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SURESH ROHIRA
Quit metro life for a smaller city? Here’s the real money math Indians must check before movingMany are trading metro life for tier 2 cities, seeking better quality of life, cleaner environments, and reduced stress. While income may f...- Are you retiring or retired and searching for job? Here’s a guide on finding job after retirementSeveral online platforms offer job opportunities for those over 60 or already retired, but don’t wait till retirement to plan ahead. Start ...
- GST Council meeting today: Lease rates, refund for exporters and extra cess on agendaGST Council may clarify rates on long-term leases. If approved, this will benefit manufacturing and realty cos.
- Auto slowdown: Rajiv Bajaj for GST cut closer to BS-VI, Pawan Goenka wants it nowWhile automobile industry clamours for a cut in GST, differences have now arisen over when it should be done.
- Car dealers on taxman’s radar over discounts & freebies to customersI-T dept is probing whether the tax treatment of discounts during transition to GST was done properly.
- Trend of over Rs 1 lakh cr GST collection is sustainable: Suresh Rohira, Grant ThorntonThis government’s tax collection figures are much better than the erstwhile regime, says Rohira.
- Simpler GST turns out to be bad business for India's tax consultantsAt least 20 partners and as many as 50 directors in top firms have either quit or will leave in coming months.
- CBIC clarifies on levy of GST on sales promotion schemesUnder GST supply includes all forms of supply of goods or services such as sale, transfer, barter, rental, lease or disposal made or agreed...
- India wants a simpler, easier GST complaint form for consumersThe anti-profiteering format will be simplified so that complaints can be made on a single page.
- Exporters move High Court after govt denies tax creditExporters who could not meet targets are now unable to get credit on imported raw material.
- No centre-state wall: Officials handling GST can assess allIndustry fears getting caught in a crossfire between the Centre and state officials for enforcement action.
- GST: A circular that could lead to turf war between states and centreTax experts had predicted that richer states, like AP, Tamil Nadu, Maharashtra and Gujarat, may get aggressive as they could see fall in th...
- GST: Sanitary napkins to be 1.5-2.5 per cent cheaper, not 12 per centIndustry sources said companies are working on the new prices, which would come into effect once the GST notification is issued.
- Early exit pay by employee under taxman’s scrutinyAccording to two people in the know, the scrutiny is currently focused on transactions where the payment is at least Rs 30 lakh.
- GST rollout was done keeping in mind the size of the Indian economy: Suresh Nandlal Rohira, Grant ThorntonOne of the advantageous factor under GST is removal of all the octroi check post and nakas, says Suresh Nandlal Rohira.
- With technical glitches exposed, companies wary on e-way bill implementationThe e-way bill is aimed at doing away with physical checks by state officials and ideally should reduce transit time across state borders, ...
- Cab companies seek clarity on state entry, exit taxes in GST regimeCab companies are waiting for a “categorical clarification” on whether state entry and exit taxes will go away once GST kicks in.
- Companies may lose their registration if they fail to pass GST benefits to youThe Anti-Profiteering Authority can order the reduction in price commensurate with the lowering of incidence of taxation under the new indi...
- GST may raise price of flats nearing completionSimilarly, if you plan to buy a house after July 1 in a project that is complete or nearing completion, you will have to pay tax at the rat...
- GST gains: Prices of flats may drop by up to 5%After allowing for credit for taxes paid on inputs such as cement, steel, paints and other items, the actual burden will be lower.
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