सरकार ने आयकर रिटर्न फ़ाइल करने के लिए पैन नंबर, आधार कार्ड से जुड़ा हो इस नियम को अनिवार्य कर दिया है। इस साल के बजट में भी सरकार ने आधार को पैन से जोड़ना आवश्यक बताया था। सरकार लम्बे समय से इस पर काम कर रही है। अब आयकर विभाग ने पैन नंबर को […]
…
Tag: tax
‘GST’s trial by fire will only make small manufacturers more competitive & efficient’
The goods and services tax (GST) is slated for rollout in less than two months and voices are coming forward on the possible negative impact on small manufacturers. We have heard these stories earlier – when the country did away with quantitative restrictions on imports in 2001 and when it opened…
Afraid of GST, retailers are limiting their purchases
Afraid of possible losses after the July implementation of goods and services tax (GST), many small retailers and wholesalers have limited the quantity of products they buy from consumer goods companies. The fear is a result of the worry that once GST gets implemented, it would apply on the goods…
अब उत्पादों के श्रेणीकरण पर चल रही है जीएसटी की बहस
पैराशूट बालों में लगाने वाला तेल है या खाने वाला? किटकैट चॉकलेट है या बिस्किट? विक्स टैबलट दवाई है या मिठाई? ये सब तय करने की कवायद टैक्स देने वालों और टैक्स वसूलने वालों के लिए शब्दों का हेरफेर भर नहीं, बल्कि अरबों रुपये का मामला है। क्योंकि जीएसटी सिस्टम में उत्पादों पर उनकी श्रेणी […]
SMBs not ready for GST, delay roll out till September: CAIT
Traders association Confederation of All India Traders (CAIT) made a case for delaying the roll out of Goods and Services Tax (GST) regime to September 1 as small businesses are not yet prepared for it. Nearly 70% of small businesses in the country are yet to adopt digital technology in their bus…
GST लागू होने से भारत की आर्थिक वृद्धि दर 8% से अधिक हो सकती है: IMF
अंतरराष्ट्रीय मुद्राकोष (आईएमएफ) ने कहा है कि भारत में वस्तु एवं सेवा कर (जीएसटी) लागू होने से उसकी जीडीपी वृद्धि मध्यम अवधि में 8 प्रतिशत से अधिक हो सकती है। साथ ही वस्तुओं एवं सेवाओं की आवाजाही बेहतर तरीके से करने के लिये एकल राष्ट्रीय बाजार सृजित करने में मदद मिलेगी। लेकिन आईएमएफ ने जीएसटी [&h…
Banks extend help to start-ups in need of credit
Mumbai: Private sector lenders HDFC Bank, Axis, IDFC, Kotak Mahindra and Yes Bank have started extending short term credit to meet working capital needs for Ola, Power2SME, Flipkart, OYO, Zinka, Capital Float, investment banker-turned-entrepreneur Fulguni Nayar-owned Nykaa and many others, throwi…
Start-ups, FDI to be exempt from new tax on unlisted firms
Allaying investor fears over levy of long-term capital gains tax on share transfer in unlisted companies, the government on February 3 said the move is only to target ‘khoka’ companies and ‘genuine investments’ in startups and through FDI will be exempt. Revenue Secretary …
Post-demonetisation, budget to offer tax cuts for SMEs
With the impact of demonetisation on the Small & Medium Enterprises (SMEs), Finance Minister is likely to provide tax cuts to boost the SMEs businesses that have faced the hardships in the past few months. This year budget would likely be announced on Feb 01, 2017 and the government has time …
Lesson from Demonetisation: Getting into new tax regime without tech preparedness might be counterproductive for GST
The large-scale withdrawal of currency notes from circulation in India has implications for the impending GST to be adopted by the country. There are concerns over whether the expected contraction in economic activity following demonetisation will impact state revenues adversely. As the Finance M…