Expressing concerns over rising instances of revenue authorities treating IT-enabled services, including BPOs and KPOs, as 'intermediary services', Nasscom Senior Director and Public Policy Head Ashish Aggarwal said there is an urgent need to address the outstanding issue.
Demonetisation and haphazard implementation of Goods and Services Tax have impacted the recovery of Rs 11,000 crore of loans disbursed under the Centre's Micro Units Development and Refinance Agency (MUDRA) scheme, the Shiv Sena said Tuesday.
The Goods and Services Tax was implemented w.e.f. 1st July, 2017. It hasn’t completed eighteen months of implementation as yet. The GST has been at the receiving end of a lot of ill-informed and motivated criticism. What has been its real performance?
Demonetisation and the Goods and Services Tax (GST) are the two major headwinds that held back India's economic growth last year, former RBI Governor Raghuram Rajan has said, asserting that the current seven per cent growth rate is not enough to meet the country's needs.
The finance ministry asked foreign diplomatic missions or UN organisations to correctly mention the 'place of supply' of services in their GST return forms to enable quick processing of refund.
In a scathing attack on Prime Minister Narendra Modi, Congress President Rahul Gandhi said the Goods and Service Tax (GST) and demonetisation caused a huge loss to the economy.
Titan Company Ltd reported an 8.34 per cent rise in consolidated net profit at Rs 301.11 crore for the quarter ended September 30, 2018, dragged by provisions made for its corporate deposits in the IL&FS group.
If the Congress was voted to power in Chhattisgarh, it will write off farmers' debts within 10 days, party president Rahul Gandhi.
Finance Minister Arun Jaitley said demonetisation resulted in formalisation of economy and increased tax base, prompting the government to earmark more resources for the poor and infrastructure development.
Hitting back at the Opposition for criticising demonetisation, Finance Minister Arun Jaitley said the "prophets of doom" have been "conclusively proved wrong" with India retaining its position as the fastest growing economy for the fifth year in a row.