GST Council to meet tomorrow; discuss roll out of e-way bill

NEW DELHI: The all-powerful GST Council will meet tomorrow to discuss the early implementation of the e-way bill as well as ways to plug tax evasion. Headed by Finance Minister Arun Jaitley, the meeting will be held via video conferencing and deliberate on cementing gaps in the system as well as curbing evasion, sources said. […]

PM has met two of my demands on GSTN, says Swamy

“Two of my demands were met by the Prime Minister. One, to permit Comptroller and Auditor General of India (CAG) to audit Goods and Services Tax Network (GSTN) and two, to ask Ministry of Home Affairs to investigate GSTN for national security compliance,” he told. GSTN, a not-for-profit private limited company, is providing the technology […]

GST rate cut: 15,000 cases of MRP violations booked across India

New Delhi: Aimed at providing transparency, the Legal metrology has booked over 15,000 cases of MRP violations across India, with restaurants figuring among the top violators, according to a Times of India report. This comes almost after a month the Goods and Services Tax (GST) council slashed rates on 212 items. However, even after slashing GST rates, the entire benefit […]

Telecom sector in India: Levies imposed need GST like template

The telecom service sector in India is well-accepted to be a success story and as a flag-bearer of reforms and liberalisation, having delivered huge benefits to consumers in terms of technology, choice and affordability. The telecom service sector in India is well-accepted to be a success story and as a flag-bearer of reforms and liberalisation, […]

GST: Work in progress so far

It’s almost six months since the rollout of the India’s most ambitious tax reform – the Goods and Services Tax (GST). An indirect form of tax, in theory it is meant to simplify things and bring down prices of goods and services by doing away with the existing plethora of taxes. It is also expected […]