- 16 Sep 2022 05:53 PM
- New
Reforms of 1991 were incomplete, says Nirmala Sitharaman
NEW DELHI : Finance minister Nirmala Sitharaman on Thursday said that India could have become the fifth biggest economy in the world earlier itself, but for the philosophy of socialism which relied on centralised planning.
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- 16 Sep 2022 05:58 PM
- New
Capex by state governments picks up pace in July, says Care Ratings
MUMBAI: Capital spending by 21 states picked up pace in July, although their combined expenditure in the April-July period was marginally lower year-on-year, Care Ratings said in a report.
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- 16 Sep 2022 06:01 PM
- New
Gadkari asks OEMs to offer discounts to incentivise scrapping, bats for GST concession
NEW DELHI: Union Minister for Road Transport & Highways Nitin Gadkari has urged automobile manufacturers to offer discounts to people for new purchases of vehicles against scrapping of old ones.
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- 14 Sep 2022 05:32 PM
Delhi's GST collection sees incremental growth in first quarter of FY 22-23
The GST collection of Delhi government has seen an incremental rise in the first quarter of the financial year 2022-23.
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- 13 Sep 2022 03:18 PM
Shift in economy calls for review of tax framework
NEW DELHI : The legal framework of goods and services tax (GST) and customs, as well as officials working in the tax administration, need to be ready to deal with the shifts taking place in the economy, such as the expansion of the circular economy and growth in clean energy, Central Board of Indirect Taxes and Customs (CBIC) chairman Vivek Johri said.
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- 13 Sep 2022 03:24 PM
8 New Functionalities for Taxpayers on GST Portal (August, 2022)
Source: https://taxguru.in/goods-and-service-tax/functionalities-taxpayers-gst-portal-august-2022.html
New Functionalities made available for Taxpayers on GST Portal in August, 2022 includes Enabling CORE Amendment Link For Taxpayers who fail To Update Bank account, Changes implemented in Form GSTR-3B, Late fee waiver up to 28th July, 2022, for delayed filing of return in Form GSTR-4 (Annual) for the FY 2021-22, Generation of GSTR-11 based on GSTR-1 / 5 for UIN holders, HSN based validation implemented in Form GSTR-9, Changes in HSN length validation in Form GSTR-1, Filing for Refund in Form RFD-01 for exports without payment of tax and Updation of Statistics on GST Portal.
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- 13 Sep 2022 03:47 PM
E-Waybill for Gold provisioned in e-Waybill system
Source: https://taxguru.in/goods-and-service-tax/e-waybill-gold-provisioned-e-waybill-system.html
E-Waybill for Gold has been provisioned in the e-Waybill system. As per the notification issued by their respective states, the taxpayers may generate e-Waybill for Gold (comprising items belonging to HSN Chapter 71 only) for intrastate and interstate transactions.
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- 13 Sep 2022 06:07 PM
No further extension of Maharashtra Amnesty Scheme 2022
With reference to the above referred representation from your association, you are requested to communicate to the members of your association that already enough time and opportunity has been provided for opening the Maharashtra Amnesty Scheme 2022 under the Maharashtra Settlement of Arrears of Tax, Interest and penalty or Late fee Act, 2022.
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- 12 Sep 2022 06:06 PM
Mumbai: CGST Bhiwandi arrested the mastermind of the Fake GST invoice racket
A fake invoice racket worth ₹132 crore and availing/passing on Input Tax credit of ₹23 crore was busted by the Bhiwandi Commisionerate of Central Goods and Services Tax (CGST) in the Mumbai Zone.
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- 12 Sep 2022 06:11 PM
Firms can soon file claims for GST credits of ₹400 cr
NEW DELHI : Businesses are set to get credits for taxes paid in the pre-goods and services tax (GST) era worth about ₹400 crore, with the government set to open a special window for businesses to file their claims from 1 October.
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