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Solely dedicated to the convenience of the taxpayers, the government has come up with the utility to track the ‘Refund Application Status’ from the GST portal GSTN portal has recently added an option to pre-fill an application form for the tax refund of the tax filed for the taxpayers. Read More. The said utility allows […]
The government denied giving any additional relief to the mobile sector apart from extended due dates in filing the returns. The sector will face a 6% hike in the rates that will add on to the already worsened situation due to the COVID-19 outbreak. The government’s only relief to the mobile manufacturers is an extension […]
Owing to the immense financial loss caused to the tourism sector due to the coronavirus outbreak, Tourism Ministry is now asking the government to eliminate Goods and Service Tax (GST) levy from the sector for the next six months, as declared by the sources. The proposal was made after combined recommendations drawn from several tourism […]
In an notification shared by the Central Board of Indirect Taxes and Customs (CBIC) the government has made it mandatory for all partnership firms, the Karta of Hindu Undivided Family and the other signatories of all types to link and authenticate AADHAAR number for the registration in Goods and Services Tax Get to know the […]
COVID 19 outbreak has done a huge financial loss to hotel businesses such as marriage and banquet bookings, amidst this financial calamity hoteliers have urged the government to postpone the payment of interest on bank loans taken by them as they are unable to pay off their liabilities. Adding on to this cordial demand they […]
In a recent event, a notification has been issued by The CBIC board which stands for the Central Board of Indirect Taxes and Customs. The notification has been issued waiving GST Return 1 for individuals who could not opt for Composition Scheme till March 7th, 2019. The 39th GST Council meeting As per the sources, […]
The traders dealing in the textile business got relief from the hike of Goods and Services Tax. The GST council has decided to put the provision, to increase the rates of tax on specific garments, on hold for some time. The council said that they have decided to keep the GST rate fixed to 5% […]
Finance Minister Nirmala Sitharaman, head of Goods and Services Tax (GST) Council, on Saturday announced that the GST Impact on mobile phones Grab the knowledge of GST (Goods and Services Tax) impact on mobile phone manufacturers in India. The experts’ opinion puts light on the major areas of affect. Read More will be increased from […]
On Saturday, the GST Council asked Infosys to upgrade the IT system of GST by July 30, 2020, and extended the launch date of the e-invoicing system till September 30, 2020. Nandan Nilekani, the non-executive chairman of Infosys, suggested in a presentation that for the ease of roll-out of the new tax system, a progressive […]
