Strict GST Policies Hurting Automotive Dealers In India; FADA

The Federation Of Automobile Dealers Association or FADA, has requested the GST Council of India to charge interest on the Gross Value instead of the net Input Tax Credit Value.

Prime Minister Narendra Modi-led government in its second term will implement more economic reforms, raise investment in the farm sector, provide collateral-free loans to entrepreneurs and further simplify GST to boost economic growth, President Ram Nath Kovind said Thursday.

The government will continue to take steps for further simplification of the Goods and Services Tax (GST), President Ram Nath Kovind said Thursday.

The government sent 15 senior tax officials facing probes in corruption cases to compulsory retirement, sending across a tough message to bureaucrats taking kickbacks for facilitating tax evasion by companies.

Karnataka on Saturday sought extension of the Compensation Act beyond 2022 to bridge the revenue gap likely to arise out of a shortfall in the collection of the Goods and Services Tax (GST).

The wholesale and production numbers in May 2019 have seen a huge drop compared to retail numbers which is the biggest indication that automakers are trying to control their inventories.

The Supreme Court today agreed to examine the powers of tax authorities to arrest an individual for Goods and Services Tax (GST) evasion.

An officer of the Goods and Services Tax (GST) department jumped to his death from the 30th floor of the World Trade Centre in the Cuffe Parade area of south Mumbai, police said on Tuesday.

Priyanka Gandhi Vadra sat on top of a slow-moving minibus along with former chief minister Sheila Dikshit as she campaigned for the first time in Delhi today since she joined politics in January.

During investigation, it was found that the gold was being smuggled in the form of paste, which was hidden in the waist belt by the couriers.

Former Prime Minister Manmohan Singh on Sunday said India is headed for an economic slowdown and accused the Modi government of leaving the economy in dire straits due to its "lack of economic vision".

The IGNOU programme aims to impart basic knowledge and skills required to fulfill the various requirements under the GST Act.

Hitting back at Prime Minister Narendra Modi for accusing the Congress of doing "nothing" while in power, party president Rahul Gandhi said Saturday nobody had committed the "foolishness" of the notes ban and the "Gabbar Singh Tax" in the last 70 years.

Congress president Rahul Gandhi Thursday said if voted to power, his party was committed to simplifying the Goods and Services Tax (GST) by introducing a single tax slab and reducing the number of tax filings from 12 to four in a financial year.