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Simplified GST return forms to be rolled out from April 1

Revenue Secretary Ajay Bhushan Pandey said the refund process is being further streamlined to make it completely online and taxpayer friendly. The new simplified GST return forms will be rolled out from April 1, 2019, Revenue Secretary Ajay Bhushan Pandey said Tuesday. He exuded confidence that the government...
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Rs 29,088 cr indirect tax evasion detected during April-October

The investigation arm of the Finance Ministry has detected tax evasion worth Rs 29,088 crore in 1,835 cases during April-October period of the current financial year, a senior official said on Wednesday. Of this, the Directorate General of GST Intelligence (DGGI), which is enforcement agency for checking indirect...
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US security and economy ‘undoubtedly put at risk’ by China

WASHINGTON — China’s hegemonic ambitions pose certain risk to U.S. security and economic interests, a bipartisan congressional panel said in a report released on Wednesday. The 2018 report by the U.S.-China Economic and Security Review Commission criticizes Beijing’s attempt to turn Asian seaports into military supply bases. It...
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Why Italy’s economy is stagnating

Why is Italy’s economy so sickly and has the country’s new government found the cure for its economic ills? As Rome locks horns with Brussels over a draft Italian budget that the European Commission has rejected for breaching EU rules, the Financial Times has consulted leading economists, academics...
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