GST on online gaming: GoM recommends 28% GST, expert says disadvantage for game companies
Meghalaya Chief Minister Conrad Sangma has said, "we have decided that this report will be submitted to the Finance Minister. It is expected that this report will be discussed in the next GST Council."
May 18, 2022, 17:16 PM IST
GST to boost growth by 4.2%, make products cheaper: Fed paper
The goods and services tax (GST) can boost India's GDP growth by up to 4.2 per cent -- double the previous estimate -- as lower taxes on manufactured goods will bump up output and make products cheaper, a US Federal Reserve paper said.
Apr 23, 2017, 18:32 PM IST
E-commerce term may be misinterpreted in GST; fear commodity exchanges may be brought in: ASSOCHAM
The scope of the e-commerce definition as given in the Goods and Services dispensation has been left so wide that it could go well beyond Amazon or Flipkart marketplace platforms and may even cover the commodity exchanges, the ASSOCHAM has said, seeking a clarity from the government so as to remove uncertainty among businesses as the GST is set for a roll out.
Apr 16, 2017, 13:54 PM IST
Budget 2017: Here is what the common man gets
The combined effect of both these measures will mean that there would be zero tax liability for people getting income upto Rs 3 lakhs per annum and the tax liability will only be Rs 2,500 for people with income between Rs 3 to Rs 3.5 lakhs.
Feb 01, 2017, 16:25 PM IST
Retail sector seek early implementation of GST
Retailers have sought for early implementation of the Goods and Services Tax regime which they believe will be a game-changer for country's retail sector.
Jan 19, 2017, 17:03 PM IST
GST deadlock: All-powerful council headed by Jaitley to meet for ninth time today
Finance Minister Arun Jaitley will on Monday look to break the deadlock over distribution of powers between centre and states to administer GST, an issue that is holding up launch of the new national sales tax from April.
Jan 16, 2017, 08:46 AM IST
Arun Jaitley looks to end deadlock at GST meeting tomorrow
In order to ensure smooth passage of GST, Finance Minister Arun Jaitley on Monday will look forward to breaking the deadlock over power distribution between centre and states.
Jan 15, 2017, 17:58 PM IST
GST training: Govt faces steep climb as deadline nears
Already running against time on GST, the revenue department will have a tough time in training 60,000 field officials for its implementation from April 1 as it has provided requisite skills to only 3,074 personnel.
Oct 02, 2016, 11:31 AM IST
GST: Tax department unveils draft rules for registration, invoice and payments
In less than a week after the first meeting of the GST Council, the tax department came out with three draft rules and their formats relating to registration, invoice and payments which would be finalised by week-end.
Sep 26, 2016, 17:47 PM IST
No change in stand on GST: Congress
Ahead of the Monsoon session of Parliament, Congress on Wednesday said there is no change in its stand on the three principal demands on the Goods and Services Tax (GST) bill and it is still awaiting the government's offer on the issue.
Jul 13, 2016, 09:58 AM IST
'Buy 1 get 1 free' deals to come under GST'
Free samples and gifts offered with purchases as well as popular 'buy-one-get-one-free' deals may attract the proposed Goods and Services Tax (GST) levy which government plans to roll out from Apri
Jun 19, 2016, 16:31 PM IST
Govt to use 'buying power' to procure goods at cheaper rates
Government, the largest consumer of goods and services in the country, proposes to use its "buying power" to negotiate competitive rates from suppliers and service providers.
Services' share in total exports to rise significantly: Commerce Ministry
"We are hoping that (with) changes in the services architecture of incentives in the new policy, services should do better. We hope that their share will increase significantly," a top Commerce Ministry official said.
Apr 03, 2015, 16:07 PM IST
