Page 5 - Goods And Service Tax

Union Budget 2020: Fake invoicing under GST a non-bailable offence

Sitharaman announced that the new GST return framework and e-invoicing would be implemented from April 1, to improve compliance and plug the tax revenue leakages

Union Budget 2020: It's time to unclutter tax regime, says expert

The budgetary figures continue to not cover many forms of expenditures

Budget 2020: 15th Finance Commission calls for new legal fiscal framework

Expert panel may be set up to define responsibilities of key stakeholders and standards to be followed at all levels of government

Budget 2020: 15th Finance Commission report pulls no punches on key issues

The 15th FC forecast nominal gross domestic product (GDP) growth for 2020-21 at 11%, but said the projection came with a "downward bias".

Budget 2020 ready reckoner: 10 questions you always wanted to ask

Income tax rates have been slashed, but can be availed only if the taxpayer lets go of most exemptions

A taxing problem

The taxman has too much power in GST

GST arrest provisions: Need for an urgent review

What GST urgently deserves is a re-orientation, for which a leaf out of the 'nudge theory' in behavioural economics may definitely help

One-fifth taxpayers file return on last day despite tech glitches: GSTN

This month's return filing data to date shows that the GSTN return filing system was working within its expected limits

Allcargo acquires nearly 13% stake in Gati in first of three-phased buyout

Several taxpayers complained of technical glitches on filing returns on social media

Govt to set up panel for designing SOP for checking fraudulent GST claims

The committee will come out with detailed SoP within a week, which may be implemented across the country by January-end

Correct these elite distortions

The Indian economy and its workforce deserve freedom from the damaging tyranny of the tiny elites in the next decade

A Budget for expenditure

After the rollout of GST, budgets are not awaited with the same excitement as earlier by India Inc. But Budget 2020 will be different

Best of BS Opinion: Rethinking GST, Citizenship Act protest, and more

Here's a collection of Business Standard Opinion pieces for the day

Don't tinker with GST rates: Amit Mitra to Sitharaman ahead of Council meet

West Bengal finance minister says Council should find ways to help the industry tide over present crisis

'Advance authorisation is different from special advance authorisation'

The Indian company makes payment in foreign currency. Accordingly, does liability of payment of GST on RCM arise?

Why neglect exports?

India's exports are held back more by our inadequate policies than by any stagnation in world trade

Attractive ITC stocks fail to cheer investors due to GST concerns

Expectations of additional tax burden in GST Council meet, competitive intensity may impact volume growth and margin of its mainstay cigarette biz

GST must go back to drawing board; rates need to be simplified: N K Singh

The official said that GST needed to be revenue neutral and that the GST Council needed to move from multiplicity of rates to one standard rate.

States' GST compensation may need to be extended beyond 2022: Report

Serious inconsistencies in data make revenue projection problematic

GST only needs simplification

The truth is that tax collection is never much affected by a complicated tax structure