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Confederation of Indian Industry (CII) expressed its concerns regarding the Economic growth and laid emphasis on a settled GST. CII explained thoroughly that a settled GST would result in the improvement of Creditability and also in capacity expansion by an increment in infrastructure investment and these are amongst the seven key drivers that would help the Indian Economy grow by 7.5% next year.
The recently made president of Confederation of Indian Industry (CII) Rakesh Bharti Mittal came against the multiple numbers of tax slabs of GST and asked for rather rationalised tax slab structure.
To load off the GSTN glitches in return filing and pending issues, the Confederation Of Indian Industry (CII) urged the government for some revisions in return filing due dates and regulations.
Various bodies of the Indian community have been active since the GST is about to spell its cast over the taxation structure of the nation. Many of the government organization and private institutes are hovering on the concerned people to educate them on this matter of GST. Now in this same direction, Confederation of Indian Industries (CII) has come up with an event to shower the necessary information on GST.
The Federation of Telangana Chambers of Commerce and Industry (FTCCI) has outlined the importance of bringing petrol and diesel under GST while hailing the Goods and Services Tax (GST) rate rationalisation as a landmark step for a simpler and more inclusive tax regime. FTCCI leaders, led by its president R.Ravi Kumar, while asking for a […]
The Water Quality India Association (WQIA) has requested that the central government lower the GST rate on water purifiers, filters, and related services from 18% to 5%. They argue that the current high taxes make these essential items too expensive for many people and emphasise that making safe drinking water more affordable is important for […]
To increase consumption the majority of Indian industry believes in relief on income taxes and rationalization of goods and services tax (GST) directing to a rise in disposable income as the effective way. MC-Deloitte CEO Survey was conducted between January 10 and January 22 across financial services, consumer goods, technology, and energy sectors survey was […]
For the upcoming budget, 2025, Prime Minister Narendra Modi convened a consultation with prominent economists to discuss key economic strategies. The main motto of the meeting was centred around crucial topics such as lowering income tax slab rates, streamlining customs tariffs, and introducing initiatives to boost exports. Sources from the Bureau revealed that the Prime […]
With the majority of initial challenges, such as online portal glitches, invoice matching issues, and delays in refunds, largely addressed and monthly revenue consistently exceeding Rs 1.6 lakh crore, experts suggest that the government is poised to advance the second-generation reforms in the GST. In the upcoming interim budget presentation on February 1, Finance Minister […]
