While the panellists at a conclave on ‘GST and its impact on SMEs’ were in agreement on sticking to a July 1 GST rollout agenda, views varied on its impact on trade. And from the discussions that followed, it was apparent that the participants’ apprehensions were not as much on the GST rate slabs…
Tag: GSTN
Electronic documents for GST to be ready by month-end
GST Network, the company putting in place the technology backbone for goods and services tax (GST), will be ready with revised forms and electronic documents for businesses to upload invoices by the end of the month, senior government officials said. Readiness of GST is at the heart of the launch…
GST: Impact on SMBs, technology services & start-ups
The Lok Sabha has passed the Goods and Services Tax (GST) bill and the rates for goods and services have been determined, clearing the path for the most significant tax reform in post-independence India. While GST has been hailed as a much-needed overhaul of the indirect tax system, many small an…
NSDL e-Gov’s ASP services to ensure GST compliance
NSDL e-Governance Infrastructure Ltd. (NSDL e-Gov) on June 5 announced the launch of its Application Service Provider (ASP) services to help dealers/businesses, chartered accountants (CAs) and tax consultants in filing for the Goods and Services Tax (GST) and complying with the norms of the same.…
There are 160 reasons India won’t escape GST chaos
There can be no gain without pain and that may be especially true when it comes to taxes. As about 160 countries overhauled their indirect tax systems, they confronted numerous challenges. Latecomer India is unlikely to escape some havoc. When Canada implemented its goods and services tax in 1991…
EY launches DigiGST to help businesses comply with GST
New Delhi: In a bid to help out Indian businesses floundering to comply with the Goods and Services Tax (GST), Ernst & Young (EY) has announced the launch of DigiGST – an integrated GSP-ASP (GST Suvidha Provider- Application Service Provider) solution that provides organisations with en…
सरकार ने GST ट्विटर हैंडल किया शुरू, नई टैक्स नीति के बारे में पूछ सकते हैं सवाल
केंद्र सरकार गुड्स एंड सर्विस टैक्स (जीएसटी) को लेकर लोगों की राय मांग रही है। इसके लिए सरकार की तरफ से एक नया ट्विटर हैंडल बनाया गया है। @askGST_GoI नाम से बनाए गए इस ट्विटर हैंडल पर कोई भी जीएसटी को लेकर प्रश्न पूछ सकता है और अपनी शंका जाहिर कर सकता है। सरकार जीएसटी […]
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GST: दिल्ली सरकार का जीएसटी पंजीयन के लिए अभियान
दिल्ली सरकार अगले माह वस्तु एवं सेवा कर (जीएसटी) पंजीयन के लिए विशेष अभियान शुरू करने जा रही है। दिल्ली में अभी भी जीएसटी पंजीयन न कराने वाले कारोबारियों की बड़ी संख्या है। स्थायी खाता संख्या (पैन) बेमेल वाले ज्यादातर कारोबारियों का जीएसटी पंजीयन अटका हुआ है। दिल्ली में जीएसटी पंजीयन पिछले साल 16…
GST: This is how you will file tax returns from July 1
Small businesses are the backbone of Indian economics. They drive the velocity of country’s economics, industrial growth, and catalyst for job creation. However, a large number of businesses in the country are unorganized and irregular in filing returns and paying taxes. This could be due t…
GST: New tax reform to draw Indian businesses into digital economy
New Delhi: India’s biggest tax reform in history is also set to make its small-to-medium businesses more transparent. On 1 July, as India rolls out its landmark national sales tax, businesses that make less than Rs 100 million—which the government refers to as micro, small and medium enterprises—…