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Goods And Services Tax

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  News for Goods And Services Tax

  • Business

Here's CII's 100-day agenda for the new government

Boosting economic growth in India requires immediate introduction of Goods and Services Tax, containing subsidies, monetary easing and fast-tracking of stalled projects, Confederation of Indian......

Common return for service tax, excise duty on back burner

After a Goods & Services Tax, implementation of another indirect tax reform, it turns out, is unlikely to see the light of day soon. The finance ministry is leant to have put its plan to harmonise......

Chidambaram offers a fresh chance to tax evaders

Calling Service Tax Voluntary Compliance Encouragement Scheme (VCES) a rare opportunity to make a "fresh start", Finance Minister P Chidambaram on Wednesday asked those in trade and industry......

Half of the traders don't have PAN

Apart from the much-reported constitutional and political hurdles on a national Goods and Services Tax (GST), there is another basic one. Barely half of dealers in the country have a Permanent......

Petroleum, alcohol derail GST talks

Negotiations between the Centre and states to move to the Goods & Services Tax regime have hit a roadblock again, with the latter opposing the former’s proposal to include petroleum products......

  People speak for goods and services tax

  • QNA
Sathyavathi
Q. We are purchasing raw material and sending it for jobwork and we are paying service tax , and we are exporting the finished goods.how to claim the service tax that we are paying to our service providers or can we get any exemption on service tax
Sathyavathi:  A.  more

http://qna.rediff.com/questions-and-answers/we-are-purchasing-raw-material-and-sending-it-for-jobwork-an/27272296/answers/

Shunmugham
Q. Direct taxes like Income Tax affects only the Rich. Indirect taxes on goods & services affects ALL including the poor. Then why now the talk of abolishing INCOME TAX?Is it for election-fund raising?
Shunmugham:  A. You can claim your service tax refund from your owner.............its a mandatory now hence no exemption more

http://qna.rediff.com/questions-and-answers/direct-taxes-like-income-tax-affects-only-the-rich.-indirect/26975690/answers/27272318

Mahesh Gopal Shanbhag
Q. Can our economy survive without Foreign Direct Investments ?
Mahesh Gopal Shanbhag:  A. it may be all for political gains, but then it may also be practical, by taxing at one point, say production time, or disbursement time - more

http://qna.rediff.com/questions-and-answers/can-our-economy-survive-without-foreign-direct-investments-/26962716/answers/26975701

uday shetty
Q. Can you name,how many type of taxes are there in India?
Uday Shetty:  A. What do you suggest..... the British government block all sales to foreign inverters?..... You want the government to force companies to remain in...... more

http://qna.rediff.com/questions-and-answers/can-you-namehow-many-type-of-taxes-are-there-in-india/26311363/answers/26962727

sanjay karmakar
Q. in country like india!! we r habituated to give bribe each n every field!! as it is impossible to get govt. services without it!! as there r hidden approval of it of govt. itself!!
Sanjay Karmakar:  A. There are Twenty Types of Taxes are prevailing in India.Direct Tax Taxes in IndiaIncome Tax: This is one of the most common types of tax and most...... more

http://qna.rediff.com/questions-and-answers/in-country-like-india-we-r-habituated-to-give-bribe-each-n-e/26049553/answers/26311423

  Web results for Goods And Services Tax
Scanner on slipping indirect tax collection

After the income tax (I-T) department, the excise and service tax department plans to use information from third-party sources to match with its... ...

http://www.smartinvestor.in/market/Econnews-237563-Econnewsdet-Scanner_on_slipping_indirect_tax_collection.htm
Crisil pegs average growth at 6.5 pc over the next 5 fiscals

NEW DELHI: A decisive mandate in the ongoing general elections could help India grow at an average of 6.5 per cent over the next five financial... ...

http://economictimes.indiatimes.com/news/economy/indicators/crisil-pegs-average-growth-at-6-5-pc-over-the-next-5-fiscals/articleshow/34016827.cms
Crony capitalism perception a challenge, says Montek

Says 7-8% growth not possible if pending policies implemented only after new govt assumes office Press Trust Of India | New York April 21, 2014... ...

http://www.business-standard.com/article/politics/crony-capitalism-perception-a-challenge-says-montek-114042100046_1.html
Survey

New Delhi: India Inc's business confidence has plunged to the lowest level in 17 quarters -- reminiscent of the 2008-09 financial meltdown -- as... ...

http://spaceviewtimes.com/business-news/item/353-india-inc-business-confidence-at-lowest-in-four-years-survey
Rally is likely to continue

Growing expectation that the country will have a stable government (read Narendra Modi-led) has led to momentum continuing to drive the markets... ...

http://www.business-standard.com/article/markets/equity-outlook-rally-is-likely-to-continue-114042100020_1.html

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