The World Bank in its twice-a-year South Asia Economic Focus report has projected growth rate of 7.3% for India in 2018 and 7.5% for 2019 and 2020. The...
The E-Way Bill system for Intra-State movement of goods was rolled out in five more states‑Andhra Pradesh, Gujarat, Kerala, Telangana and Uttar Pradesh. The E-Way Bill system for...
As per previous decision of GST council, the e-way Bill System for Inter-State movement of goods across the country is being introduced from April 1, 2018. From this...
Union finance Minister Arun Jaitley tabled the Economic Survey 2017-18 in Parliament during 2018 budget session. The survey was authored by chief economic adviser in the finance ministry...
The Lok Sabha has passed the Goods and Services Tax (Compensation to States) Amendment Bill, 2017. The Bill amends the GST (Compensation to States) Act, 2017 and replaces...
The Appointments Committee of the Cabinet (ACC) has appointed senior bureaucrat Badri Narain Sharma as Chairman of National Anti-Profiteering Authority (NAA) under Goods and Services Tax (GST) regime....
The Union Cabinet approved setting up of National Anti-Profiteering Authority (NAA), an apex body with an overarching mandate under Goods and Services Tax (GST) regime so as to...
The Goods and Services Tax Network (GSTN) has launched excel-based offline facility to allow taxpayers to finalise their GSTR-3B forms on their own computers before uploading it onto...
The International Monetary Fund (IMF) in its October World Economic Outlook (WEO) has lowered India’s economic growth forecast at 6.7% in 2017 and 7.4% in 2018. It is...
The GST Network (GSTN) has reopened composition scheme window facility for small taxpayers with turnover of up to Rs.75 lakh to opt for composition scheme, which offers easy...