Finance - general
Modi’s economy booster may come in GST rate cuts on 60 items
06 Oct 2017
Reports quoting finance ministry officials said the government has identified many items in the 28 per cent and 18 per cent GST brackets that would be brought down to 18 per cent and 12 per cent, respectively
GST return filings fall as registrations rise in August
25 Sep 2017
About 3.5 million of the 6.77 million registered tax payers have so far managed to pay tax and file return in August against the 3.6 million out of the 4.56 million eligible taxpayers who paid GST in July
Taxpayers claim Rs65,000-cr of Rs95,000-cr GST paid as input tax credit
16 Sep 2017
The Central Board of Excise and Customs has now asked tax officials to verify GST transitional credit claims of over Rs1 crore made by 162 entities
British MPs accuse Amazon, eBay of abetting online tax fraud
14 Sep 2017
According to HM Revenue and Customs’ estimates, taxpayers must have lost £1.5 billion from overseas sellers illegally selling goods into the UK without paying VAT
JNU, DU among hit as govt clamps down on FCRA violations
14 Sep 2017
Registration of these institutions under the Foreign Contribution Regulation Act has been cancelled in view of their failure to file annual returns for five consecutive years
SUV prices to zoom; GST council lowers rates on 40 daily use items
11 Sep 2017
With the higher cess on SUVs and luxury cars, the overall GST on them is now 50 per cent while the cess on midsized cars and smaller vehicles has taken the total GST impact on them to 45 per cent and 47 per cent respectively
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