Tag: GST Council reforms
GST Council reforms address key industry concerns, focus shifts to implementation, says Dept of Revenue official
Bengaluru: The recommendations of the 57th GST Council meeting, held on October 8, were shaped through extensive consultations within the government and with states, and…
No rate cuts, but big GST relief: 8 reforms on refunds, ITC, registration and enforcement | Explained
The GST Council on Thursday moved beyond rate changes to overhaul how the indirect tax system works for businesses and taxpayers, approving a series of…
One GST return a year? New scheme could ease compliance for 16 lakh small businesses
Small businesses that sell only to consumers may soon have to file just one GST return a year, with the GST Council on Thursday approving…
GST Council meet: Scrapping tax officers’ arrest powers, decriminalisation among reforms on agenda
New Delhi: The GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state ministers, on Thursday started deliberations on sweeping policy reforms, like scrapping…
GST Council may scrap arrest provisions, fast-track refunds with 90% automatic payout
New Delhi: The 57th GST Council meeting is likely to consider major changes in tax compliance, including a proposal to remove arrest provisions under the…
GST Council may clear sweeping compliance reforms; e-commerce sellers, genuine buyers to get relief
The GST Council is expected to evaluate a series of major procedural reforms aimed at simplifying tax compliance for businesses. Key measures on the table…
Piyush Goyal to industry: Pass on full GST rate cut benefits to consumers to boost demand, jobs & growth
Union Minister Piyush Goyal on Monday urged the industry to pass on the full benefits of GST rate cuts to consumers, saying this would boost…
GST Council clears process reforms for taxpayers
The Goods and Services Tax (GST) Council meeting has approved a host of structural and process reforms for small taxpayers, including launch of auto refund…