E-PaperE Way News
CBIC advises businesses to rectify GST return filing defaults
CBIC said that taxpayers with sales above ₹five crore in the previous fiscal are advised to ensure that all their due returns have been filed
1 min read15 Oct 2020Govt extends validity of certain e-way bills till June-end
CBIC had in April extended the validity of e-way bills generated on or before March 24 and having expiry between March 20 and April 15 till April 30Last month, it was further extended till May 31
1 min read10 Jun 2020Pick up in goods movement in May signals resumption of economic activity
Official data showed that electronic permits raised by businesses for transportation of goods, or e-way bills, and toll payments made by trucks carrying such items across states surged last month
1 min read3 Jun 2020IHMCL, GSTN to ink pact to link FASTag with GST e-way bill system on Oct 14
MoU will be inked at the 'One Nation, One FASTag' conference, which will be inaugurated by Road Transport and Highway Minister Nitin GadkariIntegration of e-way bill system with FASTag will help revenue authorities track the movement of vehicles and ensure that they are travelling to the same destination that the transporter had specified while generating the e-way bill
1 min read13 Oct 2019No e-way bill if GST returns not filed for 6 months: Report
This latest move, officials believe, would help check Goods and Services Tax (GST) evasion. Integration of e-way bill with FASTag would help find the location of the vehicle, and when and how many times it has crossed the NHAI's toll plazas
1 min read20 Jan 2019Not just lower taxes, evasion too a factor in the GST shortfall
Until December, 499 cases of fake invoices, used for claiming input tax credit worth 3,895 crore, were detected
3 min read7 Jan 2019E-way bill may be linked with FASTag to check GST evasion
Touted as an anti-evasion measure, e-way bill system was rolled out on April 1, 2018, for moving goods worth over ₹50,000 from one state to another
2 min read19 Nov 2018Revenue shortfall may limit the scope of GST rate cuts
GST Council may not give in to MSMEs' demands for rate cuts at 28-29 Sep meeting
2 min read20 Sep 2018GST: Short-term pain but long-term gain for the Indian economy
GST should enormously benefit the Indian economy in the long term due to its unparalleled benefits including uniformity of taxes, and improved efficiency in logistic
7 min read9 Aug 2018GST collections inch up in July to ₹ 96,483 crore on e-way bill usage
About 6.6 million GST returns (referred to as GSTR 3B) have been filed up to 31 July compared to 6.46 million GST returns filed in June
1 min read1 Aug 2018Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared