IGST refunds amounting to Rs 21,142 crore and RFD-01A refunds totalling Rs 16,920 crore has been sanctioned by CBIC (Central Board of Indirect Taxes a...
Petroleum Products To be Bought Under GST Bracket: Hasmukh Adhia
Finance Secretary Hasmukh Adhia said the all-powerful GST Council will consider bringing petroleum products under Goods and Services Tax (GST) and it ...
GSTN Glitches Must be Discussed and Addressed
The Goods and Services Tax (GST), India’s biggest reform in indirect taxes still remains a work in progress even one full year after its implementatio...
‘India Can be Termed as World’s Capital of MSMEs’
“We must hear from the MSMEs. And there must be an opportunity given to MSMEs to get heard. Once we know their perspective, their challenges by themse...
GST for MSMEs Became a Game Changer: Piyush Goyal
Piyush Goyal said that enterprises having a turnover of Rs. 20 lakhs are exempted from GST and those with a turnover upto Rs. 1 crore have to pay 1% t...
Outgoing Chief Economic Adviser – Arvind Subramanian Urged to Withdraw 28% GST Slab
“I think the 28 percent rate has to go. The cesses may have to remain, but there should be just one rate on cesses… Today, we have GST rates of zero, ...
India is Investor Friendly Nation: PM Narendra Modi
Speaking at the third annual meeting of the Asian Infrastructure Investment Bank (AIIB) here, PM Narendra Modi said, “India is one of the most invest...
GST Replaced ‘Inspector Raj’& Introduced Cooperative Governance: Narendra Modi
Narendra Modi said that information technology has replaced the 'Inspector Raj' under the Goods and Services Tax (GST), as he termed the first year of...
“GST Teething Problems are Over Now, Economy Showing Signs of Revival”
The Indian economy is moving from strength to strength, with challenges related to GST implementation no being over, said Rakesh Bharti Mittal, Presid...
Around 50 Thousand MSMEs in Tamil Nadu are Facing Closure, Leaving Massive Job Crisis
According to the Policy Note 2018-19, tabled in the Tamil Nadu Assembly, the number of registered MSME units in the state came down to 2,17,981 units ...