Taxpayers registered under goods and services tax (GST) are all set to file their annual returns in the form GSTR-9 for the first time this June. The annual return is a compilation of data filled in the monthly and quarterly returns, and the onus lies on the taxpayer to ensure that this data matches with the annual return that is being filed.
New Delhi: Urging the industry to join hands in bringing innovative ways of financing, Union Minister Nitin Gadkari said on Friday there was no "trust deficit" between industry and the government, which has been constantly doing away with "red-tapism".
Leading economists and experts on Friday suggested that the upcoming Budget should focus on promoting the manufacturing sector through Make in India.
NEW DELHI: India has decided to raise import tariffs on 29 goods from the US after having deferred retaliatory higher duties multiple times since announcing them in June last year, said people with knowledge of the matter.
With the government enjoying a majority in the GST Council and a stabilising mop-up, one could expect that the Centre would quickly simplify the process further.
Budget 2019 India: A few days after announcement of PM Narendra Modi-led NDA’s thumping victory in the 2019 Lok Sabha Election, data on economic growth and job came as a dampener.