Two important items for which a rate cut to 18% has been sought are two wheelers and cement, for which…
FE has juxtaposed the I-T data for FY16 with the Household Survey on India’s Citizen Environment & Consumer Economy (ICE…
Taxpayers in top slab grew 100% between AY2013-14 and AY2017-18, almost all of this increase due to those reporting income…
A review by FE revealed that at least five firms have got reliefs from the high courts, in what allowed…
Most real estate developers have opted for 12% GST rate for housing units in ongoing projects as it allows them…
By FY18, the share of e-returns filers among all categories of taxpayers to the total taxpayer base (which include non-filers…
Further, over 77% of the bonds in terms of value was redeemed in designated State Bank of India branch in…
Under Chapter 86 of the GST tariff rules, specified items for supplies to the railways are taxed at a benign…
A big reason for not being able to catch such tax evasion is due to the fact that the government…
In the pre-GST regime, the organisation was tasked with gathering intelligence on companies that came under the excise and service…
Both the firms wanted clarity on the applicability of GST on proceeds received from contract bottling units (CBUs). Sale of…
Surveys reveal respondents want red tape, corruption out for ease of doing biz
Jagdeep S Chhokar, one of founders of the Association for Democratic Reforms (ADR) and the former IIM Ahmedabad professor says…
The GST Act saw several amendments last year, which included changes in discharge of tax liability from the existing input…
Registrar of companies tightens norms for auditors, asked to specify reasons
As GST revenue collections consistently missed the estimates by a wide margin, the government in the interim budget brought down…
The denial of the benefit to donors is on the ground that they were in connivance with Bioved, which was…
CBDT tells field officers to complete a probe into these cases by March end, outlines SOPs.
