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GST RELAXATIONS
MSMEs and GST@9: Journey so far and next phase of reformsFor India Inc., including MSMEs, the focus appears to have shifted from stabilisation to optimisation, as confidence grows on account of di...- Macro, the Mightiest: Why India’s biggest macro variable still falls from the skyThe 2026 monsoon comes with a clear warning: Rainfall is forecast at 92% of the long-period average, with higher-than-usual probability of ...
- Induction cooktop makers may be enticed with duty, GST cutsIndia is weighing tax cuts on induction cooktops. This aims to boost local manufacturing and make electric cooking more affordable. The gov...
- West Asia crisis: Govt considering customs duty cut on critical induction cooktop componentsIn a bid to enhance accessibility to induction cooktops, the government is contemplating a reduction in import duties on components. Additi...
- Corporate Affairs ministry proposes easing company incorporation rulesIn an effort to boost entrepreneurship, the corporate affairs ministry is poised to revamp the company incorporation process. By consolidat...
- Iran war impact: Essential drugs may cost up to 5% more, for nowThe immediate net consumer impact could be 3-5% higher prices, or roughly similar to what consumers paid before the late-September cuts in ...
- Festive season trade to cross Rs 5 lakh crore as offline sales surge, says CAITAnticipations for this festive season's trade have skyrocketed, expected to surpass five lakh crore rupees, as brick-and-mortar markets thr...
- Bengaluru street vendors seek GST relaxation after receiving notices for UPI transactions crossing 40 lakh turnoverSmall vendors in Karnataka are facing distress due to GST notices for UPI transactions exceeding ₹40 lakh annually. The Karnataka Pradesh S...
- GoM readies report on GST appellate tribunalsThe principal bench of the GST Appellate Tribunal (GSTAT) is proposed to be set up in New Delhi, while large states can have up to five ben...
- GST: Monthly return filing deadline extended till June 26The GST Council on May 28 had decided to extend certain compliance relaxations on account of COVID. The due date for furnishing details of ...
- Union Budget 2021: SCAI asks government intervention for the retail sector recoveryThe Shopping Centres and organised modern retail sector has been a major contributor to the country’s GDP and employment generation.Being a...
- ICAI seeks 3-month deadline extension for FY19 GST annual return filing"We request... to provide appropriate relaxation to the registered persons and extend due dates of filing GST annual return and GST audit f...
- Borrow more to stimulate demand, revive economy: P Chidambaram to governmentAs part of his measures to revive the economy, he sought transferring cash to the poorest 50 per cent of families, offering them foodgrains...
- Easing FRBM limit by 50bps not adequate, say Kerala, Punjab, criticising Centre's borrowing optionsThe Centre offered two options for states at the GST Council meeting on Thursday to make up for the shortfall in the GST compensation cess ...
- Biggest triumphs associated with GST is the depiction of cooperative federalismThe GST Council has approved new simplified return formats and these are expected to be launched on a pilot basis from April and full-fledg...
- India Inc hopes for more cheer from GST councilThere is good news on readiness of supply chain involving distributor and retailers with a strong majority of the respondents i.e 72% 'fair...
- Domestic electronics manufacturers to benefit from GST: ReportLocal manufacturers will be able to pass on the tax benefit to consumers in the form of price reduction, the report said.
- GST Council gives relaxation of 2 months for filing of GST returns“The official implementation of GST will take place on the midnight of June 30th in an official ceremony to be held on the same day,” FM Ar...
- GST Council June 18 meet: Here are the key decisions taken todayThe GST Council cleared 6 rules, including anti profiteering. An anti-profiteering body will also be setup for 2 years.
- Opposition likely to delay GST rolloutKey BJP-ruled states such as Madhya Pradesh, Chhattisgarh and Gujarat have expressed reservation against finance minister Pranab Mukherjee’...
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