Rahul Gandhi, who is scheduled to again visit poll-bound Gujarat from Saturday, said the government can't break the back of small and medium businesses, crush the informal sector and destroy millions of jobs.
'Significant reductions in the compliance obligations mean businesses earlier struggling to comply will now have enough time to prepare and comply within the extended timelines.'
The GST Council's agenda includes trimming the number of items in the 28 per cent slab by 75 per cent, easier compliance for assessees and small taxpayers, and a presentation on bringing real estate under GST.
'There is something fundamentally wrong with the GST -- whether be it the rates, compliance, or the GST Network itself.'
Only luxury and 'sin' items could be left in highest slab. 12 and 18 per cent slabs could be merged in the future
It is raining private equity funds in the logistics and warehousing space.
The firm is likely to spend $600 million in total for the new stores. The average size of its stores is about 55,000 sq ft.
India worked in close partnership with the World Bank to improve its position, says NITI Aayog CEO Amitabh Kant.
'The full effects of the government initiatives will have to work their way through, whether in infrastructure or in the banking sector.'
Why should India buy olives from Europe when it could do so from the world's largest producers?
Indian Railways under Piyush Goyal has chalked out a new plan for station redevelopment. Railway stations in 15 cities may soon offer residential apartments.
Inter-state supply may come under GST composition
Shoppers Stop returns to its core business after divestments. The retailer plans growth through web and private labels.
Tax experts are nudging the authorities to figure out why so many assessees are not filing their returns.
Deadline ends, after two extensions and only 70% file detailed return for July
Poor performance of the banking, oil and exploration industries have impacted corporate tax collections.
A corpus of Rs 20,000-30,000 crore is under consideration, to narrow the input tax credit cycle and facilitate their working capital requirements.
The chief statistician feels there should be a rebound after companies integrate and adopt the GST system
The income tax department has a steep collection target of Rs 9.8 lakh crore during 2017-18, rising 15.7 per cent from a year ago.
Apart from Modi, Jaggi Vasudev to address 2-day tax officers' conference
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