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About 12 results for "pratik jain"

Mega GST overhaul: GST standalone restaurants at 5%

There has been a huge debate on whether or not restaurants have been passing on GST rate cut benefits to consumers or not. To discuss this, CNBC-TV18 caught up with Rohan Shah, Tax Expert, Pratik Jain, Partner at PwC India, Adarsh Shetty, President of Indian ... Money Control, 5 days ago

2 images for "pratik jain"

Business Standard, 2 weeks ago
First Post.com, 5 months ago

Major GST rejig Rates on 211 items lowered

FC Bureau City: New Delhi 178 essentials in 18% bracket which includes 33 new products; 5% on eateries In a massive relief for the common man, the GST Council on Friday slashed tax rates for over 200 items including chocolates, beauty products, sanitary ware, ...
 The Financial Chronicle1 week ago

GST GoM proposes major changes: Here#39;s how it will impact you

In an interview to CNBC-TV18, Haseeb Drabu, Finance Minister of Jammu Kashmir, along with the best tax experts in the country -- MS Mani, Partner at Deloitte, Pratik Jain, Partner at PwC, Rohan Shah, a Tax Expert, Dinesh Kanabar, CEO at Dhruva Advisors, and ...
 Money Control3 weeks ago
Rediff.com

GST: Good news in offing for small taxpayers

Inter-state supply may come under GST composition The composition scheme for small taxpayers that offers easier compliance and a flat rate of tax looks set to be made more attractive as its ambit may be expanded to include inter-state supplies of goods. Besides, the facility of input tax credit may be made available under this scheme. A ministerial panel, led by Assam Finance Minister Himanta Biswa Sarma, is expected to finalise the contours of the revised structure in its next meeting on ...
 Rediff.com4 weeks ago
Rediff.com

So much for tax compliance under GST

Deadline ends, after two extensions and only 70% file detailed return for July Illustration: Dominic Xavier/Rediff.com About 70 per cent of the assessees under the goods and services tax (GST) had filed detailed sales returns for July as on Tuesday, the official deadline. Low compliance, said officials.   No further extension was given; the deadline had been extended twice earlier. About 4.59 million entities of the eligible 6.5 mn filed the GSTR-1 return, for the first month of GST. "We ...
 Rediff.com1 month ago GST: Only 70% file detailed return for July  Business Standard1 month ago Industry wants another extension for filing returns as GST portal found wanting  The Financial Chronicle2 months ago

Govt tries to make GST simpler

Days after Prime Minister Narendra Modi hinted at changes in GST rules to ease the pain for industry and opposition and trade bodies attacked the government on the GST rollout, the GST Council on Friday exempted exporters from payment of IGST and allowed ...
 The Financial Chronicle1 month ago
Rediff.com

GST: Rush job will cause more pain later

Simplifying the processes will lead to greater efficiencies. Bad processes will not help even if implemented well, says T N C Rajagopalan. It was clear by the end of August that the government had rushed into the goods and services tax (GST) regime without adequate preparation. "In any large tax reform, unforeseen difficulties may arise," said Sumit Dutt Majumdar, former chairman of the Central Board of Excise and Customs. "But the problems we have today are not unforeseen." The GSTN (Goods ...
 Rediff.com1 month ago
Rediff.com

Infosys gets a month to fix GSTN glitches

Group of ministers to review progress every fortnight.Raghu Krishnan reports.Illustration: Dominic Xavier/Rediff.com The group of ministers constituted to look into technical glitches in the goods and services tax network has identified a set of common issues after talking to corporate entities such as Unilever, various state tax department officials and tax consultants. At its first review meeting in Bengaluru, the GoM asked vendor Infosys to fix these glitches by October-end.   Led by ...
 Rediff.com2 months ago

GST completely IT-based system, GSTN biggest network in world: Sushil Kumar Modi

The Group of Ministers (GoM) set up to look into the technical issues faced by goods and services tax network (GSTN), headed by Bihar Deputy Chief Minister Sushil Kumar Modi held its first meeting in Bengaluru today. In an interview to CNBC-TV18, MS Mani, Tax ...
 Money Control2 months ago

CBEC scans Rs 65K GST credit claims

FC Bureau City: New Delhi As much as Rs 65,000 crore out of the nearly Rs 95,000 crore tax collections in July -- the first month of GST -- have been claimed as transitional credit by taxpayers, prompting the CBEC to order a scrutiny of all cases above Rs 1 ...
 The Financial Chronicle2 months ago
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