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GST Meet

GST Council Meeting Live Updates: Tax Relief For Different Sectors

Several decisions have been taken in GST council meeting in order to promote tourism,” Nirmala Sitharaman stated at time announcing rate cuts down on hotel bills The GST Council meeting on 27th, Sept announced reduction in tax rates for the hotel industry, taking the entire sector out of the 28% tax rate slab, the highest […]

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PANIndia

How GST to be linked with PAN card?

Importance of Pan Card in GST Registration The Income Tax Department of India makes it compulsory for individuals and business entities to furnish the PAN card details for all those people who have to pay central excise duty and service tax. It is one of the documents that is needed while paying goods and services […]

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MSBL

What is PSBLoanin59 Minutes: The Ultimate Guide

The PSBLoanin59 Minutes is an initiative of the Government of India to facilitate credit for the micro, small and medium enterprises. The borrowers can access the web portal and avail a principal approval for MSME loans up to an amount of one crore within 59 minutes from five public sector banks and SIDBI. It is […]

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32nd GST Council Meet

32nd GST Council meet updates: Returns under composition scheme only once in a year:FM Arun Jaitley

The GST Council  meet relaxed the tax exemption limit to Rs 40 lakh from the earlier cap of Rs 20 lakh during its 32nd meeting on today. GST Council Meet key Updates:- A committee has been set up to consider real estate GST rates, a consensus is yet to be achieved, says FM Arun Jaitley.  The […]

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Form GSTR-11

All About Form GSTR-11

What is Form GSTR-11? Form GSTR-11 is the return form to be prepared by the individuals who have been issued a Unique Identity Number (UIN), in order to obtain refunds under GST, for all the goods and services purchased by them in India.

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No deadline extension to file GST returns for ITC

No deadline extension to file GST returns for ITC

NEW DELHI: The due date for filing of return for availing input tax credit for financial year 2017-18 is Saturday as the government has turned down corporate India’s plea for an extension. The finance ministry, however, clarified that filing of details by suppliers and the facility to view it did not impact taxpayers’ ability to […]

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Pranab

Impasse over GST can’t be resolved politically: Pranab Mukherjee

NEW DELHI: Former President Pranab Mukherjee Friday said  that the impasse over the Goods and Services Tax (GST) cannot be resolved politically and the supreme court will have to be involved at some key points. Delivering the 16th V K Krishna Menon Memorial Lecture on the topic ‘Sovereignty, International Law and Diplomacy’ here, Mukherjee replied […]

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gst council meeting

30th GST Council Meeting key-points

30th GST council meeting today, Cigarettes may take on disaster relief CAS

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aviation turbine fuel, natural gas under the GST

GST Council may bring aviation turbine fuel, natural gas under the GST at next meeting

The GST Council is likely to bring in two petroleum products – aviation turbine fuel, natural gas under the GST at its next meeting, a senior government official told .

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GST Free Banking Services

GST Free Banking Services and No GST For International Passengers-FM

The department clearifies that keeping GST free banking services like ATM withdrawals and cheque book issuance outside the ambit of GST has put to rest the confusion prevailing over the issue.

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