Tag: gst council

gst: GST Council likely to vet CBIC's plan for additional validations in return filing to check evasion
Posted in Economy

gst: GST Council likely to vet CBIC’s plan for additional validations in return filing to check evasion

The GST Council is likely to consider CBIC’s proposal in its meeting scheduled to take place next month. According to Central Board of Indirect Taxes…

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gst council: GST Council to discuss measures to curb evasion, GoM report on online gaming in July 11 meet
Posted in Economy

gst council: GST Council to discuss measures to curb evasion, GoM report on online gaming in July 11 meet

The GST Council on July 11 will discuss some more measures to tighten the noose on fake registration and fraudulent generation of input tax credit…

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gst: GST Council to take up betting, online gaming
Posted in Economy

gst: GST Council to take up betting, online gaming

The Goods and Services Tax (GST) Council will meet on July 11 to discuss reports submitted by the group of ministers on online gaming, casinos…

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GST council meet: GST Council to meet next in Delhi on July 11
Posted in Economy

GST council meet: GST Council to meet next in Delhi on July 11

The Goods and Services Tax (GST) will meet in Delhi on July 11 to discuss many pending agendas, including reports on Online Gaming and trading,…

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tax devolution Instalment: Finance Ministry releases Rs 1.1 lk cr as third instalment of tax devolution to state govts
Posted in Economy

tax devolution Instalment: Finance Ministry releases Rs 1.1 lk cr as third instalment of tax devolution to state govts

The Union government on Monday released the third instalment of tax devolution to state governments amounting to Rs 1,18,280 crore, as against normal monthly devolution…

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GST Rate: FinMin starts process for deciding on convenor of GST rate rationalisation GoM
Posted in Economy

GST Rate: FinMin starts process for deciding on convenor of GST rate rationalisation GoM

The finance ministry has started the process of deciding on a new convenor of the GoM on GST rate rationalisation, sources said. The position has…

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The GST Council and Meity must provide clarity on legal status of online gaming industry
Posted in GST

The GST Council and Meity must provide clarity on legal status of online gaming industry

As India moves to embrace the new economy, it is looking at several sunrise sectors that offer immense potential for growth. For decades, India has…

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E-invoices must for businesses with 5 crore turnover a year
Posted in Economy

E-invoices must for businesses with 5 crore turnover a year

The centre on Thursday announced it will be mandatory for all businesses with annual turnover of over Rs 5 crore to move to e-invoicing for…

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gst: Businesses can revoke cancelled GST registration by June 30
Posted in Economy

gst: Businesses can revoke cancelled GST registration by June 30

New Delhi: Businesses whose Goods and Services Tax (GST) registrations were cancelled before December 31 for non-filing of returns can apply for revocation of the…

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gst: A four-member GST appellate tribunal likely in each state to streamline dispute resolution
Posted in Economy

gst: A four-member GST appellate tribunal likely in each state to streamline dispute resolution

A four-member appellate tribunal is likely to be set up in each state in order to streamline and expedite the dispute resolution process with regard…

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