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About 16 results for "rastogi"

Majority of GST assessees fail to file returns for September
Rediff.com

Majority of GST assessees fail to file returns for September

Tax experts are nudging the authorities to figure out why so many assessees are not filing their returns. Even three months after the roll-out of the goods and services tax, the level of compliance continues to be low in filing returns. In fact, less than half of assessees filed summary returns under the GST for September, for which the deadline was October 20.  Government officials claimed the latest data was similar to that in the previous two months. But there are signs of worry and ... Rediff.com, 18 hours ago
Rediff.com

Jewellers worried over hallmarking rules

Those selling ornaments with lower purity might now offer hefty discounts in order to get rid of non-hallmarked stocks Reports of compulsory hallmarking of gold jewellery after the government notified the revised Bureau of Indian Standards (BIS) Act last week have sent ripples across the jewellery industry.   Many big players have started claiming they sell only hallmarked jewellery. However, those selling non-hallmarked jewellery are prioritising sale of such jewellery and others are ...
 Rediff.com5 days ago
Rediff.com

Super-rich young Indians have a new success mantra!

Nikita Puri and Dhruv Munjal explain why new-age businessmen are turning to exclusive, uber-rich clubs.Illustration: Uttam Ghosh/Rediff.com A speaker is addressing some 50 people. The audience, mainly comprising men attired in modish suits, listens intently, occasionally enraptured. A few scribble quick points on their notepads; the others politely nod in approval. The event is being played out at a five-star hotel in New Delhi, inside a quiet hall almost as large as a ballroom.   Once ...
 Rediff.com3 weeks ago
Rediff.com

How GST may burden employee benefits

Have companies overlooked the impact of GST on employee benefits such as health check-up facilities, mediclaim, mobile handsets, house lease, long service awards, employee welfare schemes, and so on, asks Anita Rastogi. Illustration: Dominic Xavier/Rediff.com A garment manufacturer rejects defective goods and then gives his employees a chance to pick them up at throwaway prices. Many organisations offer laptops to employees to enable them to work on the go. Should transactions such as these ...
 Rediff.com3 weeks ago
Rediff.com

States unwilling to impose GST on petro products

While the Centre is criticised for not cutting excise duty on petroleum products, it is the states which gain more from the rise in their prices States are reluctant to impose the Goods and Services Tax (GST) on petroleum, even as they are assured of full compensation on revenue loss due to the new indirect taxation system for the first five years. Five petroleum products - crude oil, petrol, diesel, natural gas and aviation turbine fuel - are out of GST, as of now. While the Centre is ...
 Rediff.com1 month ago

SMEs should adopt intelligent logistics automation: Locus CEO

Intelligent logistics automation can help not only large companies but "it completely works in favour of small and medium enterprises (SMEs)", Nishith Rastogi, CEO & Co-founder, Locus, said in an exclusive interview with SME Times. He added that Intelligent ...
 SME Times1 month ago
Rediff.com

GST Council will now meet on Oct 6

Petroleum Minister Dharmendra Pradhan's wish to levy indirect tax on petrol unlikely to be taken up Illustration: Uttam Ghosh/Rediff.com The Goods and Services Tax (GST) Council might not take up the issue of including petroleum under the new indirect tax system at its next meeting, which was advanced by a couple of weeks to October 6. The meeting is likely to take up the issue of problems affecting the GST Network (GSTN) and exporters’ concerns.   Just three months since the roll ...
 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.com1 month ago

PE/VC investments, exits at record high of $5.4 bn in Aug 2017: EY

PE/VC investments increased by 5.4 times to $ 5.4 billion in August 2017 were the highest monthly investment ever, compared to $ 1 billion in August 2016. This was mainly on account of two mega deals, Softbank's $2.5 billion investment in Flipkart and GIC's ...
 Business Standard1 month ago PE/VC investments in first half rises 40%: EY Services  The Financial Chronicle2 months ago PE/VC investments jump 41% to record 11 bn in H1 2017  Business Standard2 months ago
Sify

Exporters woes under GST: Working capital stuck as refunds not available

New Delhi : Exporters are having a tough time since the roll-out of the new indirect tax regime as the online facility to claim refunds is not yet available, with many even postponing shipments as they grapple with low funds, stakeholders and experts have ...
 Sify1 month ago
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