MSMEs created 2.46 lakh more jobs post GST
India’s micro, small and medium enterprises (MSME) sector not only survived demonetisation but created 246,416 more jobs than those which
Read more
GST News
GST Council cuts tax on under-construction houses to 5%
GST Council has cut tax rate on under-construction residential properties and the affordable housing projects category. The new effective GST
Read more
Govt, Institute of Cost Accountants to train 1 lakh accountants to boost GST compliance
The Government of India, along with The Institute of Cost Accountants of India (ICAI), is all set to launch a
Read more
GST return defaulter to be barred from generating E-way bill
Non-filers of GST RETURNS for 6 consecutive months will soon be barred from generating e-way bills. The GSTN is developing
Read more
Businesses allowed to claim GST input credit benefit till March
The Finance Ministry has allowed businesses to claim input tax credit benefit for the first financial year of Goods and
Read more
Central Government exempts Gem, jewellery exporters from 3% IGST
Central government has accepted the Gem and Jewelry Export Promotion Council’s (GJEPC’s) demand to grant IGST related exemption on the
Read more
48202 crore GST compensation release to States
The central government has released Rs 48,202 crore as GST compensation to states during April-November 2018, higher than the Rs
Read more
Online retail platforms not liable to collect TCS from Suppliers with less than Rs. 20L turnover
Central Board of Indirect Taxes and Customs has clarified that online retail platforms are not liable to collect TCS (tax
Read more
No GST on sale of properties with completion certificate
The finance ministry has clarified that buyers of real estate properties for which completion certificate is issued at the time
Read more
GST returns extended till March 31
The Finance Ministry has extended the due date for filing annual return by three months till 31st March 2019. “The
Read more