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PUBLIC COMMENTS ON GST
Finance Ministry to invite comments on amended GST return forms from Nov 1The Finance Ministry will invite comments from businesses on proposed changes to GST return forms. This feedback period will begin on Novem...
GST must become an economic partnership, not just tax collection tool: CBIC chief Vivek ChaturvediVivek Chaturvedi, Chairman of CBIC, emphasized the importance of reducing compliance burdens for GST taxpayers. During a recent meeting, va...
India to widen services production index to include education, health and defenceThe statistics ministry plans to expand the monthly Index of Services Production to cover education, healthcare, public administration and ...
Govt looks to widen coverage of Index of Services Production, invites feedbackMoSPI began compiling the ISP on a monthly basis for the formal services sector on a trial basis in July 2026. The exercise uses 2024-25 as...
BharatPe backs new UPI MDR framework, distances itself from former CEO Ashneer Grover’s criticismBharatPe supports the new UPI merchant transaction framework. The company clarified co-founder Ashneer Grover's views are his own. This new...
2.7 ka 7.8, 7.8 ka 2.8... The data debate behind India’s GDP growthLatest GDP metrics reveal a robust real growth of 7.8% for Q1 FY27, although some dissent surfaced due to erroneous comparisons between out...
Ahead of Market: 10 things that will decide stock market action on TuesdayIndian markets fell as rising US bond yields, hawkish Fed signals, renewed US-Iran tensions and crude above $90 pressured sentiment, while ...
RBI turns upbeat as worst of Iran war shock recedesIndia’s economy is showing resilience five months after the Iran war sparked fears of inflation and a downturn. Inflation remains within th...
Sebi proposes to allow FPIs to participate in physically settled commodity derivativesSebi plans to permit Foreign Portfolio Investors in physically settled commodity derivatives. This move aims to boost institutional partici...
AU$100,000 salary sounds like Rs 67 lakh in India, but an Indian in Australia explains the realityAn Indian man in Australia explained salary conversion differences to his family. His AU$100,000 annual income appears large when converted...
Sebi extends deadline for feedback on proposal to overhaul mutual fund rulesThis additional expense, introduced to offset the impact of crediting exit loads back to schemes, was first set at 20 bps in 2012 and later...
Government unveils draft GST returns forms, seeks public commentsThe tax department today put up in public domain draft GST returns forms -- Sahaj and Sugam -- for seeking comments from stakeholders.
Draft GST return forms to be released for public comments by MondayThe GST Council, chaired by Union Finance Minister, had last week cleared the new return filing form. It would replace the current GSTR-1 a...
Finance Ministry seeks public comments on GST rulesThe government has sought comments from industry on the 4 set of new rules on -- GST Composition, GST Valuation, GST Transition and GST ITC.
State finance ministers to meet on November 20 to discuss draft GST lawsState FMs are scheduled to meet on November 20 to discuss the model Goods and Services Tax law as well as the integrated-GST or iGST legisl...
Centre needs to clarify mechanism on GST rollout: AP minister"Almost all states have agreed on the implementation of GST, but there are some issues which are to be resolved by the union government," t...
Centre circulates model GST laws among states"The model GST law and iGST law has been circulated among the states. The Empowered Committee would meet soon to discuss them," a senior of...
GST can be implemented any time in 2016: CBECThe tax department today said GST can be implemented anytime during a year and not only the beginning of a financial year.
- EGoM to submit first draft on GST draft next week
The Empowered Committee of State Finance Ministers will submit its first draft to the Centre on the proposed Goods and Services Tax next we...
- All goods taxes may come within GST
States may have to opt for subsuming all taxes on goods, like purchase tax, under the unified goods and service tax (GST) regime.