The Punjab government has joined hands with USA-based Abdul Latif Jameel Poverty Action Lab (J-PAL) to work on ways to check tax evasion and improve the goods and services tax (GST) collection in the state.
After Finance Minister Nirmala Sitharaman, while presenting Union Budget 2020 on 1st February, said the government has asked the Reserve Bank of India (RBI) to extend the debt restructuring window by another year ending March 31, 2021, RBI in its Monetary Policy Review Meeting today said that it would be extending the scheme to 31st December 2020.
Chinese buyers generally begin their annual sourcing from Indian exporters in January every year.
GST: GSTR-9 & GSTR-9C filing due date extended till February 12 by Rajasthan HC - 07th February 2020
In a ruling that will have far reaching impact, the Rajasthan High Court has stepped in to address the grievances and extend the due date of filing GSTR-9 and GSTR-9C for taxpayers in the state.
NEW DELHI: Hacking into the government’s India's goods and services tax (GST) database and its associated infrastructure dependencies installed at GST Network (GSTN) can now lead to 10-year imprisonment, as the assets have been declared as 'protected systems' by the finance ministry, under the IT Act.
The RBI has come up with some changes in operational guidelines for the captioned scheme contained in circular on 'Interest Subvention Scheme for MSMEs'.