The proposed system requires a transporter to generate a new e-way bill when the goods are transferred from one conveyance…
Real tax incidence, not nominal rate, to be basis for fitment.
According to Section 132 of the Central GST Bill cleared by the Lok Sabha recently, the taxman can also proceed…
While goods and services tax (GST) will leave the tax incidence on a vast majority of goods unchanged or lower,…
The findings were part of the survey conducted by the I-T department, leading to a conclusion that some of the…
Small-scale units have proposed to the GST council that the need for keeping the GST chain unbroken can be met…
As the first tariff-based reverse auction for wind power got underway on Thursday, the Indian Wind Turbine Manufacturers Association (IWTMA)…
While it is expected that the transition to the goods and services tax (GST) regime could be marked by some…
Service tax department serves summons on the backbone of the goods and services tax
Revenue secretary Hasmukh Adhia said the Rs 3-lakh limit set by the Budget for cash transactions was “too high”, even…
While the government should have attempted bolder reforms in the area of direct taxes and tried to improve compliance, it…
In a bid to improve tax compliance and reward salaried taxpayers in the aftermath of demonetisation, finance minister Arun Jaitley…
The civil aviation ministry has estimated that the sector could be adversely impacted to the tune of nearly Rs 5,000…
It was after a seven-year gap that wind turbine maker Suzlon Energy posted annual profits the last fiscal, but all…
The country’s peak power demand at the end of the financial year 2021-22 will be 235 giga watt (GW), down…
The Central Electricity Regulatory Commission (CERC) has proposed to increase the short—and medium-term transmission corridor charges (STOAs and MTOAs) for…
The company has availed the ‘deemed licensee’ status of the SEZ, which allows it to replace state with any other…
While the shortage of cash in the economy has dampened demand across a host of sectors and will certainly crimp…
