GST

GST

  • Latest

    GST intelligence agency raids Tamil actor Vishal

    A team of the Intelligence Agency of the GST conducted raids at the office of the Vishal Film Factory, the production house owned by actor and President of Tamil Nadu Film Producers Council Vishal. The raid took place at the premises of the Vadapalani office of the production house at around 2 pm. At first it was said that it was a raid by the Income Tax department, but the same was denied later....

    • 4 hrs ago
  • Top Stories

    More Service Providers May Get To Pay Flat GST To Ease Compliance

    The government may consider easing rules for small businesses by allowing more service providers to pay a flat Goods and Services Tax under the composition scheme, an official told BloombergQuint requesting anonymity. It may also allow businesses to claim input tax credit on supplies procured from dealers that have opted for the scheme, the official said. As of now, no credit is...

    • 7 hrs ago
  • Companies

    Govt says GST rates may be rejigged to reduce burden on SMEs

    Key highlights: Hasmukh Adhia said that some rejig in the GST rate structure is required to reduce the burden on SMEs He further said the GST will take about a year to stabilise The GST Council's 23rd meeting will be held on November 10 in Guwahati The government seemed to have made yet another indication that it may reduce the Goods and Service Tax (GST) burden for...

    • 8 hrs ago
  • Top Stories

    GST Rate Structure Needs Rejig, Says Hasmukh Adhia

    Some rejig in GST rate structure is required to reduce the burden on small and medium businesses, Revenue Secretary Hasmukh Adhia has said. The Goods and Services Tax (GST), which amalgamates more than a dozen central and state levies like excise duty, service tax and VAT, will take about a year to stabilise, he told PTI. "There is need for some rejig in rates... it is possible that some...

    • 12 hrs ago
  • Home

    Govt planning steps to ease GST compliance burden on SMEs: Hasmukh Adhia

    New Delhi: Policymakers are considering steps to ease the compliance burden related to the goods and services tax (GST) on small businesses and to make product classification for taxation less complicated, said revenue secretary Hasmukh Adhia. The simplification process may result in some readjustment of tax rates, including a possible reduction in some items that attract...

    • 20 hrs ago
  • Latest

    'Mersal' has addressed important issue: Rajinikanth

    Tamil superstar Rajinikanth on Sunday lauded the crew of actor Vijay's starrer 'Mersal', saying the film has addressed an important issue. However in a terse Twitter message, he did not explicitly refer to any specific issue, although the film has courted controversy over Goods and Services Tax, with BJP claiming that there have been incorrect references to the central taxation....

    • 22 hrs ago
  • India

    GST rate structure needs complete overhauling: Revenue Secretary

    The Goods and Services Tax (GST), which amalgamates more than a dozen central and state levies like excise duty, service tax and VAT, will take about a year to stabilise, Revenue Secretary Hasmukh Adhia has said. In an interview to PTI, he said a complete overhaul of the tax rates is now required to reduce the burden on small and medium businesses. Nearly four months since its...

    • yesterday
  • Business

    GST rate structure needs complete overhauling, says Hasmukh Adhia

    With the new GST regime firmly entrenched, a complete overhaul of the tax rates is now required to reduce the burden on small and medium businesses, Revenue Secretary Hasmukh Adhia has said. In an interview to PTI, he said the Goods and Services Tax (GST), which amalgamates more than a dozen central and state levies like excise duty, service tax and VAT, will take about a year to...

    • yesterday
  • GST

    Prithviraj Chavan hits out at govt over note ban, GST; calls them as 'attacks on economy'

    Mumbai, Oct 22: Former Maharashtra Chief Minister Prithviraj Chavan has criticised the NDA government's move of demonetisation and the implementation of the Goods and Services Tax (GST), calling them as 'attacks on the economy'. The government mistakenly assumed that currency in cash is black money. It is sometimes a provision for emergency...

    • yesterday

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