Goods and Services Tax

World Bank admits that GST or Goods and Services Tax which was rolled out last year has the capability to push India’s tax system and to encourage more growth. But at the same time, they have said that GST is complex, and the existing tax…

Indian retail is one of the fastest growing industries in India and contributes massively to the Indian growth story. By 2020, the industry is expected to reach the $1.1 trillion mark, and right now contributes 10% to the country’s overall…

The US-based e-commerce major Amazon India has crossed the mark of 3 lakh sellers on their platform and has been able to achieve the feat in less than five years of its operations in the country. Also, Amazon has finally rolled out its food…

In a major decision, Govt. of India has decided to redefine entire MSME Sector, based on revenues. This will help better categorization and better flow of funds from the Govt. Besides, a high powered RBI panel has strongly recommended a…

The year 2018 has started with a big-bang decision by the government allowing 100 percent FDI in the construction development sector via the automatic routes. That means foreign funding channels won’t be required to take government’s…

The GST Council has recommended some major changes related to GST rates, and also proposed to streamline the process of filing GST returns. These proposals have been announced after the 25th meeting of the Goods and Services Tax (GST)…

Goods and Services Tax or GST can undergo some big changes before budget announcement, and we are already receiving vibes that 2018 shall be different. Some important changes in GST filing rules are expected, besides tax rate cut across…

Goods and Services Tax or GST collection in India have reached the lowest point till date. This is an alarming news, and Govt. officials are right now huddling together, to seek out ways to stop this race to the bottom.

Govt. has taken this decision to revive restaurant business, which hotel owners are claiming is down since implementing higher slab of GST on AC restaurants

At trak.in we bring you our views on some of the most buzzing India-centric stories, however, we do miss out on some of them – Going forward we will have a regular section called – Business Buzz – that will feature snippets of buzzing…