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The Federation of Telangana Chambers of Commerce and Industry (FTCCI) organised a Conclave on ‘GST and Globalization,” in the city. The industry body appealed to the Chief Minister, and the State Finance Minister to consider their representation and increase the…
Finance minister Nirmala Sitharaman on Wednesday said the request from Parliamentarians to raise the sales threshold for Goods and Services Tax (GST) registration can be looked into by the GST Council; however, she added that most small businesses ideally should be part…
The Goods and Services Tax Council should consider raising the GST exemption threshold to Rs 1.5 crore annual turnover and also do away with the requirement of state-wise registration, which would help ease compliance, economic think tank GTRI said on…
Decriminalisation of the Goods and Services Tax Act is on the cards, which would give a big reprieve to small businesses in India, sources told businessline. In what could be a major overhaul of the GST Act in nearly six…
As part of its drive against decriminalisation, the Centre is contemplating raising the monetary threshold for initiating prosecution for cognisable and non-bailable offences related to the goods and services tax (GST) to ₹25 crore and above. Source: Business-Standard