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2 mins read
REIT-like structures, loans against GST filings can help solve MSME fundraising problems: Assocham
The micro, small and medium enterprises (MSME) sector has played a meaningful role in India’s growt…
5 mins read
GST had its hits and misses but made ₹1.3 lakh crore monthly tax, the new normal
Under GST, a four-rate structure that exempts or imposes a low rate of tax of 5 per cent on essenti…
PTI
2 mins read
Centre releases ₹17,000 cr as GST compensation to States/UTs
Goods and Services Tax was introduced in the country with effect from July 1, 2017 and states were …
ANI
2 mins read
As curd, paneer and wheat flour turn 5% costlier, retailers worried about 'old stock'
With curd, paneer, unbranded pre-packaged food items like wheat flour and others coming under the G…
3 mins read
Digitalisation, credit growth, government policies to drive MSME growth, say experts
The report also shared a survey finding (published in June 2021) conducted by Bluehost, a web ho…
2 mins read
Both GST and Excise duty can be imposed on tobacco: Karnataka HC
"The levy of excise duty on tobacco and tobacco products is a matter of public policy and this…
PTI
2 mins read
Scamsters who cracked PAN details of 95 celebs for fake credit cards, busted
Five cyber criminals have been arrested for procuring the PAN Card details of 95 prominent celebrit…
3 mins read
Indian government collected ₹1.30 lakh crore in GST
The revenue for October is also the second highest ever since introduction of GST, second only…
3 mins read
Cloud kitchens are restaurants, ice cream is not food and other important clarifications that will affect GST rates
One of the reasons behind this is the ever-evolving business landscape – for instance, while clo…
2 mins read
GST on salaries? A new ruling can cause a lot of confusion and litigation
The GST (Goods and Services Tax) regime requires firms to take separate registration for each state…
3 mins read
Fintechs are helping Indian MSMEs with their biggest challenge — data and the lack of it
There are over 6.3 crore micro, small and medium enterprises (MSMEs) in India and most of them are …
2 mins read
Airtel GST refund – Supreme Court allows government appeal against ₹923 crore relief
In a major setback to Indian telecom operator Airtel, the Supreme Court (SC) has allowed the Indian…
3 mins read
The Indian government is risking a tighter noose on 'tax evaders' as GST collections remain short of target
The Indian government is planning to prohibit companies from generating e-way bills for the tra…
2 mins read
India's real estate bad loans have nowhere to go but up for now, according to a major Swiss bank
However, a report published this week, by Credit Suisse has given investors a reality check for …
4 mins read
India needs to bring different solutions for MSMEs -- Business Insider’s MSME Exchange panelists highlight why
Many have termed 2020 as the watershed moment for the Indian micro, small and medium enterprise (…
2 mins read
Par panel asks govt to prevent misuse of input tax credit under GST as collection slows
New Delhi, Dec 10 () A Parliamentary panel on finance on Tuesday observed that the Goods and Servic…
PTI
5 mins read
It’s good that India wants just two GST slabs but it has to ensure it doesn’t hurt consumers
However, experts say that it could also be down to just two slabs, eventually. And the latest mo…
2 mins read
Jharkhand is the only state holding out against the Indian government's suggested formula on GST compensation
With Chhattisgarh communicating its acceptance of Option-1 to meet the revenue shortfall arising ou…
3 mins read
Payment of 1% GST in cash only for 45,000 taxpayers: DoR sources
The government's decision on mandatory payment of at least 1 per cent of GST tax liability in cash …
3 mins read
India’s Chief Economic Advisor trains his guns on global rating agencies
"Never in the history of sovereign credit ratings has the 5th largest economy been rated as the …