Thangavel.....

I felt there is need to review the GST process in the GST website due to various issues cropping up. The issues can be segregated into Legal and Technical. Legal being the issues which require the GST Council to recommend and the Govt to act. The Technical issues being the ones which needs the change to be approved by the respective process owners. Though this looks very simple, the issue is that most of the issues we face today are both Legal as well as Technical. I will be updating my blogs by taking up 1 issue at a time along with my views and workarounds. Lets discuss the issues one by one. 1. The Site : gst.gov.in Lots and lots of efforts have gone in creating this application. (The front end what we get to see is the webpage). However due to high traffic the site is slow at times. We, the taxpayers & Professionals use the site for variety of reasons viz a. New Registrations b. Checking the Status of the Application c. Filing of returns d. Check

Some interesting article on JP Morgan...... JP MORGAN: INDIA FOCUS (M)organ failure? JP should follow the beaten path... Investments across the world might not seem an attractive proposition in the current times, but where India is concerned, it is still a hot destination for JP Morgan (JP). According to newly appointed India CEO, Kalpana Morparia, JP will invest $1 billion in Asia-Pacific region over the next three years, with the investments in India totalling a whopping $500 million. Kavita Sonawala, Head – Marketing, JP Morgan tells B&E that, “Our strategy for India can be defined by the word ‘aggressive’. We want to tap its full potential...” For now, JP’s strategy is to focus on the Real Estate and Infrastructure sectors, besides Investment Banking. To achieve that end, JP Morgan Asset fund has mobilised more than $360 million from Institutional Investors and High Net worth Individuals (HNIs) in US, Asia, Europe and the Middle-East. It has also set up a $2 billion infrastruct