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In a trial run by GSTN (Goods and Services Tax Network), it is noticed down that around 2 lakh GST e-way bills daily generated as suggested by GSTN CEO in a report.
The PM Narendra Modi has said that the upcoming union budget will not be the populist one and revealed that it is just a mere misconception that common man wants some freebies and sops.
In a recent survey, it is found that the taxpayers have bypassed each and every strict tax vigilance until now as the taxpayers and businessman have been implementing their own ways to evade the taxes.
In a recent controversy towards the faults and glitches of the GSTN portal, the Gujarat Sales Tax Bar Association (GSTBA) has warned the government authorities for an indefinite strike against the GSTN portal which is not working properly from a long time.
The Gujarat Income Tax department is quite happy with the government move to wipe out black money and bring more people under the GST ambit by Demonetization and GST initiatives.
According to the recent data from the Centre for Monitoring Indian Economy (CMIE) has shown the biggest declines in the home loan growth.
What can be more peaceful before Gujarat assembly elections, where the Union Finance Minister Arun Jaitley has ensured the Gujarat’s textile community to solve problems faced by taxpayers in Goods and Services Tax(GST) filing procedure.
Approximately 4.3 million Traders have furnished an initial set of GST returns for October and the record marks the highest monthly return furnishing limit by the last date of the GST implementation.
Goods and services tax has been proving a mixed concentration for the Indian business industries as from the time of implementation, its effects are widely known to be a combination of both good and bad.
