Page-2 of Goods and services tax Current Affairs, GK & News

 Finance Commission suggests GST Council for Three Slabs

The fifteenth Finance Commission headed by Retired IAS officer Nand Kishore Singh is about to commence its tenure of 5 years from 1st April 2020- 31st  March 2025. The commission constituted on 27th November 2017 will recommend fiscal matters and tax devolution formula to the Central Government over its tenure. On Sunday, 23rd December 2019 ..

Topics: 

GST Stakeholder Feedback Diwas

The Authorities of Central Goods and Services Tax (GST) and State GST will be organizing a nationwide GST Stakeholder Feedback Diwas today, 7th December 2019. The Feedback Diwas is on getting an on the spot response and thoughts on the new GST Returns which will be introduced from 1st April 2020. The feedback sessions will ..

Category: 

Topics: 

GST Revenue Collection Report for November 2019

According to a report published by the Ministry of Finance, Gross Goods and Services Tax(GST) revenue collected in November was Rs 1,03,492 crore out of which  Central GST (CGST) is around Rs 19,592 crore, State GST (SGST) of Rs 27,144 crore, Integrated GST (IGST) of Rs 49,0287 crore including Rs 20,948 crore collected from imports, ..

Category: 

Topics: 

GSTN to make Aadhaar authentication mandatory for new dealers from January 2020

The Goods and Services Tax (GST) Network has decided to make Aadhaar authentication or physical verification mandatory for new dealers from January 2020 so as to check malpractices in GST. Aadhaar authentication was earlier optional. The announcement in this regard was made by Deputy Chief Minister of Bihar Sushil Kumar Modi, who heads the Group ..

Month: 

Category: 

Topics: 

Recommendations of Task Force on Simplification of Direct Tax

The task force on simplification of direct tax legislation headed by Central Board of Direct Taxation (CBDT) member Akhilesh Ranjan has recommended major changes in personal income tax slabs. Recommendations of the Task Force Continuation of the minimum exemption limit of Rs 2.5 lakh per annum. Continuing the tax rebate announced in the interim budget ..

Topics: 

2 / 9<1234>>>