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GSTN PREPAREDNESS
Behind the scenes: Sitharaman chaired 3 separate meetings on GSTN preparedness for GST 2.0Finance Minister Nirmala Sitharaman is preparing for the rollout of the next-generation GST with reduced rates and fewer slabs, effective S...
GST Council may simplify returns filing norms tomorrowThe Council, in its meeting ahead of the 2018-19 Budget, will also consider reduction in GST rates for goods and services in view of the re...
GST council may bring petrol, realty under GST in futureUnder GST, petroleum products will attract the highest tax slab and states can levy cess on it in order to protect their revenues, said Sus...
GoM will keep meeting till GSTN issues are resolved, says ministerWhile there is some progress in resolving a few issues, many issues continue to persist. The GoM is meeting again on Oct 4 to review progre...
Businesses stay optimistic amid GSTN’s tech hiccupsFiling returns has emerged as a sore point after GST rollout on July 1, pushing the portal’s functioning to the centre stage at the last GS...
Karnataka has helped lower TCS rate for ecommerce sector: Minister Krishna Byre GowdaCentre acknowledged that Karnataka has contributed considerably to GST. On most parameters, Karnataka is ahead both in preparedness and imp...
First meet of GoM to iron out GSTN portal glitches tomorrowThe GoM was constituted on September 12 and its first meeting is convened within a week as the government looks at fast ironing out the iss...
Agriculture traders protest outside GST Council meet venueAgricultural Produce Market Committee, Pandharpur, in their representation said while raw turmeric has been exempted from GST, turmeric fin...
4 days to GST - Firms stumble upon last-mile challengesAt a meeting of small and medium enterprises (SMEs) in Noida last week, a businessman said his chartered accountant had increased fees from...
GST: NIC may get the job to develop e-way bill systemInitially, GST Network -- the IT platform for the goods and services tax (GST) regime -- was entrusted with the task of developing the soft...
Defer GST rollout as IT network not ready: Assocham to FMAssocham said existing assessees have not yet migrated to the GSTN portal due to reasons like non-familiarity with IT tools as well as regi...
7 states yet to pass SGST laws even as roll out deadline nearsSo far, 24 states and Union Territories, including Delhi, Odisha and Puducherry, have passed the SGST Act in their respective legislative a...
3/4th of taxpayer base linked with GST networkSeveral upgrades have been lined up, including a new call centre with 400 agents that will have employees who are well versed in accountanc...
GST rollout from July 1 will have serious problems: Amit MitraThe finance minister has to decide whether it should go ahead with the biggest fiscal reform when the IT preparedness is not 100 per cent, ...
Tough to accept GST in this form: Amit MitraBengal Finance Minister Amit Mitra says that industries thriving in Bengal are in 28% tax bracket, and it is very difficult to accept the G...
June 1: Registration for GST enrolment reopensAt a review meeting of IT Preparedness for GST System, Revenue Secretary Hasmukh Adhia expressed satisfaction with the preparation for the ...
Low trader enrolment, technical glitches may delay GST launchWhile July 1 is the Centre's self-imposed deadline, the final date for the launch according the constitutional amendment is September 16.
Revenue department allows more time for GST registration till AprilRevenue Secretary Hasmukh Adhia reviewed the IT preparedness of the Goods and Services Tax Network (GSTN) last week.
Ensure IT set-up for GST by Sept 30: Hasmukh Adhia to banksRealising the criticality of the issue, the Department of Revenue has been regularly monitoring the progress of IT preparedness of various ...
Finance Ministry sets up two panels for roll out of GST from April 2016Gearing up to roll out GST from April 1, 2016, the Finance Ministry today set up two committees to suggest tax rates.