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Deceleration & Descent of various sectors have been a matter of concern for Prime Minister and Finance Minister of the nation and so they have been pressing pedals to revamp the economic scenario which can give wings to soar to all the sectors. The Finance Minister and the officials of Prime Minister have been meeting […]
On 24th Feb 2019 GST council in its 33rd meeting, Council mulled over the proposals to cut GST rates on real estate. Once the proposals are cleared, buying an under-construction apartment will become cheaper.
The Confederations of All India Traders ((CAIT) head of organization traders wrote a letter to the Union Finance Minister Arun Jaitley wherein the traders have demanded the three GST slab rates instead of levying GST at five different slab rates.
The 31st GST council meeting held on 22nd December 2018 has taken some key decisions over the GST return forms and highest GST slab rate. The items coming under the 28% GST slab rate basically includes the common man’s items which were earlier in the news for a rate reduction.
Just Before 31st GST Council Meeting which is set to be scheduled on December 22, 2018, Aam Aadmi Party (AAP) has written a letter to the Arun Jaitley, Finance Ministry of India and chairman of GST Council to give some suggestion on the GST.
In a tackling situation for the members of the Jalandhar-based rubber goods industry, they are thinking of approaching the GST (Goods and Services Tax) council as they are not getting a GST refund.
The Institute of Chartered Accountants of India (ICAI) forms an indirect tax committee which is also responsible for any valuable suggestion for any changes or introduction of forms in the GST act.
While speaking at the Global Cruise Conclave on Thursday in Mumbai, Union Minister for Transport and Shipping Nitin Gadkari assured that the matter to reduce GST rate on cruise tourism will be discussed in the upcoming GST Council meeting.
The much-awaited Goods and Services Tax Appellate Tribunal (GST-AT) has been given approval from the GST Council. The GST-AT will be set up in the form of a higher judicial forum which is going to look into the redressal disputes of businesses under the new Goods and Services Tax regime.
