Goods and Services Tax: Council Cuts Tax Rates on 27 Goods, Approves Quarterly Return Filing - India West

India WestGoods and Services Tax: Council Cuts Tax Rates on 27 Goods, Approves Quarterly Return FilingIndia WestUnion Finance Minister Arun Jaitley speaks during a GST Conclave in Hyderabad Sept. 10, 2017. (IANS photo). NEW DELHI — Facing severe criticism over the implementation of the Goods and Services Tax, the government Oct. 6 announced a slew of ...and more »

Rethink on reverse charge mechanism: state to council - The Navhind Times

The Navhind TimesRethink on reverse charge mechanism: state to councilThe Navhind TimesGoa on Friday requested the Goods and Services Tax Council to rethink on the reverse charge mechanism of the GST, with suspension of a Section as related to this mechanism existing in the Central Goods and Services Tax Act, 2017, which has been ...and more »

GST has become 'simpler' after council's recommendations: PM Modi - Outlook India

GST has become 'simpler' after council's recommendations: PM ModiOutlook IndiaNew Delhi [India], October 7 : Prime Minister Narendra Modi said that the Good and Service Tax (GST) has become simpler after the council's recommendations and that it was well in line with the government's constant endeavour to safeguard citizens' ...and more »

GST Council eases tax filing norms for small traders - Deccan Chronicle

Deccan ChronicleGST Council eases tax filing norms for small tradersDeccan ChronicleBusinesses having Rs 1.5 crore turnover make up 90 per cent of the taxpayer base but contribute only six per cent of tax. Union Finance Minister Arun Jaitley, MoS for Finance Shiv Pratap Shukla and Revenue Secretary Hasmukh Adhia at the 22nd meeting of ...and more »

Govt provides GST succor - Daily Pioneer

Govt provides GST succorDaily PioneerAhead of Diwali, traders and consumers have reason to cheer as the Goods and Services Tax (GST) Council on Friday announced a slew of reforms, reducing tax on many goods and services and relaxing norms for small businesses. In a move aimed at ...and more »

Narendra Modi: Changes have made GST even simpler - Livemint

LivemintNarendra Modi: Changes have made GST even simplerLivemintNew Delhi: Prime Minister Narendra Modi on Friday said the goods and services tax (GST) has become “even simpler” after the GST Council's recommendations, and that it is in line with the government's constant endeavour to safeguard citizens' interests ...and more »

GST rates for various goods and services in India - ETRetail.com

ETRetail.comGST rates for various goods and services in IndiaETRetail.comGST rates for various goods and services in India There is a lot of confusion regarding The Goods and Services Tax (GST) in the market. One of the most awaited tax reforms in India; GST was introduced in July 2017 with an aim to make India 'one nation ...and more »

Arun Jaitley Announces Cuts in Tax Levies - India.com

India.comArun Jaitley Announces Cuts in Tax LeviesIndia.comIn the 22nd meeting of GST Council, Finance Minister on Friday announced several measures to ease the pressure on the small traders and consumers. Jaitley said the Composition Threshold for small traders will be increased Rs 1 Cr. Similarly, ...and more »

India eases tax burden for smaller businesses - Daily Mail

Daily MailIndia eases tax burden for smaller businessesDaily MailIndia announced a slew of changes to its tax laws Friday in a bid to ease the burden on small and medium businesses, which have suffered the most since the introduction of a new national tax earlier this year. The good and services tax (GST), which ...and more »

Taking the sting out of compliance - Economic Times (blog)

Economic Times (blog)Taking the sting out of complianceEconomic Times (blog)The positive aspect of the changes that the Goods and Services Tax (GST) Council has made and the finance minister announced on Friday is that the authorities are willing to listen to the problems economic agents have encountered in the rollout of the ...and more »

GST Council relief to exporters, small businesses - The Hindu

The HinduGST Council relief to exporters, small businessesThe HinduIn what should come as a relief to exporters and small businesses, the GST Council on Friday announced a slew of decisions to reduce their compliance burdens, including the eventual setting up of an e-wallet for input tax credits for exporters, and the ...and more »

GST Council decisions provide relief to SME sector: India Inc - Zee News

Zee NewsGST Council decisions provide relief to SME sector: India IncZee NewsNew Delhi: India Inc on Friday welcomed the outcome of the GST Council meet and said the decisions will improve compliance and provide much needed relief to the taxpayers. CII Director General Chandrajit Banerjee said that the SME sector compliance ...and more »

Relief for exporters & SMEs as GST Council reduces compliance issues, rates cut on 27 items - Moneycontrol.com

Relief for exporters & SMEs as GST Council reduces compliance issues, rates cut on 27 itemsMoneycontrol.com... exporters & SMEs as GST Council reduces compliance issues, rates cut on 27 items. The Council approved a proposal that allows small tax payers with a turnover of less than Rs 1.5 crore to file quarterly returns. Flash plugin failed to load. Share ...and more »

GST Council recommendations will immensely help SMEs: PM Modi - Oneindia

OneindiaGST Council recommendations will immensely help SMEs: PM ModiOneindiaPrime Minister Narendra Modi on Friday said the GST has become "even simpler" after GST Council's recommendations and that it is in line with the government's constant endeavour to safeguard citizens' interests and ensure India's economy grows.and more »

Quarterly returns to cheaper Khakra: Govt takes steps to address GST anger - Catch News

Catch NewsQuarterly returns to cheaper Khakra: Govt takes steps to address GST angerCatch NewsAfter facing flak from traders for introducing a complex Goods and Services Tax regime in the country, the government on Friday came up with a slew of measures to ease their pain. The government also made an attempt to bring down the prices of certain ...and more »

GST Council gives relief to exporters - Economic Times

Economic TimesGST Council gives relief to exportersEconomic TimesNEW DELHI: In a relief to merchant exporters, the GST Council today fixed a tax rate of 0.1 per cent on goods procured for export purposes. The merchant exporters would also be allowed to obtain refund of 0.1 per cent tax paid on export of goods, a ...and more »

GST Council meet: Big relief for SMEs, exporters; 27 items get cheaper - Zee News

GST Council meet: Big relief for SMEs, exporters; 27 items get cheaperZee NewsThe GST Council made sweeping changes to give relief to small and medium businesses on filing and payment of taxes, eased rules for exporters and cut tax rates on more than two dozen items. . Zee Media Bureau. By Zee Media Bureau | Last Updated: ...and more »

GST Council meet: Dealers in gems, jewellery out of money laundering act - ABP LIVE

ABP LIVEGST Council meet: Dealers in gems, jewellery out of money laundering actABP LIVENew Delhi: The Prime Minister Narendra Modi led NDA government has put gem and jewellery dealers out of the Prevention of Money Laundering Act (PMLA) in the GST Council meeting held on Friday. It is believed that the move is taken to woo voters in the ...and more »

India Loosens Tax Rules for Small Businesses, Exporters - Wall Street Journal

Wall Street JournalIndia Loosens Tax Rules for Small Businesses, ExportersWall Street JournalNEW DELHI—India eased rules for small businesses and exporters under its new tax system, the goods-and-services tax, amid growing criticism that poor implementation is hurting business in the South Asian economy. A panel headed by Finance Minister ...and more »

'Initiatives by GST Council will address exporters' issues' - Zee Business

'Initiatives by GST Council will address exporters' issues'Zee BusinessExporters body FIEO today said the GST Council's initiatives, including introduction of e- wallet, would bring relief to traders. Federation of Indian Export Organisations (FIEO) President Ganesh Kumar Gupta said the refund of GST for July by October ...and more »