Gst
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May GST collection stays above Rs 1 lakh crore, but lower than April
Business | Jun 01, 2019, 05:35 PM IST"Year-end collections are always highest as there is pressure on field officers to meet the targets," said Amit Bhagat, Partner, indirect tax practice, Dhruva Advisors.
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Amarinder writes to Modi with 101 suggestions to 'simplify GST'
India | May 31, 2019, 10:30 PM ISTPunjab chief minister Amarinder Singh Friday wrote to Prime Minister Narendra Modi, giving 101 suggestions on GST simplifications to alleviate the problems currently faced by businesses.
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Government projects sharp rise in non-GST revenue in FY23
Business | May 27, 2019, 08:14 PM ISTThe Centre has projected a sharp increase of 26.6 per cent in non-Goods and Services Tax collection in 2022-23, making up for a loss on account of expiry of compensation cess provision.
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Home buyers confused between 5 or 12 per cent GST on flats
Business | May 22, 2019, 07:47 PM ISTBuilders are facing a piquant situation with homebuyers insisting that they will pay only the new rate of 5 per cent GST on flats even though the developer has opted for the old rate of 12 per cent to take advantage of credit on inputs like paints, cement and steel.
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Postcards from 5 years of Modi Sarkar
India | May 18, 2019, 02:57 PM ISTWith less than a week to go before India finds out who her next Prime Minister is going to be. India Tv brings to you the top moments of 5 years of Modi government.
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Home buyers to pay 12% GST on balance due if completion certificate issued by March 31
Business | May 15, 2019, 05:37 PM ISTHome buyers will have to pay 12 per cent GST on balance amount due to the builder if the housing project has been granted completion certificate by March 31, 2019, the CBIC has said.
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Deadlines for filing April GST sales returns extended in Odisha's 14 districts
Business | May 13, 2019, 03:01 PM ISTThe due date for filing summary sales return GSTR-3B and GSTR-1 for April was earlier notified as May 20 and May 11, respectively.
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Modi destroyed economy with demonetisation, GST: Rahul
May 09, 2019, 11:22 PM ISTCongress President Rahul Gandhi on Thursday again attacked Prime Minister Narendra Modi over his decision to implement demonetisation and a "flawed" GST, claiming that it broke the economy's backbone by resulting in the closure of many small and medium businesses across the country.
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Priyanka Gandhi attacks Modi govt over GST and demonetisation issue
Elections | May 01, 2019, 04:22 PM ISTPriyanka Gandhi attacks Modi govt over GST and demonetisation issue
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April GST collection peaks at Rs 1.13 lakh crore
Business | May 01, 2019, 03:06 PM ISTThe last date for filing summary sales return and payment of taxes for March was April 20, 2019.
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Govt extends deadline for GST sales return for March until April 23
Business | Apr 20, 2019, 07:15 PM ISTThe government has extended the last date for filing summary sales return, GSTR-3B, for March month by three days until April 23.
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ATF should be brought under GST to provide level playing field to airlines: Suresh Prabhu
Business | Apr 07, 2019, 11:45 AM ISTAirlines could expect an annual relief of up to Rs 5,000 crore by way of input tax credit if ATF is brought under GST.
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GST officers prodding businesses to deposit taxes by March 31 to meet fiscal target
Business | Mar 31, 2019, 12:20 PM ISTRacing against time to meet the GST collection target for 2018-19, tax officers have been prodding businesses to pay taxes by Sunday so that the amount gets reflected in the GST revenue collection data for March to be released on April 1 (Monday), a government official said.
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GST Council to clear rules for lower housing rates
Business | Mar 19, 2019, 01:15 PM ISTIn the last meeting, the Council slashed tax rates for under-construction flats to 5 per cent and affordable homes to 1 per cent, effective April 1.
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GST to spur assessee base by 80%: Arun Jaitley
India | Mar 19, 2019, 09:20 AM ISTThe GST will increase the assessee base in the first twenty-one months of its implementation by almost eighty percent, the minister said.
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GST collection drops to Rs 97,247 crore in February
Business | Mar 01, 2019, 05:40 PM ISTGST collections in February dropped to Rs 97,247 crore in February from Rs 1.02 lakh crore in the previous month, the Finance Ministry said on Friday.
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GDP growth slows to five-quarter low of 6.6 percent in Q3
India | Feb 28, 2019, 07:45 PM ISTIndia's economic growth slowed to a 5-quarter low of 6.6 per cent in October-December period of this fiscal, according to government data released on Thursday.
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Relief for homebuyers: GST on under-construction residential houses to be 5%, 1% on affordable housing
Business | Feb 24, 2019, 06:02 PM ISTThe Council also cut GST rates on affordable housing to 1 per cent from the current 8 per cent and expanded the scope of affordable housing to those costing up to Rs 45 lakh and measuring 60 sq metre in metros and 90 sq metre in non-metro cities.
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Tax officials send notices to Wakf boards for non-payment of service tax, GST
India | Feb 05, 2019, 04:00 PM ISTKerala State Wakf Board and Dawoodi Bohra Wakf, Mumbai, are the only two boards, out of the 30 Wakf boards in the country, registered under the Goods and Services Tax (GST) regime.
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Interim Budget 2019 | Average monthly collection of GST in Financial Year 2019 rose to Rs 97,100 crore: FM
Budget | Feb 01, 2019, 03:50 PM ISTThe state revenues, he said, are improving with guaranteed 14 per cent annual revenue increase for the first five years from the implementation of GST.