The council also decided to turn GST Network (GSTN) into a wholly owned government company. New Delhi:- GST Council has simplified the process of filing returns, giving great relief to the businessmen. Businesses now have to file only one GST return in a month. Those people whose turnover is Nil, will have to fill the […]
Ministerial panel meeting decided to roll out a new simplified model for GST return filing system in single-page, according to new system credit could be given on a provisional basis once the supplier uploads the sales invoice.
New Delhi: More Indians are now Income Tax Return Filers nearly 1 crore new filers joining new tax filers joined the system.in 2017-18. The income tax department said during 2017-18 26% surge in income tax returns filed for the year with filing of 6.8 crore income tax returns as against 5.4 crores returns in the […]
NEW DELHI: In a bid to expedite GST refund clearances to the exporter, the CBEC (Central Board of Excise and Customs) today held a meeting with leading industry and exporters to discuss on GST refunds for clearing the pending dues.
The total GST collection will jump Rs 90,000 crore per month, a top official from Central Board of Excise and Customs (CBEC) said.
The World Bank says that India’s GST law is a bit complicated by the tax system of other countries around the world. World Bank has said this in a report.
The GST Council meeting to be held on 10 March, In the meeting traders, are expected to get big discounts in the case of filing tax returns.
GST rules set to be simplified further in Next GST Council Meet Which is held on 27 Feb through Video Conferencing
The 26th meeting of the council, held through a video conference, is expected to take measures that will make compliance easier for small businesses and traders, said the report.