Tag: gst council meeting
Single-window GST registration for multistate businesses set for pilot this week
New Delhi: The central government will pilot a single-window goods and services tax registration system for multistate businesses this week, allowing companies to apply for…
GST enforcement may shift from ‘arrest’ to ‘detect, recover and prosecute serious frauds’
New Delhi: The Goods and Services Tax (GST) enforcement framework might soon see significant changes with tax officers likely to lose the power to arrest…
GST registration overhaul: Businesses may soon apply for multiple states at once
New Delhi: The GST Council is likely to consider a proposal to allow businesses to file for GST registration in multiple states through a single…
Employers may soon be able to claim ITC on GST paid for employee insurance cover
New Delhi: The GST Council is expected to consider a proposal in its meeting on October 7 to allow employers to claim input tax credit…
GST Council meeting likely to be postponed, say sources
The 57th meeting of the Goods and Services Tax (GST) Council meeting is likely to be postponed, with a final decision expected tomorrow after consultations…
GST Council to hold 57th meet on Sept 12
New Delhi: The GST Council is set to meet on September 12, nearly a year after its last meeting, to consider reforms including making it…
GST registration for big businesses: Centre, states work on uniform documents for faster approvals
New Delhi, The Centre and state tax officers are working on guidelines to bring uniformity in documents that are to be submitted for faster processing…
India eyes more FDI, speed up divestment, asset monetisation as economy faces external risks
New Delhi: The government plans to push ahead with reforms, including further measures to boost foreign investment, speeding up divestment and asset monetisation, as it…
GST rate rationalisation has largely fixed inverted duty structure, says Sitharaman
Finance minister Nirmala Sitharaman on Tuesday said the recent goods and services tax (GST) rate rationalisation has “largely corrected” the inverted duty structure faced by…
Behind the scenes: Sitharaman chaired 3 separate meetings on GSTN preparedness for GST 2.0
To ensure a glitch-free rollout of the next-generation GST with reduced rates and lesser slabs, Finance Minister Nirmala Sitharaman chaired three separate meetings to assess…