In a bid to provide relief to small businesses amid the coronavirus pandemic, the GST Council on Friday decided to halve the interest rate on late filing of GSTR-3B retur..
Faced with a sharp decline in GST collections due to the lockdown and disruptions in economic activities across the country, the Central government may look at paying GST..
The GST Council on Friday decided to reduce the late fee on the filing of GSTR-3B returns for the period between July 2017 and January 2020.
The late fee has bee..
Payment of professional fees and remuneration to directors of companies will now come under the purview of goods and service tax (GST) as government looks to plug the loo..
GST paid on invoices which have become bad debts must be paid back, Domestic Air Cargo Agents Association of India (DACAAI) said on Tuesday.
At present, under the GST ..
In a major move towards taxpayer facilitation, the government on Monday allowed filing of NIL GST monthly return in FORM GSTR-3B through SMS.
This would substant..
In a bid to provide further relief to states amid the coronavirus outbreak, the finance ministry has released Rs 36,400 crore to states as compensation for their revenue ..
In what may bring further relief to businesses impacted by Covid-19 pandemic, the GST Council has agreed to discuss the issue of late fee over delayed filing of returns a..
The GST Council is unlikely to make major changes in the indirect tax structure at its next meeting slated mid June.
A top government source said that the Centre is no..
Two out of three micro, small and medium enterprises (MSMEs) are well-placed to surge through the lockdown while 30 per cent are very strongly positioned, according to Tr..
Covid 19 will accelerate a second wave of consolidation in India Inc and the big will get bigger as the unorganised players have been losing market share since demonetisa..
The Finance Ministry has ruled out GST waiver or deference to businesses as part of the economic relief package to help them cope with the situation arising in the wake o..
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