GST

Rs 10,000 festival advance to employees: Check Modi govt's major festive bonanza

The special festival advance of Rs 10,000 has been announced for all gazetted and non gazetted officers. 

Oct 12, 2020, 18:15 PM IST

Modi govt's big festive gift: LTC cash voucher scheme, Rs 10,000 advance for central govt employees

The Finance Minister said that the Centre will launch `LTC Cash Voucher Scheme` and `Special Festival Advance Scheme`. 

Oct 12, 2020, 14:07 PM IST

Modi govt's big boost to economy: Rs 12,000 crore interest-free 50-year loan to states for capital projects

The loan will have to be spent entirely on new or ongoing capital projects, she said adding that states can settle bills of contractors and suppliers but all the amount has to be paid before March 31, 2021.

Oct 12, 2020, 13:57 PM IST

GST Council to discuss compensation cess on Monday

As the GST compensation cess issue still remains unresolved with around 10 opposition-ruled states and Union Territories not agreeing with the Centre`s borrowing proposals, the GST Council, consisting of all state Finance Ministers and headed by the Union Finance Minister, will meet on Monday to discuss and try to reach to a consensus on the matter.

Oct 11, 2020, 19:43 PM IST

Stormy GST Council meet today – Here’s what to expect

In the current fiscal, the states are staring at a staggering Rs 2.35 lakh crore Goods and Services Tax (GST) revenue shortfall.

Oct 05, 2020, 14:13 PM IST

GST Council to meet on Monday, non-BJP states likely to oppose Centre's borrowing option

The GST Council meeting on Monday may turn into a stormy affair, with non-BJP ruled states still being in disagreement with the Centre on the compensation issue.

Oct 04, 2020, 16:44 PM IST

GST collections at Rs 95,480 crore in September; touch highest level so far this fiscal

The revenues for the month are 4% higher than the GST revenues in the same month last year.

Oct 01, 2020, 17:49 PM IST

GST annual return filing deadline for FY19 extended till October 31

In May, the government had extended thel ast date for filing annual GST return for 2018-19 by three months till September 2020.

Sep 30, 2020, 15:24 PM IST

ONLINE LEGAL INDIA, Is a Brainchild to Support Startups & Corporates

Online Legal India is the most trusted brand which has received moreover thousand of positive client reviews at Trustpilot in just last 300 days.

Sep 11, 2020, 14:56 PM IST

Telangana Cabinet to discuss GST and FRBM Bills in Monsoon session

The Telangana Cabinet on Monday approved several bills, which be taken up for discussion at the Monsoon session of the State Legislative Assembly. The meeting approved a number of bills to be taken up including the GST and Fiscal Responsibility and Budget Management -2020 (FRBM) Bills.

Sep 08, 2020, 08:00 AM IST

Economic Advisory Council of 15th Finance Commission to meet on Friday; discuss GDP, GST

India's Annual Gross Domestic Product (GDP) for April-June 2020 slowed down to 23.9 percent.

Sep 03, 2020, 16:08 PM IST

GST revenue collection for August stands at Rs 86,449 crore: Finance Ministry

The gross GST revenue collected in August 2019 stood at Rs 98,202 crore.

Sep 01, 2020, 20:44 PM IST

41st GST Council meet today: Here’s what is expected

MoS for Finance Anurag Thakur, Finance Ministers of States and UT will attend the meeting.

Aug 27, 2020, 10:36 AM IST

Opposition ruled states should collectively approach Supreme Court for deferring NEET, JEE Main exams: CM Mamata Banerjee

Mamata Banerjee said, "The exams are in September. Why should the lives of students be put at risk? We have written to the PM, but there has been no response." 

Aug 26, 2020, 21:08 PM IST

Delayed GST payment: Interest to be charged on net tax liability from September 1

The industry had earlier this year raised concern over the directive of recovery of about Rs 46,000 crore of unpaid interest on delayed GST payment. The interest was charged on gross tax liability.

Aug 26, 2020, 17:07 PM IST

Sonia Gandhi-led Opposition puts up united front against Centre, calls for postponing NEET, JEE

Interim Congress president Sonia Gandhi on Wednesday (August 26, 2020) lashed out at the Centre and said that students' problems and the NEET and JEE examination issue has been dealt with uncaringly by Narendra Modi regime.

Aug 26, 2020, 16:04 PM IST

Sonia Gandhi calls crucial meeting with Congress CMs, Mamata and Uddhav over GST, NEET and JEE

Interim Congress president Sonia Gandhi will speak to the Chief Ministers of the Congress-ruled states and also the Chief Ministers of West Bengal Mamata Banerjee and Maharashtra Uddhav Thackeray on Wednesday to discuss the pending Goods and Services Tax (GST) share, and the NEET and JEE examination issue.

Aug 26, 2020, 14:53 PM IST

GST registration through Aadhaar authentication: How to apply and important points to note while opting

For a person opting for Aadhaar authentication for new GST registration would get it within just three working days.

Aug 24, 2020, 14:14 PM IST

GST reduced tax rates, businesses with annual turnover of up to Rs 40 lakh are now GST exempt: Finance Ministry

The Finance Ministry tweeted that GST has reduced the rate at which people have to pay tax and helped increase compliance and doubled taxpayer base to 1.24 crore.

Aug 24, 2020, 12:19 PM IST

GST collections stand at Rs 87,422 crore in July 2020 as against Rs 1,02,082 crore in July 2019

The government has also settled Rs 23,320 crore to CGST and Rs 18,838 crore to SGST from IGST as regular settlement.

Aug 02, 2020, 00:20 AM IST