked the DRI to reconsider more than Rs 100 crore of IGST levied on various imported items.
No material impact of flood cess on gold sales: Industry sources
Goods taxable at 1.5% State GST will attract a cess on value of 0.25%. Gold bullion and jewellery attracts GST (centre plus states) of 3%.
Finance Ministry asks officers to guide taxpayers on Budget proposals
It has also asked them to give their views and feedback on various proposals.
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