DBS Bank India and Tally Solutions have entered into a partnership to launch a first-of-its-kind connected banking platform, to enable convenient GST payments and accounting processes for SMEs. The connected banking solution, available to DBS Bank’s SME customers on the GST-ready version of Tally…
GST News Feed
The involvement of SMBs is the weakest link in the GST chain: FireEye
As cyber-attacks become more and more mainstream and everything from payments to tax filing goes digital, cyber security is no longer just a hypothetical concern. It is real and it is impacting organisations and fast becoming a national security concern, Kaushal Dalal, Managing Director for India…
TCS iON to launch GST Shiksha hub for MSMEs
Hosted on the TCS iON Digital Learning HUB, the GST Shiksha hub will provide content to help MSMEs across India to be GST aware and compliant.
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Crisil SME Tracker: For small fleet operators, time to hit mainstream road
GST will lead to the emergence of key hubs in major locations, leading to increased freight load
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GST on textile job works cut; e-way bill provisions finalised
e-way bill mechanism likely to come into force by October 1; GST-exempted goods kept out of purview of bill
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IndiaFilings to launch desktop based LEDGERS GST Accounting Software
Goods and Service Tax (GST) regime has started in India from 1st July 2017 impacting nearly 1 crore businesses across India. Though GST is a consumption based tax borne by the end-consumers, businesses are tasked with the responsibilities of payment, collection and remittance of GST to the Govern…
Next GST meet to finalise a mechanism to operationalise anti-profiteering clause
New Delhi: The Goods and Services Tax Council will at its next meeting finalise a mechanism to operationalise the anti-profiteering clause which seeks to protect consumers interest, Finance Minister Arun Jaitley told the Lok Sabha on August 1. He said a proper decision would be taken on Air India…
One month of GST: What traders, customers, manufacturers have to say
A month after Goods and Services Tax was rolled out traders, manufacturers and customers are settling into the new tax regime. While eating out has become a little more expensive for the urban middle class, manufacturers are elated over the benefits of Input Tax Credit. With old stocks in invento…
GST regime affects small diamond units in Gujarat
Small diamond units in Gujarat say doing business in the goods and services tax (GST) regime has become difficult due to increased compliance requirements and uncertainty over when they will get input credit refund. The nearly 50,000 small and medium units in Surat and Saurashtra employ close to …
MSMEs look up to Composition Scheme for GST levy; 5 lakh businesses opt for benefits
With the number of businesses registered on GSTN increasing day in and out, the need and followed benefits of opting composition scheme is also catching fire amongst small businesses. As many as 5 lakh businesses have opted for the Goods and Services Tax (GST) Composition Scheme as of July 30, in…