GST a milestone in cooperative federalism, says PM Modi in Parliament

GST Launch 2017: A milestone in cooperative federalism, says PM Modi  The much-awaited Goods and Services Tax (GST) was rolled out fro...

GST Explanation

GST is suppose to be implemented in India on 1st July 2017 We all know that both the Central and State governments in India love indire...

What is the impact of GST impact infrastructure sector ?

GST impact on infrastructure sector seems to be a mixed bag—predictability and efficiency are key advantages while higher GST rates and...

One of the world's most complex tax reforms - India's GST

The following are some of the benefits in adopting GST: ease a cumbersome tax system help goods move seamlessly across state bo...

Understanding GST And Its Loopholes

The Goods and Services Tax norms mean turnover and earnings can now be tracked. Faced with the very real prospect of downward economic...

GST relief: Deadline to file returns extended to 28 August for biz with transitional credit

The government on Thursday gave some relief to taxpayers availing of transitional input tax credit under the GST (Goods and Services Ta...

GST impact on economy: Five things to watch out for

Industries across sectors are anxious about the implement and impacts of goods and service tax (GST) system about to kick in on June 30...

GST will boost revenue, positive for India’s credit profile, says Moody’s

The US ratings agency said that over the medium term, GST will contribute to productivity gains and a higher GDP growth by improving the ...

One month of GST: Doing business more complicated than ever

Nationwide goods and services tax (GST) was meant to unify the $2-trillion economy and make it easier for companies to transact across...

Govt asks businesses to register under GST by 30 July

Traders with turnover of less than Rs20 lakh or those engaged exclusively in the supply of exempted goods or services need not register...

Ready or not, India moves for biggest-ever tax reform

Some businessmen in India are so worried about the impending launch of a new sales tax in India that they are thinking of shutting down t...

FAQs on GST - Part 3

This is a continuation of FAQs on GST Part 1 and Part 2 RETURNS 51. What would be done on tax paid on advance receipt if advance...