Leading up to Finance Minister Nirmala Sitharaman’s second Union Budget speech on February 1, 2020, Indian micro, small, and medium enterprises (MSMEs) are not shying away from voicing their expectations.
The government has asked GST authorities to block input tax credit of about 1,000 taxpayers who have allegedly claimed more credit than they were eligible for, according to a senior official.
TIRUPATI: Taking exception to the network-related glitches in the implementation of Goods and Services Tax (GST), the sales tax practitioners took out a rally in the temple city on Friday to vent their ire.
The recently held PromoTex 2020 expo focussed on recyclability and sustainability of textiles.
In order to avoid the last minute rush of return filers, the government has decided to allow taxpayers to file their GSTR-3B returns in a staggered manner. The government has taken this initiative in wake of the difficulties faced by trade and industry in filing of returns.
Bank of Baroda (BoB) on Friday reported a shocking Rs 1,407-crore loss for the quarter ended December at a time when most bankers have been claiming the NPA (non-performing assets) cycle has peaked and that the worst is over.