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4 years of GST regime | Tax base has doubled, says Nirmala Sitharaman Updated: Updated: Union Finance Minister thanks taxpayers on the fourth anniversary of Goods and Services Tax Share Article Union Finance Minister thanks taxpayers on the fourth anniversary of Goods and Services Tax With the Goods and Services Tax system completing four years, Finance Minister Nirmala Sitharaman has said most challenges in providing stability to the tax regime have been overcome, including the two waves of the unprecedented COVID-19 pandemic. “In the last four years, our tax base has almost doubled from ...

GST taxpayers to get flexibility to decide on monthly tax payment IANSDec 13, 2020, 15:52 IST PIXABAY GST taxpayers would be able to pay their tax dues on a self-assessment basis without having to go through the cumbersome process of filing tax returns on a monthly basis. The Central Board of Indirect Taxes and Customs (CBIC) will introduce the new Quarterly Return and Monthly Payment Scheme (QRMP) for GST taxpayers from next year that will allow taxpayers to file only 4 GSTR-3B returns in a year instead of 12 returns at present. As per the scheme, while returns through form GSTR-3B wil...