“It appears to us that there is some amount of normalcy because destocking had happened on the manufacturer side but now restocking has started”
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Tag: tax
Small firms with poor financials in vulnerable position: RBI report
Bolstering funding sources for liquidity-starved small units important to arrest next NPA wave
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GST Impact: SMEs still working hard to sort out teething troubles
Large percentage of businesses not in position to comply with GST ahead of Aug 20 deadline for filing self-assessed returns, says GSTN Chairman
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GST impact: Here’s how Govt is easing compliance burden of small biz
Intimating and cancelling provisional migration under GST gets timeline extension; Revenue Secretary Hasmukh Adhia informs small businesses about extension through tweets
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GST to benefit small traders & accelerate goods transportation: PM
While informing the Members of Parliament about the benefits of GST, the Prime Minister said the regime will accelerate the transportation of goods and be of advantage to small traders.
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GST will not lead to rise in inflation, will benefit small biz: Hasmukh Adhia
The government on July 1 swayed concerns that the Goods and Services Tax (GST) would lead to higher inflation if businesses do not pass on the benefits to consumers saying that the competition itself will take care of any disparity in prices. Speaking at ‘GST Doosri Azadi’, a conclave on GST…
‘Leg-up for SMEs as GST ends tax arbitrage’
The rollout of goods and services tax (GST) is expected to level the playing field for small and medium enterprises (SMEs) by reducing the tax arbitrage. True, at least in the immediate term, compliance costs will shoot up as GST requires registration and filing of returns in multiple states. Als…
‘GST Enforcement: A burden for the present, a positive step for the future’
The goods and service tax (GST) is finally slated to be rolled out on July 1, 2017. And the journey so far has been anything, but easy. The fact that the proposed date of implementation for the tax has been shifted several times (from April, 2010 to April,2013 to April 2016 to now finally to [&he…
GST: An idea whose time has come!
We are now just days away from the rollout of the goods and services tax (GST) on July 1 — the most ambitious indirect tax reform ever attempted in modern India. Yes, the design is far from perfect (given the multiplicity of rates), yet it is a visionary idea on which, amazingly, there is politic…
GST implementation won’t trigger price rise, says Nirmala Sitharaman
Allaying apprehensions that GST (Goods and Services Tax), to be rolled out from July 1, will cause negative growth and confusion, Union Minister of State for Commerce and Industries Nirmala Sitharaman said the GST will not trigger a price rise. In fact, it will bring down the prices besides accru…