- 10 Jul 2023 05:36 PM
- New
GSTN geocodes 1.8 crore addresses of registered businesses
This geocoding would help in finding out the exact location of the registered entity and check bogus registrations.
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- 10 Jul 2023 05:39 PM
- New
GST Council aims to close gold loophole
Shipping gold, precious stones above ₹2L may need e-way bills
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- 10 Jul 2023 05:46 PM
- New
Centre allows data sharing between anti-money laundering authorities, GSTN
Finance ministry mandates information sharing between anti-money laundering authorities and GSTN for more effective measures against tax evasion.
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- 10 Jul 2023 05:49 PM
Here’s how India can turbocharge e-commerce exports
The Foreign Trade Policy (FTP) 2023, unveiled in April, gave special attention to the needs of the booming sector, but the government needs to do more to improve the ease of doing business, especially for tiny companies
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- 10 Jul 2023 05:56 PM
Rationalisation in GST rates should be implemented gradually, says CBIC Chairman Vivek Johri ahead of Council meeting
Vivek Johri, Chairman of CBIC, has stated that any changes to GST rates should be implemented gradually to ensure stability of revenues. He expects the current slab structure to eventually converge towards three or four rates.
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- 10 Jul 2023 05:52 PM
Lobby group urges GST Council to cut in-cinema F&B tax
Lower taxes are expected to make cinema visits more affordable and boost revenue for theatre owners
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- 10 Jul 2023 06:06 PM
Representation for Extension of various GST Amnesty schemes under GST
Source: https://taxguru.in/goods-and-service-tax/representation-extension-various-gst-amnesty-schemes.html
Income Tax Bar Association and All Gujarat Federation of Tax Consultants jointly make a representation for the extension of various Amnesty schemes under GST that ended on June 30, 2023. Read the full text of the representation and their requests for an extension until September 30, 2023.
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- 10 Jul 2023 06:02 PM
‘Business confidence improved in June qtr’
Business confidence in India has improved in Q2 2019, according to a survey by the Confederation of Indian Industry (CII). The CII's Business Confidence Index increased to 66.1 in Q2, up from 64 in the previous quarter. The survey also found that businesses are optimistic about prospects for fresh private investments, with the majority of respondents expecting the economy to grow at 6-7% this fiscal year. However, concerns were raised over slowing growth in developed economies and geopolitical risks impacting economic growth in the future.
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- 10 Jul 2023 05:59 PM
GST Council meeting tomorrow: Opposition states likely to pressure Centre over compensation
Compensation to states for lower-than-promised revenue growth under the GST system may be discussed at the GST Council meeting. Opposition-ruled states such as Kerala and Chhattisgarh are likely to raise the issue.
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- 07 Jul 2023 05:41 PM
GST Council to weigh tax cuts on select items
Source: https://www.livemint.com/economy/gst-council-to-weigh-tax-cuts-on-select-items-11688667034370.html
A committee of officers that reviews proposals for tax rate changes, called the fitment committee, has recommended lowering the GST rates on unfried snack pellets to 5% from 18%
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