Gst Laws News

Market

Streamlining of GST compliance fast becoming a long row to hoe

The pace at which applications are being filed is alarming, considering that it has only been 15 months since Goods and Services Tax (GST) has been implemented

1 min read17 Sep 2018
Politics

GST: On food, transport, employers may get to claim input tax credit

The government has proposed as many as 46 amendments to the GST lawsCentral GST, State GST, Integrated GST and Compensation of Sates Act

4 min read10 Jul 2018
Industry

There will be initial leniency in GST laws for genuine mistakes: Hasmukh Adhia

Revenue secretary Hashmukh Adhia said under GST, a distinction would be made between genuine mistakes in filing of returns and deliberate attempts to evade taxes

2 min read22 Jun 2017
Opinion

Indian GST: unparalleled tax reform

The Indian GST reform will get etched in history, not only for the immense benefits that will accrue to all stakeholders, but also for its boldness and unique design

4 min read6 Jun 2017
Politics

Revised GST legislation may pinch working capital of industries

The revised draft of the GST bills tabled in Parliament could put pressure on the working capital of industries and spark greater litigation in the coming years

2 min read29 Mar 2017
Opinion

Winter session

No issue is or should be off limitsbut here's hoping that doesn't scupper the winter session's productivity

1 min read16 Nov 2016
Politics

Creation of GST council gets Union Cabinet approval

The finance ministry notified setting up of the GST council, a representative body comprising the Union finance minister and state finance ministers

3 min read13 Sep 2016

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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

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