News shortcuts: From the Courts | Top Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | Professional Updates | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
« Service Tax »
 Make tax saving investments till June 30 No confusion
 Why you must respond to outstanding tax demand online
 Income Tax Refund (ITR) payments become fast! Modi govt shares this interesting data
 Service Tax Refund cannot be claimed once barred by Limitation
  Why you should file belated ITR, correct ITR errors before March 31
 Finance Bill 2020 changes rules on TDS, NRIs and dividends
  Why you should file belated ITR, correct ITR errors before March 31
 How can I set off losses from share trading against income tax liability in current FY?
 Why you should file belated ITR, correct ITR errors before March 31
 Last date for filing ITR for FY 2018-19 extended but late filing fee stays at Rs 10,000
 India Relaxes Income Tax Deadlines And Penalties For Taxpayers Coronavirus Impact

Tax return filing extension on GST may not be enough
June, 20th 2017

Over the weekend, the body administering the goods and services tax, or GST, iterated its intention to roll out the new indirect tax regime from July 1. However, the GST Council has also taken note of the increasing clamour from the private sector about its unpreparedness for the new system, and it has announced certain concessions. The timetable for filing returns has been somewhat relaxed initially. And industry will be granted exemptions from penalties and fees for late filing in the first two months of the new tax regime. The GST Council’s decision is welcome. However, it is far ...

Home | About Us | Terms and Conditions | Contact Us
Copyright 2020 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting