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GST DUES PENDING
Five reforms India needs before the next shockIndia faces economic vulnerabilities from external crises. Five reforms are proposed to build resilience. These include reducing gold and c...
Big auto bets big: Carmakers line up Rs 40,000-crore capex push amid demand boomWhile Maruti Suzuki has earmarked record investments of Rs 14,000 crore in FY27 to add annual capacity for 500,000 cars, Hyundai Motor Indi...
Missed GST return filing? Your GST registration could be suspended; check the legal positionGST registration can now be suspended for even minor delays in filing returns, a shift from the previous six-month rule. Experts highlight ...
'Demand for Maruti cars healthy in local market despite global challenges,' says senior executive Partho BanerjeeMaruti Suzuki anticipates strong growth this financial year. Demand for its cars remains high, exceeding supply. The company plans to incre...
Maruti Suzuki sees double-digit growth in FY27 as demand holds firm despite West Asia tensionsMaruti Suzuki anticipates strong growth this financial year, aiming for over 10 percent. Domestic demand remains robust, exceeding supply. ...
Maruti Suzuki revenue tops Rs 50,000 crore, net profit slipsThe country’s largest carmaker’s March quarter net sales rose 29% to Rs 50,078.70 crore from Rs 38,839.1 crore in the year-ago period. Its ...
Maruti Suzuki lines up record capex of Rs 14k cr to add capacityMaruti Suzuki plans a record Rs 14,000 crore capital expenditure for FY27. This investment will expand manufacturing capacity to meet risin...
GST 2.0 Inverted duty structure hurts FMCG, Pharma: Expert flags concernsIndian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG...
HDFC Life Insurance shares tank 4% on Q4 results. What are Morgan Stanley and Goldman Sachs saying?HDFC Life Insurance share price declined 4% after announcing plans to raise Rs 1,000 crore from HDFC Bank via preferential issue, alongside...
GST refund stress: MedTech sector flags cash crunch, seeks reliefIndia's medical device sector is facing severe financial strain, prompting an urgent plea to the government for expedited GST refund proces...
Faceless GST system needed; Rs 80,000 cr GST dues must be resolved: Delhi CM Rekha GuptaDelhi Chief Minister Rekha Gupta advocated for a "faceless" and transparent GST system, noting that Rs 80,000 crore in GST dues are pending...
Pending GST tax dues recovery under amnesty scheme likely to be Rs 6,000 cr: Ajit PawarMaharashtra's Deputy Chief Minister, Ajit Pawar, announced an amnesty scheme for state GST dues. The scheme aims to recover Rs 6,000 crore,...
Attention GST taxpayers: November 30, 2024 is last day to claim pending input tax credit by filing GSTR 3BGST input tax credit: GST taxpayers who are yet to claim any pending input tax credit for FY 2023-24 can do so by filing the GSTR 3B form t...
No GST dues pending, some states have not submitted AG's report: Nirmala SitharamanThe Centre has said that no GST dues of any state are pending before it and that some state governments have not submitted AG's authenticat...
GST compensation for 8 months released to states, Rs 78,704 cr pending: Finance MinistryIn a statement, the ministry said normally, GST compensation for 10 months (April-January) of any financial year is released during that ye...
About Rs 52,000 cr GST compensation pending to states till Sept: Finance MinistryGiving details of Goods and Services Tax (GST) compensation released and pending to be released as on November 24, 2021, Minister of State ...
States seek GST compensation beyond 2022 to tide over Covid-19 crisisState finance ministers, during a video conference on Monday, also discussed issues arising out of the lockdown, including the urgent requi...
Tax dept clears Rs 7,000 crore GST refunds of exportersAbout Rs 14,000 crore of refunds of exporters were stuck due to various mismatches and CBIC has organised the special fortnight to fast tra...
CBEC field offices observe GST refund fortnight; to clear Rs 150 crore of pending refundsAs much as Rs 150 crore of Integrated Goods and Services Tax (IGST) refunds are pending for exports though the Cochin port, due to technica...
Havells India Q1 net drops 22% to Rs 114 croreThe company reported Rs 146 crore net profit in the corresponding quarter previous.