Tax practitioners from Gujarat have written to central and state governments that it is not possible to file GSTR-9, the annual return of GST within the set deadline of June 30 and so the deadline for filing the return should be extended.
Coimbatore: The strike by the Tirupur Power Table Owners’ Association demanding a charter of demands entered the fifth day on Sunday, bringing production of garments worth lakhs of rupees to a halt and leaving many jobless, though temporarily.
"As our state will have limited scope to mobilise additional revenue beyond 2022, there would be a steep fall in our revenues by the end of fiscal 2022-23, as compared to protected revenue till fiscal 2021-22 due to the constitutionally guaranteed compens.
Nineteen years into the 21st century and we are still following a tax law that is half a century old. A law that is now largely considered inadequate to cater to the demand of the 21st century India.
The Minister of State for Finance & Corporate Affairs Anurag Thakur held the Pre-Budget Consultation with the representatives of various Trade Unions and Labour Organisations here today in connection with the forthcoming General Budget 2019-20.
Prime Minister Narendra Modi on Saturday said that the Central and state governments should work together to strengthen the export sector.