GST

GST Invoice
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CorporateNews

B2B Invoices to be Generated on Govt Portal by Sep

The move aimed at curbing the menace of fake invoices and evasion of GST All invoices for business-to-business sales by entities beyond a specified turnover threshold will be generated on a centralised government portal by September, a move aimed at curbing the menace of fake invoices and evasion of GST, officials said. The revenue secretary

  • May 6, 2019
  • 81
33rd GST Council Meeting
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RealtyRealty Residential

GST Rates Cut, Affordable Housing Redefined

The GST rates cut is intended to give a boost to the real estate sector The slash in GST rates to 5% without ITC from the previous 12% with ITC for premium homes, and to 1% minus ITC for affordable homes from the earlier 8%, gives the beleaguered realty sector the much-needed breathing room and

  • February 24, 2019
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RealtyRealty Residential

Real Estate on a Growth Trajectory

The recently released JLL FICCI report indicates that office, affordable housing and student housing segments of realty are set to surpass previous highs in terms of space and investment. According to Ramesh Nair, CEO & country head at JLL India, “India’s real estate sector is at an inflection point and the evolutionary trends in the

  • January 19, 2019
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CorporateNews

Simplified GST Return Forms to be Rolled Out in April

New simplified GST return forms will be rolled out in the next fiscal year and will become applicable from 1 April 2019. The GST return forms Sahaj and Sugam would replace GSTR-3B (summary sales return form) and GSTR-1 (final sales returns form). Revenue secretary Ajay Bhushan Pandey has said that the government is confident of

  • December 19, 2018
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CorporateNews

GST is Encouraging Deep Interior Coverage

Namit Bajoria, director Kutchina feels GST has led to fewer hassles, less paper work and shorter transit time How would you explain the impact of GST on the kitchen business? With a single tax GST across the country, shipment and sales of goods across the country has become easier, thus opening up the Indian economy

  • September 18, 2018
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FintechManagement

Competitive Edge of Fintech is Intact

 GST was expected to be challenging in the short-term, says Sanjay Phadke, EVP-platform & FI business head – Vayana Network GST has been a mega step in formalising the Indian economy. The transformation from a cash-based disconnected one to a digital, data-rich ecosystem has accelerated with the unveiling of GST. Overall, the financial services sector, including the

  • September 17, 2018
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CorporateNews

A Work in Progress

GST has been billed as the country’s most ambitious economic reform in decades. It aims to make tax administration more efficient, bring in transparency, and remove red tape. As the tax enters its second year, Sourcing Hardware spoke to various stakeholders. Leaders across the industry are of the opinion that despite the initial hiccups, the

  • September 15, 2018
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