Portfolio

Loading...
Select Portfolio and Asset Combination for Display on Market Band
Select Portfolio
Select Asset Class
Show More
Download ET MARKETS APP

Get ET Markets in your own language

DOWNLOAD THE APP NOW

+91

CHOOSE LANGUAGE

ENG

  • ENG - English
  • HIN - हिन्दी
  • GUJ - ગુજરાતી
  • MAR - मराठी
  • BEN - বাংলা
  • KAN - ಕನ್ನಡ
  • ORI - ଓଡିଆ
  • TEL - తెలుగు
  • TAM - தமிழ்
Drag according to your convenience
ET NOW RADIO
ET NOW
TIMES NOW
GST

MULTIMEDIA

Cost of Compliance under GST goes up by 2X for taxpayers

Cost of Compliance under GST goes up by 2X for taxpayers

In the pre-GST era, the filing of indirect tax returns was a mutually exclusive activity by the taxpayers, independent of the supplier or buyer’s return.

Not so simple: Annual GST return seeks additional details from taxpayers

Not so simple: Annual GST return seeks additional details from taxpayers

GST Law mandates all taxpayers, except casual taxable person or non-resident taxable person, input service distributor, person liable to deduct TDS, to file annual return for the period July 2017 to March 2018 by 31 December 2018.

GST effect? Hundreds of thousands laid off despite growth

GST effect? Hundreds of thousands laid off despite growth

Tax complexities have driven many small enterprises out of business and forced many out of jobs.

Finance Ministry simplifies GST refund claim process for businesses

Finance Ministry simplifies GST refund claim process for businesses

GSTR-2A is a purchase return auto-generated by the system based on the transaction between a business and its supplier.

Government notifies new annual return form for GST

Government notifies new annual return form for GST

The normal taxpayers will need to file GSTR-9 return form while composition taxpayers will have GSTR-9A. The last date for filing the annual return form for 2017-18 is December 31.

GST authorities get their act together to plug gaps

GST authorities get their act together to plug gaps

In a recent circular, Andhra Pradesh’s chief commissioner of state tax empowered state case officers to take action if they detect tax evasion based on intelligence inputs.

Sale of religious books, DVDs to attract GST: AAR

Sale of religious books, DVDs to attract GST: AAR

Large businesses that form trusts for charitable & religious activities may need to reassess the tax treatment of supplies.

Bring petrol, diesel under GST immediately: Chidambaram

Bring petrol, diesel under GST immediately: Chidambaram

"The price is built up by excessive taxes on petrol and diesel. If taxes are cut, prices will decline significantly," Chidambaram said.

How has GST impacted manufacturing

How has GST impacted manufacturing

India saw highest manufacturing growth in more than 2 years in April-June, 2018.

Government spent Rs 132.38 crore on GST advertisements

Government spent Rs 132.38 crore on GST advertisements

As per the Bureau of Outreach and Communication under the ministry, the "expenditure on GST advertisements through this bureau" on print media stood at Rs 1,26,93,97,121.

‘Missing’ service tax credit in GST update worries companies

‘Missing’ service tax credit in GST update worries companies

Tax practitioners say the latest changes deny carry forward of credit for cesses, as intended, but credit for service tax has also been done away with.

​GST: A circular that could lead to turf war between states and centre

​GST: A circular that could lead to turf war between states and centre

Tax experts had predicted that richer states, like AP, Tamil Nadu, Maharashtra and Gujarat, may get aggressive as they could see fall in their indirect tax collections.

Indenting firms challenge IGST levy on export services

Indenting firms challenge IGST levy on export services

The petitioners have challenged the Constitutional validity of Section 13(8) (b) of the IGST Act which deems the place of supply for “intermediary” services to be in India.

MSME in GST's focus: What's in store the coming months?

MSME in GST's focus: What's in store the coming months?

The sector has faced many challenges both regarding the economies of scale, the lack of high-end technology and other benefits enjoyed by its larger counterparts.

GST Annual Return: Everything you need to know about the format, eligibility & rules around GSTR 9

GST Annual Return: Everything you need to know about the format, eligibility & rules around GSTR 9

Efforts are underway to finalize the contents of the annual return with the dual purpose of achieving simplicity and comprehensiveness.

Shhh! No more chirping over GST issues on Twitter

Shhh! No more chirping over GST issues on Twitter

Govt decided to discontinue the account launched a year ago to respond to the taxpayers' questions.

Freebies may be freed of GST payment burden

Freebies may be freed of GST payment burden

Essentially, the price paid by the consumer for the goods would be considered for the levy of GST.

Government extends deadline for filing July GSTR-3B till Aug 24

Government extends deadline for filing July GSTR-3B till Aug 24

The earlier due date was August 20.

No GST on petrol, diesel in near future as Centre, states not in favour

No GST on petrol, diesel in near future as Centre, states not in favour

If the two fuels are put under GST, the Centre will have to let go Rs 20,000 crore input tax credit it currently pockets by keeping petrol, diesel, natural gas, jet fuel and crude oil out of the GST regime.

Logistics, warehousing H1 leases up 45%; GST, infra status pushes demand

Logistics, warehousing H1 leases up 45%; GST, infra status pushes demand

The average size of space take-up increased to 90,000 sq ft from around 75,000 sq. ft. during the first half of 2017.

Small biz exports hit by GST refund delay

Small biz exports hit by GST refund delay

MSME credit and especially micro credit — including loans by banks and NBFCs — show a healthy rate of growth in recent quarters. According to the report, bank credit to MSMEs increased on an average by 8.5% in Q1FY19.

Note ban, GST pulled down credit to MSMEs, dented exports

Note ban, GST pulled down credit to MSMEs, dented exports

The credit disbursal to the MSME sector has, however recovered a tad since the lows of 2017 to reach the mid-2015 level, notes an RBI report called the Mint Street Memo.

Companies in a bind over GST on inter-state office services

Companies in a bind over GST on inter-state office services

The ruling has raised concerns over how to deal with salaries of stewardship functions such as chief executive, chief financial officer, audit head, legal head and marketing teams.

Passing on GST cut: National Anti-Profiteering Authority may not object to higher quantities over lower prices

Passing on GST cut: National Anti-Profiteering Authority may not object to higher quantities over lower prices

FMCG cos that raised the quantity of their packaged products instead of reducing prices can breathe easy as NAPA will accept higher grammage as effectively passing on the benefit.

Putty manufacturing companies penalised for not passing on GST rate cut benefit

Putty manufacturing companies penalised for not passing on GST rate cut benefit

The Centre has issued directions that all such pre-packed commodities with reduced GST slab must bear revised MRP so that consumers can avail the benefit of tax reduction.

Inter-state office services to attract GST

Inter-state office services to attract GST

The ruling implies that companies with offices in many cities will need to raise invoices for inhouse service functions and pay GST.

NAA's directive on audit of e-comm cos stuck over jurisdiction issue

NAA's directive on audit of e-comm cos stuck over jurisdiction issue

DG Audit can only audit those e-com companies which are registered with the Centre. Those who are registered with states, the state tax officials would have jurisdiction over them.

Glitch-ridden GST was due to lack of time: GSTN CEO

Glitch-ridden GST was due to lack of time: GSTN CEO

From day one, many glitches were experienced which were magnified when the e-Way Bill was rolled out.

National Anti-Profiteering Authority moves to make sure consumers gain from GST cuts

National Anti-Profiteering Authority moves to make sure consumers gain from GST cuts

At its last meeting on July 23, the GST Council cut rates on paints, washing machines, TVs below a certain size and refrigerators among other goods to 18% from 28%.

Subway, Yum restaurants under watch for failing to pass on GST rate cut benefits

Subway, Yum restaurants under watch for failing to pass on GST rate cut benefits

The agency has questioned their practice of passing tax cuts on select products and not across the board, according to an official aware of the development.

Government notifies due date for filing GST returns from July'18-March'19

Government notifies due date for filing GST returns from July'18-March'19

In a notification issued today, the Central Board of Indirect Taxes and Customs (CBIC) has stipulated that details of outward supplies for July 2018 to March 2019 has to be filed by the 11th of the succeeding month.

Mere deposit of goods to custodian not liable for GST: AAR

Mere deposit of goods to custodian not liable for GST: AAR

The ruling came in relation to applicability of goods and services tax in case of a derivative contract in diamonds through Indian Commodity Exchange.

CGST Amendment: Companies may have to reverse cess credits

CGST Amendment: Companies may have to reverse cess credits

As per the government, the provision related to cesses will apply retrospectively once the parliament and all the state legislatures pass the bill.

Is GST helping the Indian economy for the better?

Is GST helping the Indian economy for the better?

India’s first federal institution, the GST reform does away with the old multilayer arbitrary tax scheme, making it easier to administer taxes while making revenue collection more efficient.

BACK TO TOP