Tag: GST Council

Rs 6,000 Crore Released to States to Meet GST Compensation Shortfall
Banking & Finance, Finance

Rs 6,000 Crore Released to States to Meet GST Compensation Shortfall

SMEStreet Edit Desk- January 5, 2021

Out of this, an amount of Rs 5,516.60 crore has been released to 23 states and an amount of Rs 483.40 crore has been released ... Read More

GST Council To Discuss GST Compensation Cess Today
Finance, GST

GST Council To Discuss GST Compensation Cess Today

SMEStreet Edit Desk- October 12, 2020

With the Covid-19 pandemic sharply reducing the revenue realisation of both the Centre and the states, the GST compensation needs of states have enlarged substantially ... Read More

GST Council To Discuss Compensation Plan on Oct 12
Banking & Finance, Finance

GST Council To Discuss Compensation Plan on Oct 12

SMEStreet Edit Desk- October 6, 2020

The decision taken to meet again in October was suggested by Bihar Deputy Chief Minister and Finance Minister Sushil Modi, after the Council's Monday meet ... Read More

Finance Ministry Proposed Options For GST Compensation Issue Resolution
Banking & Finance, GST

Finance Ministry Proposed Options For GST Compensation Issue Resolution

SMEStreet Edit Desk- August 28, 2020

States have been given seven days time to come with their views on the options listed by the Centre, during the 41st GST Council meeting ... Read More

Haryana’s Deputy CM Urged GST Council to Lower GST Rates on Textiles, Fertilizers & Footwear
Apperal & Garments, Clusters

Haryana’s Deputy CM Urged GST Council to Lower GST Rates on Textiles, Fertilizers & Footwear

SMEStreet Desk- June 13, 2020

"Haryana has demanded from the Union government not to increase the tax on textiles, fertilizers and footwear. Same demand was also endorsed by Gujarat and ... Read More

Key Highlights of GST Council Recommendations
LimeLight

Key Highlights of GST Council Recommendations

SMEStreet Desk- June 12, 2020

The 40th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing here today. Read More

No Late Fee for Filing GST Returns Between July 2017 and January 2020: Nirmala Sitharaman
Banking & Finance, GST

No Late Fee for Filing GST Returns Between July 2017 and January 2020: Nirmala Sitharaman

SMEStreet Edit Desk- June 12, 2020

"For the period from July 2017 to January 2020, which is prior to COVID period, a lot of return filing has been pending. For all ... Read More