Page-3 of Topic: GST
“Special Corona Fee” imposed on Liquor by Delhi Government
On May 4, 2020, the third phase of lock down began in India. Under the third phase, the liquor shops were opened in selected regions with certain restrictions....
1 Trillion INR Package for MSME
The government is working on a 1 trillion INR package for aiding the MSME sector. In addition to this, the GST refunds and the change in definition of...
GoI notifies rules for Vivad Se Vishwas Scheme
On March 19, 2020, Govenrment of India has notified rules to avail full benefit of direct tax dispute resolution under the Vivad Se Vishwas Scheme. Highlights Currently, there...39th GST Council Meeting
The GST Council recently concluded its 39th meeting and took major decisions about GST rates to be applied for various commodities from mobile phones and parts to matchsticks....
GST Council Meet: GST of Mobile Phones increased from 12% to 18%
On March 14, 2020, the GST Council met for the 39th time in New Delhi. The Council was headed by the Finance Minister Nirmala Sitaraman. Highlights The Council...
GoI launches “SPICe+” to improve Ease of Doing Business in the country
On February 24, 2020, the Government of India launched SPICe+, a web form that integrates 10 services of various ministries and departments. This will help boost Ease of...
The Direct Tax Vivad Se Vishwas bill introduced in Lok Sabha by the Finance Minister
The Finance Minister Nirmala Sitaraman proposed the scheme Vivad Se Vishwas Scheme in the Union Budget 2020. In order to implement the scheme, the minister introduced a bill...
Budget 2020-21 presented by Finance Minister: The Themes, GST Reforms
The Finance Minister Nirmala Sitaraman presented the Budget 2020-21 on February 1, 2020. The budget focused on enhancing purchasing power of citizens and boosting their incomes. It has...
GST Revenue Collection during December 2019
The Goods and Services Tax (GST) revenue collection for the month of December 2019 has shown a growth of 16% as compared to that from the previous year...
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....
Finance Minister chairs GST Council Meeting
On December 18, 2019, Finance Minister Nirmala Sitaraman chaired the GST Council Meeting in New Delhi. The meeting was held to address the backdrop of falling collections for...
