Tuesday, June 19, 2018

Railways' first waste-to-energy plant faces GST hurdles

New Delhi |Tuesday, 2018 12:45:05 PM IST
Indian Railways' long-awaited and ambitious project to set up a waste-to-energy plant at Jaipur railway station has run into Goods and Services Tax (GST) hurdles, causing a delay in the commissioning of the first such municipal solid waste management cent... read..

Refunds of Rs 25,000 cr pending due to GSTN's inability: Mitra

Kolkata |Monday, 2018 10:15:07 PM IST
'Inability' of the GST Network (GSTN) to verify refund claims has resulted in applications from exporters worth around Rs 25,000 crores remaining pending, West Bengal Finance Minister and GST Council member Amit Mitra said here on Monday.... read..

GST enlarged tax base, brought formalisation: Government

New Delhi |Monday, 2018 6:45:07 PM IST
The Goods and Service Tax (GST) has resulted in greater formalisation of the Indian economy with over 6.5 lakh new assessees having sought registration under the new indirect tax regime, the government said on Monday.... read..

Bill to axe GST on tampons passes Senate

Canberra | Monday, Jun 18 2018 IST
Legislation to remove the $30 million GST from feminine hygiene products has passed the Senate, according to an SBS News report on Monday. The federal government faces pressure to take the GST off tampons after draft laws passed the Senate. An Australian ... read..

Kerala CM says GST curtails financial freedom

Thiruvananthapuram | Monday, Jun 18 2018 IST
Kerala Chief Minister Pinarayi Vijayan has said GST has limited the freedom of states to raise financial resources. As against the expectations of a buoyant revenue growth, the state is witnessing substantial revenue losses and was dependent on compensat... read..

GST leads to formalisation of economy and widening of tax base

New Delhi | Monday, Jun 18 2018 IST
The Goods and Service Tax (GST), has resulted in formalisation of economy and consequently information flow would eventually augment not only the Indirect Tax collections but also Direct Tax collections. According to a Finance Ministry statement, in the ... read..

GST, revenue deficit are the key issues to be raised at NITI Aayog meet

Amaravati June 16 | Saturday, Jun 16 2018 IST
Andhra Pradesh Chief Minister N Chandrababu Naidu is going to raise several key issues, including the GST, filling up of deficit in 2014 budget, unfulfilled assurances of AP Bifurcation Act 2014 and granting of Special Category Status. The Chief Ministe... read..

Hertha Berlin youngster Pronichev signs professional contract

Berlin |Thursday, 2018 6:15:04 PM IST
Hertha Berlin have given young striker Maximilian Pronichev a professional contract, the German Bundesliga club confirmed in an official statement on Thursday.... read..

Govt allows change of email, mobile number of authorised signatory by taxpayers under GST

New Delhi | Thursday, Jun 14 2018 IST
Government has allowed the concerned Jurisdictional tax authority of the taxpayer to update the email and mobile number of the authorised signatory available in the GST System. According to a Finance Ministry statement, with a view to address this difficu... read..

Sukhbir asks Rahul to discuss bringing oil items within GST purview with Punjab FM

Chandigarh | Wednesday, Jun 13 2018 IST
Shiromani Akali Dal (SAD) president Sukhbir Singh Badal today asked Congress President Rahul Gandhi to direct Punjab Finance Minister Manpreet Badal to take up the issue of bringing petrol and diesel under GST in the next meeting of the GST Council if he ... read..

NirogStreet raises USD 300k; to strengthen technology led Ayurveda platform

New Delhi [India] | June 13, 2018 11:11:24 AM IST
India's first technology-led Ayurveda platform, NirogStreet on Wednesday announced raising USD 300k from the Japanese venture fund Spiral Ventures, Subho Ray (President, IAMAI) and Samir Kumar (Director of Derivatives at Deutsche Bank, Singapore).... read..

GST refund drive extended till June 16

New Delhi (India) | June 13, 2018 7:11:22 AM IST
The special fortnight-long drive to process pending Goods and Services Tax (GST) refunds has been extended by two more days till June 16.... read..

Telangana minister opposes GST on Petrol, liquor

Hyderabad | Tuesday, Jun 12 2018 IST
Telangana Finance Minister Etela Rajender on Tuesday said that the state government will oppose if petrol, diesel and liquor were brought under the purview of Goods and Services Tax (GST). Speaking to reporters on the sidelines of a programme, the ministe... read..

GST refund drive extended till June 16

New Delhi |Tuesday, 2018 7:15:05 PM IST
The government on Tuesday extended the special fortnight-long drive to process pending GST refunds by two more days till June 16.... read..

Monchengladbach snap up youngster Muesel

Berlin |Tuesday, 2018 1:45:04 PM IST
Borussia Monchengladbach have wrapped up the signing of young striker Torben Muesel from lower league side Kaiserslautern, the German top division football club have announced.... read..
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