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Tag "goods and service tax"

Credit card expenses by Indian subsidiary of a multinational corporation liable to GST

Credit card expenses by Indian subsidiary of a multinational corporation liable to GST

🕔17:11, 17.May 2021

New Delhi, May 17  Credit card expenses made by employees of an Indian subsidiary for furtherance of business here would come under the purview of Goods and Service Tax (GST) with applicable 18 per cent rate. According to a recent

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GST collections in Oct may cross Rs 1 lakh cr mark for first time in FY21

GST collections in Oct may cross Rs 1 lakh cr mark for first time in FY21

🕔07:27, 27.Oct 2020

New Delhi, Oct 27  In a sign that economic revival is getting more pronounced in the unlock phases, country’s goods and service tax (GST) collections set to cross the Rs 1 lakh crore mark for the first time during this

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GST enlarged tax base, brought formalisation: Government

GST enlarged tax base, brought formalisation: Government

🕔19:34, 18.Jun 2018

New Delhi, June 18  The Goods and Service Tax (GST) has resulted in greater formalisation of the Indian economy with over 6.5 lakh new assessees having sought registration under the new indirect tax regime, the government said on Monday. A

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Centre working on long-term solution to fuel prices: Pradhan

Centre working on long-term solution to fuel prices: Pradhan

🕔10:06, 25.May 2018

Bhubaneswar, May 25  Union Petroleum Minister Dharmendra Pradhan on Thursday said the government is working on a long-term solution to contain rise in prices of petroleum products in the country. “Goods and Service Tax (GST) is one way being looked

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Extend pre-GST duty drawback till June : Parliamentary panel

Extend pre-GST duty drawback till June : Parliamentary panel

🕔22:31, 19.Dec 2017

New Delhi, Dec 19 (IANS) A parliamentary panel has suggested that the government extend the duty drawback rates for exporters prevailing prior to the roll out of the Goods and Services Tax (GST) until June next year or till the revenue

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Present GST is tax terrorism : Manmohan Singh

Present GST is tax terrorism : Manmohan Singh

🕔19:40, 2.Dec 2017

Surat, Dec 2 (IANS) Terming the Goods and Services Tax (GST) as tax terrorism, former Prime Minister Manmohan Singh said on Saturday that along with demonetisation it took away more than 31,000 jobs in Surat, and wondered why Prime Minister Narendra

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MRPL organises GST outreach program

MRPL organises GST outreach program

🕔19:50, 17.Jul 2017

Mangaluru. July 17, 2017 :   A GST Outreach Programme was held in MRPL on 17-07-2017 to sensitize the stake holders about the landmark tax reform introduced by the Government of India.  Dr M Subramanyam, IRS, Commissioner of Central Excise &

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GST : CBEC set to be Central Board of Indirect Taxes and Customs

GST : CBEC set to be Central Board of Indirect Taxes and Customs

🕔17:57, 13.Jun 2017

New Delhi, June 13 (IANS) Reiterating that preparations are in full swing for rolling out GST on July 1, the Central Board of Excise and Customs (CBEC) said on Tuesday that, along with the states, the department has increased its outreach

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PM Modi reviews GST roll-out status from July 1

PM Modi reviews GST roll-out status from July 1

🕔22:10, 5.Jun 2017

New Delhi, June 5 (IANS) Prime Minister Narendra Modi on Monday reviewed the status of Goods and Services Tax (GST) roll-out from July 1 and described it as a “turning point” for the economy. “The Prime Minister asserted that the

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GST to check tax evasion, ensure compliance: Jaitley

GST to check tax evasion, ensure compliance: Jaitley

🕔10:26, 30.May 2017

Bengaluru, May 30  The (GST), to be implemented from July 1, would check tax evasion and ensure greater compliance by more tax payers, said Union Finance Minister Arun Jaitley on Monday. “The GST will make tax collection efficient, check evasion

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GST on track, to be implemented from July 1: Jaitley

GST on track, to be implemented from July 1: Jaitley

🕔16:50, 5.Mar 2017

New Delhi, March 4 (IANS) Giving a clear roadmap for its implementation, Finance Minister Arun Jaitley on Saturday said that the Goods and Services Tax (GST) was on track and July 1 was going to be the likely rollout date of

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