Page 40 - Gst

Realtors seek cheaper loans and uniform GST norms to revive sector

Developers are hoping this week's announcement will bring some relief

A first step to revival

Measures by FM welcome, but more would be needed

Why India's labourers can't afford to buy a packet of biscuits for Rs 5

Trouble is, the distribution of the Indian economic pie is more lopsided than the aggregate numbers suggest

300 fresh pharma unit applications up for approval in Gujarat: FDCA

As per the state FDCA commissioner, the state has benefited from the introduction of GST

Mini Budget: FPI surcharge rolled back; no angel tax for start-ups

PSBs get Rs 70,000 crore; home, auto loans to become cheaper

MSMEs to get pending GST refunds within 30 days: Nirmala Sitharaman

Banks will also have to return all documents within 15 days of a loan closure, helping borrowers whose mortgaged assets are tied up

All pending GST refunds to MSMEs will be made in 30 days: FM Sitharaman

Also, in future, all GST refunds of micro, small and medium enterprises (MSMEs) will be paid within 60 days from the date of application, the FM announced

Analysts expect FPI selling to reverse; see a market rally on Monday

In a post-market hours press briefing today evening, Finance Minister Nirmala Sitharaman withdrew the enhanced surcharge on long and short-term capital gains

Big relief for market as govt withdraws FPI surcharge: 15 key announcements

Govt to infuse upfront Rs 70,000 crore into public sector banks to enable release of Rs 5 trillion liquidity in the market

UP govt to crack down on tax evasion, eyes over Rs 1.4-trn revenue in FY20

CM Adityanath also exhorted the excise department to pull up its socks for posting higher excise revenue in the current financial year

Top 10 business headlines: Aramco's RIL stake buy, angel tax relief & more

From Anil Agarwal pulling out of race for acquiring grounded Jet Airways to poorer states scoring big in GST mop-up, here are the top business headlines on Tuesday

No duty or tax payable by EOUs on re-export of goods imported free of duty

The merchant exporter can take credit of the GST that you charge and claim a refund of the same under Rule 89 (4B) of the CGST Rules, 2017

TV panel sales dip; manufacturers ask govt to lower GST, scrap import duty

The panel makers further said the exit of India from ICC World Cup also led to a decline in panel sales

Taxmann.com releases tool to find GST rate applicable on different dates

The GST regime has 7 rates for goods and 5 for services

Auto industry unanimous on its demand for GST cut to 18%, says SIAM

SIAM said Hero MotoCorp Chairman Pawan Munjal had also emphasised on this point on immediate GST reduction at the meeting with finance minister Nirmala Sitharaman

Letter to BS: Reason for under performance of revenues is not evasion

The real reason for under performance is slowdown in the economy and fixing the target too high keeping fiscal deficit in view

Revenue department to brief PMO on Rs 1.67-trillion tax shortfall

Despite a cut in the income tax collection target in the full Budget compared to the interim Budget projections, the target is far from realistic

The big GST question

GST is clearly underperforming - so what should the govt do now?

EV makers welcome GST rate reduction, seek similar cut for spare batteries

It also slashed the Goods and Services Tax (GST) on EV chargers from 18% to 5%

Hyundai Kona prices reduced by Rs 1.58 lakh after GST revision for EVs

The reduced Kona Electric price is effective from August 1, 2019