Rajasthan Housing Board applies GST on RTI applications

Even an RTI (Right to Information) application is taxed in the “people friendly’ Rajasthan. In a rather bizarre move, the Rajasthan Housing Board, a body entrusted with the construction of urban dwellings, has started charging GST on applications under the RTI Act. In a recent application seeking copies of land-related documents, filed under the RTI […]

Implementation of GST is smoother than expected: Arun Jaitley

Arun Jaitley said demonetisation was a conscious effort to change the saving and spending patterns of the Indian society, which was largely cash dependent. Finance Minister Arun Jaitley on Friday said the implementation of the Goods and Services Tax (GST) is going “smoother than expected”. Addressing the 70th annual general meeting of the Indian Banks’ Association in […]

Note ban, GST pull business confidence of CFOs to 1.5-yr low in Q3: Survey

Only 41% CFOs expressed optimism about liquidity position of their firms, lowest since Q2 2014 mid subdued demand after goods and services (GST) implementation and demonetisation woes, the business confidence in India’s chief financial officers (CFOs) touch one-and-a-half-year low in the July-September period, reveals a survey. The Composite CFO Optimism Index for Q3FY17 declined by 11 per cent year-on-year […]

Here’s how to spot a fake GST bill

The transition to the goods and services tax (GST) regime for many shoppers has not been smooth, especially with regards to the bill of a transaction. This is because there have been instances where customers have been given unauthentic or improper bills. Read on to find out how you can identify an authentic bill and […]

Infrastructure growth may be hit by low GST collection

New Delhi: Move over ‘achche din’ it appears bad days are looming large over not only India’s aam aadmi but also for the government, thanks to the goods and services tax (GST) which has now dropped the tax collection significantly. Now the government may be forced to cut spending into key infrastructure such as railways and […]

GST must cover all petroleum products: Pradhan

Union Petroleum Minister Dharmendra Pradhan on Monday reiterated that the Goods and Services Tax (GST) must cover all petroleum products for ‘tax predictability’. On rising fuel prices, Pradhan said: “The GST must cover all petroleum products for ‘tax predictability’. GST council appealing all states.” The government is thinking about bringing fuels prices under the ambit […]