New Delhi: If 260 per cent post-listing return by Radhakishan Damani-led Avenue Supermarts (D-Mart) and 220 per cent return by Shankra Buildcon have made investors richer, there is no dearth of SME listings that have proved multibaggers for investors within a short time. Data show…
Tag: GST
Trade assessees seek more time to file GST returns
Suppliers of goods and services seem to be in a fix over filing the GSTR 1 return for July 2017. With just two days left for filing of the said return, the assessees, after encountering various problems in uploading of details, have now sought extension of time by a fortnight to enable them compl…
‘Bengal saw highest number of GST registrations in India’
At 77 per cent, West Bengal topped the list of states with new registrations under the Goods and Services Tax regime, an official said on September 8. “The national average is 23 per cent,” Arvind Singh, the new Principal Commissioner, GST and CX, Eastern…
Now, Govt eyes 56-years-old ‘Direct Tax Law’, FinMin in process of setting up a task force
New Delhi: After indirect taxes, the government has now set its sights on overhauling the 56-year-old direct taxes law covering income and corporation tax as it seeks to make the Indian regime more contemporary and tailor it to current requirements. Senior government officials told that the finan…
Businessmen talk positive in public, but not putting their money on ground, says Rajan
Rajan, former RBI governor, on September 7 identified a pick-up in private investment as an important requirement to improve health of the economy Speaking at the launch of his book, he said more than positive statements about the economy that Indian entrepreneurs make, what matters is …
Airtel launches solution for GST filing
New Delhi: Airtel Business, the enterprise arm of Bharti Airtel has rolled out a solution aimed to help small and medium scale entrepreneurs file their goods and services tax (GST) returns. Called Airtel GST Advantage, its features include a help desk to attend customer querie…
GST: Govt exhorts businesses not to wait till last day to file returns
New Delhi: The government on September 6 exhorted businesses not to wait till the last day to file GST returns, saying just over half of registered taxpayers have so far paid taxes and 11 lakh have not yet completed even registration. Revenue Secretary Hasmukh Adhia said the g…
EEPC India urges govt to release at least 90% GST refunds to small exporters
GST return filing date extension granted by govt ironically implies a fund blockage for hard pressed small and medium exporters
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Crisil lowers GDP forecast to 7% in FY18 on GST hiccups
Mumbai: Domestic rating agency Crisil today lowered its growth forecast to 7 per cent for fiscal 2018, down from 7.4 per cent earlier, as it sees disruptions arising from the implementation of the new uniform tax regimeto continue to impact the economy for a few more quarters. …
Don’t collect & don’t pay GST: Textile workers to launch ‘tax denial satyagraha’
Bengaluru: Come September 7, artisans from unorganized sectors will band together to fight the Goods and Services Tax (GST) regime under which handmade products, including textiles, have been taxed. Led by the Bengaluru-based Graama Seva Sangha, artisans and textile workers will launch …