Reports indicate the group held talks to buy controlling stake as government looks to divest the beleaguered airline
Express logistics players says that the extra aperwork and processes is contrary to the spirit of the tax reform and threatens the industry's survival.
Policies like farm loan waivers are impacting asset quality of the agricultural sector and is also expected to affect state finances adversely, says a report.
While Kerala and West Bengal have issued an ordinance to approve the SGST Act, all other states and UTs have passed it in their respective legislative assemblies.
Private healthcare sector can absorb up to two per cent rise in cost due to goods and services tax (GST) but anything above that may be passed on to patients, said Prathap Reddy, founder chairman of A
As many as 18 sections relating to registration of current central excise, service tax and VAT payers with the GST-Network (GSTN) as well as transitional provisions were notified today.
E-commerce giant Amazon has tied up with ClearTax to help sellers on their platform make a seamless transition to the GST regime and help them file their tax returns with ease.
Infrastructure and transportation like road and railway sectors should be exempted from GST, as projects in this segment witness long gestation period and negative returns, Assocham said.
Finance Minister Arun Jaitley today said GST rollout will not be impacted by any delay in security clearance to GST Network, the IT backbone provider for the new indirect tax system.
Finance Minister Arun Jaitley today ruled out any waiver of farm loans and said the Centre will adhere to fiscal targets.
All Lok Sabha and Rajya Sabha Members of Parliament have been invited for the event as also chief ministers and state finance ministers, Jaitley said.
The decision to consider a Goods and Service Tax (GST) revision for the decentralized garment segment, three months after the rollout on July 1, would paralyze the synthetic spinning sector leading to
The 15-digit provisional ID would work as the Goods and Services Taxpayer Identification Number (GSTIN) for the first initial few months, Revenue Secretary Hasmukh Adhia said.
After 26-years of debate over its potential merit and shortcomings, India is scheduled to combine more than a dozen levies into ‘one nation, one tax’ on July 1.
Assocham said existing assessees have not yet migrated to the GSTN portal due to reasons like non-familiarity with IT tools as well as registration process. It cited server maintenance issues too.