The Finance Ministry is considering setting up facilitation centres and developing an app to help traders and small businesses file their Goods and Services Tax (GST) returns, The Times of India reported.
Chennai: Chennai Ombudsman had achieved a 99.7% disposal rate on complaints of non-banking financial companies which is much higher than national average of 99.1%, showed data from RBI report.
The GST council has decided to waive off late fees for all taxpayers who have filed GSTR 1, if all refunds are filed by 10 January 2020. In its 38th meeting held today, the council has also extended the deadline for filing GSTR 9 for FY18 to 31 January 2020.
In a pre-Budget consultation held with the Centre on Wednesday, state finance ministers pitched for more funds, relaxation in fiscal deficit target and settlement of pending Integrated Goods and Services Tax (IGST) payments.
Vietnamese textile firms are witnessing declining orders as buyers are moving to cheaper developing countries, especially in Africa.
he Centre neither has the leeway to cut taxes nor it has space to hike Goods and Services Tax (GST) rates to increase revenue, according to Prime Minister's Economic Advisory Council (PM-EAC) Chairman Bibek Debroy.