Assam Finance

Latest articles

9d
Business Standard India
Few more items to come down to 18% in next meeting: Hemanta Biswa SarmaAnother 5-6 items may come down to 18 per cent from 28 per cent in the next mee
Business Standard India / Posted 9 days ago
Another 5-6 items may come down to 18 per cent from 28 per cent in the next meeting, says Assam Finance Minister Himanta Biswa Sarma, a day after the GST Council meeting in Guwahati that saw big-ticket decisions in favour of the consumers and... Read more
23 related articles
9d
The Hindu
Govt. will work to remove 28% GST slab: Himanta Biswa Sarmaand a reduction of tax slabs for over 178 items, the chief of the Group of Mini
The Hindu / Posted 9 days ago
and a reduction of tax slabs for over 178 items, the chief of the Group of Ministers that had recommended the revisions and Assam Finance Minister, Himanta Biswa Sarma, said there would be a “constant endeavour to do away with the 28%... Read more
23 related articles
10d
Business Standard India
After trimming 28% bracket, here are 5 things GST Council might do todayall taxpayers, with monthly tax payment. This was suggested in a report prepare
Business Standard India / Posted 10 days ago
all taxpayers, with monthly tax payment. This was suggested in a report prepared by the group of ministers (GoM), led by Assam Finance Minister Himanta Biswa Sarma.(Read more here) In its last meeting, the Council had allowed quarterly return... Read more
23 related articles
10d
Business Standard India
177 items to become cheaper as GST Council decides to trim 28% slabfor all taxpayers with a monthly tax payment. This proposal is there in the rep
Business Standard India / Posted 10 days ago
for all taxpayers with a monthly tax payment. This proposal is there in the report of the group of ministers (GoM), led by Assam Finance Minister Himanta Biswa Sarma. Besides, the composition scheme, which allows a flat rate of tax and easier... Read more
8 related articles
10d
Hindustantimes.com
GST Council meeting live: Tax rates lowered on chocolate, aftershave and deodorantbe taken. Some important decisions already taken like reducing almost 200 goods
Hindustantimes.com / Posted 10 days ago
be taken. Some important decisions already taken like reducing almost 200 goods from 28% to 18% slab: Himanta Biswa Sarma, Assam finance minister 2.30pm: GST Network on Friday said businesses can now make changes to the forms uploaded on the... Read more
10d
asianage
Congress protests at GST council meetindustries of the state on verge of closure,” said former chief minister Tarun
asianage / Posted 10 days ago
industries of the state on verge of closure,” said former chief minister Tarun Gogoi. Mr Tarun also alleged that Assam finance minister Himanta Biswa Sarma who is the member of council has failed to take up the difficulties faced by many... Read more
23 related articles
10d
asianage
GST Council meet: Tax overhaul of 200 items expected, eating out to get cheaperArun Jaitley. Here is what we can expect from the 23rd meeting of the Council:
asianage / Posted 10 days ago
Arun Jaitley. Here is what we can expect from the 23rd meeting of the Council: 1. Deliberation on the suggestions made by Assam Finance Minister Himanta Biswa Sarma-headed group of ministers (GoM) to cut tax rates for the composition scheme... Read more
23 related articles
10d
Business Standard India
Key things to watch out for before the opening bellrelief to consumers. The 23rd meeting of the Council, being held here, will al
Business Standard India / Posted 10 days ago
relief to consumers. The 23rd meeting of the Council, being held here, will also deliberate on the suggestions made by Assam Finance Minister Himanta Biswa Sarma-headed GoM to cut tax rates for the composition scheme businesses to 1 per cent... Read more
11d
Business Standard India
GST Council may prune items in 28% slab, simplify returns tomorrowofficial sources said. The 23rd meeting of the Council, being held here, will
Business Standard India / Posted 11 days ago
official sources said. The 23rd meeting of the Council, being held here, will also deliberate on the suggestions made by Assam Finance Minister Himanta Biswa Sarma-headed GoM to cut tax rates for the composition scheme businesses to 1 per cent... Read more
11d
asianage
GST Council may prune items in top slab, review tax on non AC food jointsofficial sources said. The 23rd meeting of the Council, being held here, will
asianage / Posted 11 days ago
official sources said. The 23rd meeting of the Council, being held here, will also deliberate on the suggestions made by Assam Finance Minister Himanta Biswa Sarma-headed GoM to cut tax rates for the composition scheme businesses to 1 per cent... Read more
23 related articles
13d
Business Standard India
Govt may review monthly GST filing process to ease tax compliance burdenadded. The official further said that a decision to this effect may be taken n
Business Standard India / Posted 13 days ago
added. The official further said that a decision to this effect may be taken next month. A group of ministers headed by Assam Finance Minister Himanta Biswa Sarma had last week suggested that all taxpayers should be allowed to file returns... Read more
2 related articles
16d
Business Standard India
PM hints more relief for traders & businesses to ease GST compliance burdenits next meeting on November 9-10 will make necessary changes. The GST Council
Business Standard India / Posted 16 days ago
its next meeting on November 9-10 will make necessary changes. The GST Council had constituted a group of ministers led by Assam finance minister Himanta Biswa Sarma to ease compliance burden for assessees and make the composition scheme more... Read more
21d
The Indian Express
More GST rate cuts likely, AC restaurants could get cheaperthey have opted for composition scheme and so we will recommend the same to the
The Indian Express / Posted 21 days ago
they have opted for composition scheme and so we will recommend the same to the Council.” The five-member GoM, headed by Assam Finance Minister Himanta Biswa Sarma, has also said that all business-to-consumer transactions should reflect prices... Read more
8 related articles
22d
The Hindu
GoM for composition scheme tax cutpresent, while manufacturers pay GST at 2%, the rate for restaurants is 5%. Tra
The Hindu / Posted 22 days ago
present, while manufacturers pay GST at 2%, the rate for restaurants is 5%. Traders currently pay 1%. The GoM, headed by Assam Finance Minister Himanta Biswa Sarma, has also suggested doing away with the tax rate distinction between AC and non-AC... Read more
8 related articles
22d
Business Standard India
Composition scheme: Small traders set to get fresh GST reliefhas received a lukewarm response, prompting the GST Council to give it a re-loo
Business Standard India / Posted 22 days ago
has received a lukewarm response, prompting the GST Council to give it a re-look. The ministerial panel, led by Assam Finance Minister Himanta Biswa Sarma, has recommended raising the eligibility threshold to an annual turnover of Rs 1.5... Read more
8 related articles
22d
Business Standard India
GoM suggests 12% GST on AC eateries, composition scheme tax cutpay GST at 2 per cent, the rate for restaurants is 5 per cent. Traders currentl
Business Standard India / Posted 22 days ago
pay GST at 2 per cent, the rate for restaurants is 5 per cent. Traders currently pay 1 per cent. The GoM headed by Assam Finance Minister Himanta Biswa Sarma has also suggested doing away with the tax rate distinction between AC and non-AC... Read more
8 related articles
22d
asianage
GoM for 12 per cent GST on AC eateries, composition scheme tax cutpay GST at 2 per cent, the rate for restaurants is 5 per cent. Traders currentl
asianage / Posted 22 days ago
pay GST at 2 per cent, the rate for restaurants is 5 per cent. Traders currently pay 1 per cent. The GoM headed by Assam Finance Minister Himanta Biswa Sarma has also suggested doing away with the tax rate distinction between AC and non-AC... Read more
8 related articles
22d
The Hindu
GoM suggests reducing GST for AC restaurantspresent, while manufacturers pay GST at 2%, the rate for restaurants is 5%. Tra
The Hindu / Posted 22 days ago
present, while manufacturers pay GST at 2%, the rate for restaurants is 5%. Traders currently pay 1 %. The GoM headed by Assam Finance Minister Himanta Biswa Sarma also suggested doing away with the tax rate distinction between AC and non-AC... Read more
8 related articles
28d
Business Standard India
Inter-state supply may come under GST compositionof goods. Besides, the facility of input tax credit may be made available under
Business Standard India / Posted 28 days ago
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... Read more

In this news