Tag: gst liability

6 years of GST: Rs 1.5 trillion monthly tax revenues becomes 'new normal', focus on curbing tax evasion
Posted in Economy

6 years of GST: Rs 1.5 trillion monthly tax revenues becomes ‘new normal’, focus on curbing tax evasion

Six years after the rollout of the biggest indirect tax reform in India, Goods and Services Tax (GST) revenue of Rs 1.5 lakh crore every…

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Taxman asks companies to reverse credit claimed on IPO expenses
Posted in Economy

Taxman asks companies to reverse credit claimed on IPO expenses

More than 150 companies that have raised funds through initial public offering (IPO) since July 2017 are now staring at additional goods and services tax…

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