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MAHESH JAISING
2026 dawns brightly on buoyant sentiment as India’s economy hits high gearIndia's economy is experiencing a strong start to 2026. December data reveals high consumer sentiment and robust economic activity. Car sal...- GST rate rationalisation tops companies' list of demandsBusinesses in India want simpler GST and fewer tax slabs. A Deloitte survey reveals that sectors like healthcare seek rate rationalisation....
- Budget 2025: Amnesty Scheme for customs may be announced to reduce litigation, say expertsFinance Minister Nirmala Sitharaman may announce an Amnesty Scheme for customs in the upcoming Budget to reduce litigation and foster ease ...
- A lot more tax money will fill India's coffers soonAfter the Goods and Services tax collections for September showed a yearly jump of 6.5 per cent, the experts in this domain have expressed ...
- GST collections grow 10 per cent to Rs 1.75 lakh crore in AugustGST Collection August 2024: Goods and Services Tax (GST) collections in August saw a significant increase, totaling Rs 1,74,962 crore, whic...
- Most of top-level executives have positive perception of GST: Deloitte surveyA Deloitte survey shows growing confidence in India's GST among C-suite executives, with 84% perceiving it positively in 2024, up from 72% ...
- GST Council likely to consider a review of 28% tax on online gaming at June 22 meetingThe council may also take up recommendation of the fitment committee on inverted duty structure of 15 items, officials aware of the matter ...
- Central Excise Bill may be introduced in budget sessionThe Centre is set to introduce the Central Excise Bill, 2024 to replace the outdated Central Excise Act, 1944 and align excise law with GST...
- CBIC starts electronic disbursal of duty drawback to exporter's bank accounts via PFMSCBIC introduces electronic disbursement of duty drawback amounts to exporters' bank accounts via PFMS platform, enhancing transparency, eff...
- Petitions pile up as GST notices come after 3 years of returns filingMany businesses, who were served with goods and services tax (GST) notices in December 2023 and January of this year following the extensio...
- Thousands of taxpayers get GST notices for FY18Tax experts said this would lead to an increase in litigation over the next three months while hitting cash flows of companies as they woul...
- 88% MSME say GST reduced cost of goods and services, optimised supply chainAbout 80% of the businesses say that the GST law requires additional reforms including removing Input tax credit restrictions and introduci...
- Govt notifies procedural changes in GST rules, interest to be charged for wrongful credit availmentWith the amendments notified by the Central Board of Indirect Taxes and Customs (CBIC), businesses have also been allowed to make tax payme...
- GST is a success according to Deloitte survey: Mahesh Jaising“Everybody is also at the moment pausing, reflecting and looking forward to the fifty years of GST. From an ease of doing business prospect...
- Industry bodies and MNCs seek deferment of mandatory e-invoicing till JanuaryAs per a survey conducted by Assocham, over 90% of its members have sought for the extension. "We have requested the government to introduc...
- Local phone manufacturing to get a boost with 10% customs dutyThe announcement on the duty came in simultaneously with the midnight roll-out of Goods and Services Tax (GST) on the intervening night of ...
- 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...
- India Inc hails model GST law, expects rollout from next fiscalThe govt has put up the model GST legislation for public consultations and hopes to get the bill passed during the monsoon session of Parli...
- Government may bring intra-company deals under GST to increase transparencyTax experts, however, said this could impact ‘transactions’ between two branches of a company and give leeway to many tax officers to inter...
- P&G, HUL, Tata Motors and others evaluate impact of GST in first hour of implementationThe proposed GST, which will subsume all indirect taxes that are currently levied by the central and state governments, may increase costs ...
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