New Delhi: With the formation of a stable government at the centre the focus must shift to the economy and infrastructure building.
The Finance Ministry has put out a draft circular clarifying the taxability of services provided by head office, located in one State, to the branch office located in another.
The GST Council at its meeting on Friday, the first chaired by the new finance minister, Nirmala Sitaraman, decided to introduce the single return filing system for all businesses beginning 1 January 2020.
The new finance minister Nirmala Sitharaman has two weeks to prepare the budget for fiscal year 2019-20 (FY20), which will be presented on 5 July.
NEW DELHI: GST officers have one more task — conduct mock purchases to identify businesses that are not passing on benefits of lower taxes to consumers.
The National Small Industries Corporation (NSIC) signed an MoU with Common Service Centres (CSC) e-Governance Services India in New Delhi with the aim to enhancing new offerings for the MSME sector by synergising each others' competence, said a government release.