GST council may propose a faster refund procedure, deferment of electronic way bill, further simplification of composition scheme
A fundraising boom in the domestic market and tightening of the regulatory framework for overseas issues are responsible for this trend.
With recent rate cuts, November collections could be even less
Govt doesn't buy restaurants' input tax excuse and has swing into action and looking into profiteering complaints on social media against prominent restaurant and franchise chains.
A panel will draft direct tax legislation, keeping in mind the system in other countries, international best practices and economic needs of the country
'At the end of the day, we want to see maximum items out and only few items remaining in the 28 per cent slab.'
Brokers also want tax rebates, removal of additional tax on dividends, streamlining of GST...
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
Valued at $71.2 billion, the bank's market capitalisation is more than that of global banks like Barclays, JP Morgan Chase and Credit Suisse.
India worked in close partnership with the World Bank to improve its position, says NITI Aayog CEO Amitabh Kant.
In the first nine months of 2017, investment banks pocketed Rs 500 crore for helping companies raise Rs 30,853 crore through IPOs.
'The full effects of the government initiatives will have to work their way through, whether in infrastructure or in the banking sector.'
Sebi directs freezing of all demat accounts not linked to Aadhaar by December 31
Why should India buy olives from Europe when it could do so from the world's largest producers?
Close to three dozen companies will launch their IPOs over the next four-six months.
Inter-state supply may come under GST composition
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