Page 33 - Gst

FinMin to discuss ways with tax commissioners to plug GST leaks on Jan 14

Even as the GST collection crossed Rs 1-trn mark for the 2nd month in a row in December, the receipts were nowhere near Rs 1.10 trn required every month from Dec onwards to meet the target for 2019-20

Mobile handset manufacturers seek GST cut to 12% from 18-28% on accessories

The PCBA is a key component in the mobile manufacturing ecosystem. It sought continuation of BCD on mobile phones at 20 per cent

Revenue Secy to hold meet for streamlining GST refunds, curbing evasion

They will also discuss how to curb the misuse of refunds and share the best practices in revenue augmentation

Top 10 biz headlines: Rs 1 trn GST mop up, surge in new projects, and more

From pharma sector getting 'green' signal to IndiGo fleet size, here are the top 10 business headlines for the day

States' GST mop-up up 16% in December ; UP, Telangana remain laggards

Only Uttar Pradesh and Telangana witnessed a growth rate of less than 14 per cent

UP govt targetting to expand state GST pool from 1.4 mn to 5 mn traders

The tax department officials have been directed to prepare an action plan to increase the number of registered traders

India should maintain fiscal deficit; needs revenue mobilisation: Gopinath

India's consolidated deficit (the Centre and states combined) is the highest among the G20 nations, she added.

Drawback brand rates can be fixed on basis of averages, says expert

As per Para 4.43 of FTP, "Goods imported against Advance Authorisation Scheme, which are found defective or unfit for use, may be re-exported, as per Department of Revenue guidelines

Budget 2020 wish list: Experts demand scrapping of GST on agri-inputs

This is the fourth pre-Budget meeting on agriculture and agro-processing sectors

Budget 2020: NATHEALTH urges govt for zero-rating GST on health services

This saving will be passed on to the end consumers and will lower the cost of care, it added

All rests on policy outcomes

As an investor, stay positive and believe eventually things will turn around

Valuations shoot up despite note ban, GST and other factors in last decade

Massive polarisation as only a few stocks outperform handsomely

India set to cross 100-GW renewable energy capacity mark in 2020

India's installed renewable energy generation capacity touched around 86 Gw by November-end. This includes solar, wind, small hydro, biomass, waste to energy and others

Story of India's economy in the past decade: After a high, a sharp slide

Here are the five people who best represent the story of the Indian economy in the 2010s

Letter to BS: IMF suggestions, not protectionism, will push $5-trn dream

This is a wider national cause and any buoyancy in the collections will benefit both the Centre and the states

Zoomcar prepares to be electric vehicle-driven by 2025, plans expansion

The company, which rents cars by the hour, day, week and month, has Mahindra E2O Plus and Tata E Tigor available on the platform for which it charges a subscription fee of Rs 15,000-20,000 per month

Those not filing GST returns may face attachment of property, bank accounts

The GST commissioner may resort to provisional attachment under the section 83 of the Central GST Act

FinMin asks GST Council to form grievance redressal mechanism for taxpayers

The proposal in this regard was approved last week by the GST Council

Ahead of GST meet, FICCI body calls for retaining rates on tobacco products

Currently, GST rate on these products are 28 per cent while cess varies between 61 to 204 per cent

GST fraud worth Rs 900 crore busted, three sent to judicial custody in TN

The kingpin and two of his accomplices were arrested and produced before a court which remanded him in judicial custody and further probe is on, the official said