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The Union Minister for Railways, Coal, Finance and Corporate Affairs, Shri Piyush Goyal on completion of First Year of implementation of historic tax reform of GST, to mark the occasion, 1st July, 2018 to be celebrated as the “GST DAY”, in New Delhi on July 01, 2018.

Government celebrates 1st GST Day – Finance Minister and Industry Stalwarts commemorate the first...

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Government celebrates 1st GST Day; Finance Minister and Industry Stalwarts commemorate the first year of the unprecedented reform of Indian taxation  Indirect Tax collections increase by 11.9%; 1.5% increase expected in the Non oil category,...
GST - India

GST leads to Formalization of Economy and Widening of Tax Base

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GST leads to Formalization of Economy and Widening of Tax Base  Historic tax reform, the Goods and Service Tax (GST), has resulted in the formalization of the economy and consequently, information flow would eventually augment...
CREDAI Bengal

Real Estate Conclave at Kolkata – A way forward in real terms of Accounting...

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Saturday, 9th June 2018 at Kolkata: Real estate is one of the most vibrant sectors and second largest employer in India after Agriculture. It the year 2017 has brought in new challenges in the sector....
GST - India

“Incentivizing digital payments in the GST regime” & “Imposition of Cess on Sugar under...

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Two Group of Ministers Constituted to consider the issues relating to “Incentivizing digital payments in the GST regime” & “Imposition of Cess on Sugar under GST”.  Subsequent to the decisions taken in the 27th GST Council...
GST - India

GST Revenue collection in the month of April 2018 exceeds Rs. 1 Lakh Crore

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GST Revenue collection in the month of April 2018 exceeds Rs. 1 Lakh Crore  The total Gross GST revenue collected in the month of April 2018 is Rs.1,03,458 crore of which CGST is Rs18,652 crore,...
Arun Jaitley - MIC

The e-way Bill System for Inter-State movement of goods across the country is being...

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Clarification with respect to the E-way Bill System  The e-way Bill System for Inter-State movement of goods across the country is being introduced from 01st April 2018. Few clarifications regarding the new e-way bill system...
eWayBill Kolkata Meet

জিএসটি রূপায়নের পর সকল ব্যবসায়ীদের অয়েবিল সমস্যার সমাধানের জন্য আলোচনা চক্র হলো কলকাতায়

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কলকাতা ২২ মার্চ ২০১৮: জিএসটি রূপায়নের পর থেকেই সকল ব্যবসায়ীদের অয়েবিল নিয়ে নানা অভিযোগ ছিল | কিন্তু সরকার থেকে সঠিক সহযোগিতা পাওয়া না যাওয়ায় সকলে খুব অসুভিধার মধ্যে পড়েছিলেন| আজ একটি আলোচনাচক্রে বি.সি.ভাটিয়া ন্যাশনাল প্রেসিডেন্ট,কনভেনর...
GST - India

GST Export Refunds – So far more than Rs 10, 000 Crore has already been...

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GST Export Refunds  It has been noticed that at regular intervals, unverified estimates of pending GST refunds on account of exports are published in the print media or put forward by various trade bodies. These...
ICSI Event at Kolkata

ICSI Makes India Proud – Sets Guinness World Record for Largest Taxation Lesson

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ICSI INITIATIVES The Institute of Company Secretaries of India (ICSI) is a premier professional body set up under an Act of Parliament, i.e., Company Secretaries Act, 1980, for the regulation and development of the profession...
GST - India

One crore taxpayers have been registered under GST so far till 24th January 2018

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Total Revenue Collections under GST for the month of December 2017 stand at Rs. 86,703 crore till 24th January 2018; One crore taxpayers have been registered under GST so far till 24th January, 2018 of which 17.11...
GST - India

Changes In GST/IGST Rate and Clarifications in Respect of GST Rate on Certain Goods

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Recommendations for Changes In GST/IGST Rate and Clarifications in Respect of GST Rate on Certain Goods -As per discussions held in the 25th GST Council Meeting  The Union Finance Minister Shri Arun Jaitley Chaired the...
Amit Mitra

Amit Mitra finds GST worst than VAT regime

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Hurried launch of GST has made indirect tax system more primitive than VAT regime: Dr Amit Mitra The hurried launch of the Goods and Services Tax (GST), without proper infrastructure in place, has made the...
GST - India

Total collection under GST for the month of December 2017 has been Rs. 80,808...

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Total collection under GST for the month of December 2017 has been Rs. 80,808 crores till 25th December 2017  Total Revenue Collection under GST:  The total collection under GST for the month of December 2017...
GST - India

GST revenue gap may widen to Rs 85,000 crore for FY18: Amit Mitra

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GST revenue gap may widen to Rs 85,000 crore for FY18: Amit Mitra Expressing concern over declining goods and services tax (GST) revenue, West Bengal’s finance minister Amit Mitra on Thursday said that states are...
GST - India

Government appoints Shri B.N. Sharma (IAS:1985) as Chairman of the National Anti-profiteering Authority under...

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Government appoints Shri B.N. Sharma (IAS:1985) as Chairman of the National Anti-profiteering Authority under GST  In an immediate follow up action of last week's Cabinet approval for creation of the posts of Chairman and Technical...
GST - India

GST Rate Changes Come into effect on 178 items where rate has been brought...

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GST Rate Changes Come into effect on 178 items where rate has been brought down from 28% to 18%; Consumers may take note of reduction in Price/MRP on these Goods  In the 23rd meeting held on...
Amit Mitra

Dr Amit Mitra writes strong letter to Union Finance Minister on implementation of GST

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Dr Amit Mitra writes strong letter to Union Finance Minister on implementation of GST Bengal Finance Minister Dr Amit Mitra has written a strong letter to the Union Finance Minister Arun Jaitley regarding the sufferings...
Mamata

Mamata Banerjee hits out at Centre over ‘Great Selfish Tax’ (GST), calls note ban...

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Mamata Banerjee hits out at Centre over ‘Great Selfish Tax’ (GST), calls note ban a ‘disaster’ Bengal Chief Minister and Trinamool Congress Chairperson Mamata Banerjee on Monday slammed demonetisation and the Good Services Tax (GST),...
Export Import - India

Blockage of Working Capital of Exporters

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Blockage of Working Capital of Exporters  There are lot of apprehensions expressed in the media about the problem of blockage of working capital for exporters post-GST. There are various figures also being discussed on the...
"Paschimbanga Mistanna Byabasayee Samity"

West Bengal Sweet shops will be on strike on 21st August 2017 – GST...

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West Bengal sweetshop owners organization "Paschimbanga Mistanna Byabasayee Samity" called for a 24 hours strike on 21st August 2017 across Bengal in protest of GST on Bengal sweets. They told the press that VAT was...

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