GST Taxpayers can file their GSTR-3B Returns in a Staggered Manner

GST Taxpayers can file their GSTR-3B Returns in a Staggered Manner

Considering the difficulties faced by trade and industry in filing of returns, the govt has eased filing of GST returns by allowing them to file in a staggered manner. On 22nd January Finance Ministry said that now GST taxpayers can file their GSTR-3B returns in a staggered manner. Presently the last date of filing GSTR-3B […]

Textile industry advertises Job Loss!

Textile industry advertises Job Loss!

Losses in India’s textile industry are spinning out of control, jobs are being snipped off, and exports are falling off. Yet there’s no focus on an industry which is being crippled by high interest rates and high taxes on export. The Indian textile industry which provides employment to about 10 crore people directly and indirectly […]

No GST for Sitar, but Guitar at 28% tax

No GST for Sitar, but Guitar at 28%  tax

NEW DELHI: The GST Council on Saturday decided against levying the indirect tax on 134 handmade indigenous musical instruments . So the  snake charmers’ pipes (called pungi or been),  the one -stringed ektara to the more familiar sarod, sitar and tabla and  harmonium will attract less tax,  but guitars, saxophones, pianos or even  humble mouth […]

Winter session of Parliament to expedite GST rollout

Winter session of Parliament to expedite GST rollout

The winter session of Parliament will start on November 16. It will be a month-long session that will end on December 16, the cabinet committee on parliamentary affairs. In its legislative push for the upcoming winter session of Parliament, the National Democratic Alliance (NDA) is focusing on laws addressing social and economic issues. Besides three […]