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ANITA RASTOGI
Soon, GST taxpayers will get 'risk scores'An extensive plan is being worked out even though annual return filings has been postponed by two months to August 31.- FY-20 rebound tool: A rejig in foreign tradeThe widening current account deficit (CAD) of India indicates that imports exceed exports and hurts the economic growth rate.
- GST: From anti-profiteering to fixing GSTN glitches, issues that need immediate attentionThe Government should consider taking appropriate measures to further strengthen the GST portal, to facilitate compliance with GST law amen...
- CBIC clarifies on levy of GST on sales promotion schemesUnder GST supply includes all forms of supply of goods or services such as sale, transfer, barter, rental, lease or disposal made or agreed...
- Let’s split the bill: GST Council wants more services unbundledGST Council has decided to extend the unbundling of bills beyond healthcare for all categories of services
- Seller of imported goods faces probe for GST profiteeringThe National Anti-profiteering Authority has held a supplier of imported machinery guilty of profiteering for not passing on the benefit of...
- Lifestyle to refund profiteered amountFashion retailer Lifestyle International Pvt Ltd. has got entangled in the crosshairs of anti-profiteering authority for allegedly not pass...
- GST rate cuts: Amazon, Myntra on anti-profiteering watchlistTax authorities have kept a close watch on firms to ensure that rate cuts were being passed on to consumers.
- Do away with local taxes on movie tickets: AssochamIndustry body Assocham has sought industry status to the film sector and has asked the government to do away with imposition of any other l...
- GST to curb black money, April 2017 rollout tough: ExpertsThe April 1, rollout deadline for the new indirect tax regime looks tough but both the states and Centre are ready in terms of preparedness...
- GST to be simple with 1 pc additional tax removal, say expertsConsidering the biggest indirect tax reform measure since independence, the government has met a key opposition demand of scrapping 1% addi...
- Budget 2016: Service tax to be levied on transfer of spectrum, says Arun JaitleyExperts feel that the move may result in increased financial burden for telecom operators, even as the same may reduce future litigation.
- No service tax on payments to expats working in local arms of MNCs: Authority for Advance RulingAlthough rulings by the AAR are case specific, they have an effect on tax assessment of other firms under similar circumstances.
- Anti-evasion wing summons executives of MNCs to check if they have paid service taxThe anti-evasion wing dealing with indirect taxes has summoned executives of a number of companies across sectors to check on business deta...
- MNCs get notice to stump up taxes on salary of expatsTax practioners say showcause notices have been issued to many firms, and if enforced, the tax claims could make it costlier for cos to emp...
- Future Ventures close to selling 22.86% in ANDKishore Biyani-owned company in talks with PE fund General Atlantic for Rs 150-200-cr deal.
- Budget 2012: Excise, service tax hikes reformist, but may dampen consumer demandThe hike in excise duty and service tax to 12% from 10% may temper demand in the economy at a time when India Inc is reeling under the pres...
- Trouble for Chief Executives of firms not raising invoice within 14 days of serviceChief executives of companies in the services sector can face prosecution if their firms fail to raise invoices on time.
- Government may remove countervailing duty on importsThe proposal had figured at a meeting on inflation chaired by Prime Minister Manmohan Singh and attended by senior cabinet colleagues on Ja...
- Now chit funds to pay service taxIn a master circular that supersedes all previous circulars on the scope, valuation and classification of taxable services, the government ...
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