The Centre should keep spending momentum while the Reserve Bank of India (RBI) should immediately cut interest rates to support…
GST for under-construction units may be cut to 5% from 12%; input tax credit may go for builders
Despite the series of rate cuts since its July 2017 launch, the shortfalls in GST collections seem to be bridging…
Move to provide lakhs of small businesses the option to exit GST net, revenue impact seen minimal.
While e-returns for income tax saw a big jump this year — in April-November, 6.09 crore returns were filed, up…
Tax officials say unfavourable rulings in some of these cases could have adverse revenue implications for the government.
The notion is that India’s tax data hardly match the ostentatious consumption being witnessed in several pockets of the country,…
The cargo tracking mechanisms employed by different organisations need to be integrated for greater efficiency of the supply chain and…
In terms of volume of exports, the split between exporters using IGST route to ITC mechanism was 15% and 85%…
Nearly a year after the National Anti-profiteering Authority (NAA) was set up, it has disposed of only eleven complaints and…
Also, average tax paid by an individual filer came in at close to Rs 35,000 in H1, up from a…
In a potentially controversial move that could extend the indirect tax department’s ambit to capital transactions and pit it against…
80% rise in returns filed, 67% increase in gross income reported, but lower growth in tax mop-up
Twenty one months after the launch of Operation Clean Money (OCM) to find out how much of the demonetised currency…
E-returns filed by individual taxpayers grew 70% annually to 5.4 crore in the April-August period of the current financial year.
While the GST Act lays down the jurisdiction of state and Central tax officials over taxpayers, sources said ambiguity on…
34 among 44 sellers of e-tailer’s shares sought cover under Section 9 (1) to avoid capital gains tax
GST collections rose marginally to Rs 94,442 crore in September, but with average collections in the first six months of…
