Page 52 - Gst

Telecom industry urges govt to facilitate funding at lower interest rate

Representatives from the industry met telecom ministry officials to communicate their suggestions to help the debt-ridden sector

Ease of living, in a punitive state

Under this government, slogans, memes, catchphrases, alliterative coinages, and clever abbreviations abound. One of them being repeated ad nauseam is ease of living

States face over Rs 1 trillion revenue gap post GST compensation withdrawal

At the time of implementation of the Goods and Services Tax (GST) on July 1, 2017, the Centre had promised to compensate states for loss of revenue for five years at an agreed formula

Finance Ministry ramps up efforts to meet direct tax collection targets

Field officers were asked to make efforts to identify and initiate actions against willful tax evaders or those using fake invoices or e-way Bills

Revenue Secy asks tax officials to put special efforts to check evasion

Direct tax collection target for the current fiscal has been pegged at Rs 13.35 lakh crore despite corporate tax relief of 1.45 lakh crore

Govt's sops for auto sector: Hero reiterates demand of cutting GST

Hero's stance brings to fore the difference between them and rival Bajaj Auto which wants a GST cut closer to BSVI norms kicking in

FinMin to discuss ways with tax commissioners to plug GST leaks on Jan 14

Even as the GST collection crossed Rs 1-trn mark for the 2nd month in a row in December, the receipts were nowhere near Rs 1.10 trn required every month from Dec onwards to meet the target for 2019-20

Mobile handset manufacturers seek GST cut to 12% from 18-28% on accessories

The PCBA is a key component in the mobile manufacturing ecosystem. It sought continuation of BCD on mobile phones at 20 per cent

Revenue Secy to hold meet for streamlining GST refunds, curbing evasion

They will also discuss how to curb the misuse of refunds and share the best practices in revenue augmentation

Top 10 biz headlines: Rs 1 trn GST mop up, surge in new projects, and more

From pharma sector getting 'green' signal to IndiGo fleet size, here are the top 10 business headlines for the day

States' GST mop-up up 16% in December ; UP, Telangana remain laggards

Only Uttar Pradesh and Telangana witnessed a growth rate of less than 14 per cent

UP govt targetting to expand state GST pool from 1.4 mn to 5 mn traders

The tax department officials have been directed to prepare an action plan to increase the number of registered traders

India should maintain fiscal deficit; needs revenue mobilisation: Gopinath

India's consolidated deficit (the Centre and states combined) is the highest among the G20 nations, she added.

Drawback brand rates can be fixed on basis of averages, says expert

As per Para 4.43 of FTP, "Goods imported against Advance Authorisation Scheme, which are found defective or unfit for use, may be re-exported, as per Department of Revenue guidelines

Budget 2020 wish list: Experts demand scrapping of GST on agri-inputs

This is the fourth pre-Budget meeting on agriculture and agro-processing sectors

Budget 2020: NATHEALTH urges govt for zero-rating GST on health services

This saving will be passed on to the end consumers and will lower the cost of care, it added

All rests on policy outcomes

As an investor, stay positive and believe eventually things will turn around

Valuations shoot up despite note ban, GST and other factors in last decade

Massive polarisation as only a few stocks outperform handsomely

India set to cross 100-GW renewable energy capacity mark in 2020

India's installed renewable energy generation capacity touched around 86 Gw by November-end. This includes solar, wind, small hydro, biomass, waste to energy and others

Story of India's economy in the past decade: After a high, a sharp slide

Here are the five people who best represent the story of the Indian economy in the 2010s