After spending nearly a decade in the workshop, the Goods and Services Tax (GST) completed six months of existence by…
This means their average sales are Rs 8 lakh a year, but firms with turnover below Rs 20 lakh don’t…
The Goods and Services Tax Council may consider merging triplicate comprehensive tax return forms (GSTR-1, 2 and 3) into one…
The chances of at least a modest fiscal slippage for the Centre in 2017-18 appeared increasingly likely on Tuesday, after…
This was when salary income — the largest source among individual taxpayers — was shown as nil by a substantial…
All start-ups have to register with the government and there is a tedious procedure to get tax exemptions; the definitions…
Under GST, movement of goods worth above Rs 50,000 beyond 10 kilometres requires the supplier/transporter to generate an e-way bill…
Even though the tax department has set aside a clutch of orders sent to IT companies reversing their tax exemptions…
Saddled with a massive amount of unverified input tax credit (ITC) claims from the taxpayers, the government fears that the…
The finance ministry on Monday moved the Supreme Court seeking a stay on the Delhi High Court’s October order that…
The government may have no option but to abandon its soft approach to a section of taxpayers who are presumably…
CBEC has mentioned certain objections raised by the taxpayers in sharing the required information and also suggested ways to counter…
Tax commissioners to collect granular data of taxes paid, credit availed for July-Oct and compare the same with figures from…
FE had recently reported there have been a few complaints lodged at the state-level screening committees before the NAA was…
While the October revenue mop-up declined to `83,000 crore, the government as well as tax experts believe that it could…
The Central Board of Direct Taxes (CBDT) has sent a missive to all assessing officers (AOs) to stick to protocol…
A sharp decline in the Goods and Services Tax (GST) collections in October has prompted the Central Board of Excise…
The recent Cabinet decision to set up a National Anti-profiteering Authority (NAA) and the message given to industry by policymakers…
