Central Government's booster package to get GST implement from 1st April 2017
Central Government's booster package to get GST implement from 1st April 2017. Watch this special segment and get to know more here.
Sep 28, 2016, 17:03 PM IST
Under GST, monthly returns to be mandatory: Draft rules
Moving at a fast pace, the tax department Tuesday came up with two more draft rules and their formats on GST returns and refunds requiring assessees to file monthly returns and specifying procedure for claiming refunds of taxes, interest and fees.
Sep 27, 2016, 21:12 PM 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
Hope to resolve all pending issues on GST: Arun Jaitley
Finance Minister Arun Jaitley on Thursday expressed the hope that all pending issues will be resolved in due course for a uniform pan-India indirect tax regime taking effect from the targeted date of April 1 next year.
Sep 22, 2016, 22:31 PM IST
GST: Centre, states agree on timetable for April 1, 2017 roll out
Moving towards rolling out GST from April 1, Centre and states on Thursday agreed on a timetable for deciding on the tax rate and completion of legislative work but differences remained on the turnover limit for exemption from the new tax.
Sep 22, 2016, 20:58 PM IST
GST Council to hold its first meeting today
The council will decide on long pending issues of threshold limit for applicability of the tax as well as the limit for dual control between Centre and states. Union Finance Minister Arun Jaitley will chair the meeting.
Sep 22, 2016, 08:39 AM IST
268-page GST FAQs out; e-tailers, taxi aggregators need to register
The 268-page frequently asked questions (FAQ) booklet, released by Finance Minister Arun Jaitley, answered over 500 questions on 24 topics, including registration, valuation and payment, scope and time of supply, refunds, seizure and arrest.
Sep 21, 2016, 21:36 PM IST
Finance Ministry to pitch for ratings upgrade with Moody's
The Finance Ministry will pitch for the country's rating upgrade with global agency Moody's on Wednesday, highlighting increased pace of reforms including the GST, declining inflation and improvement in fiscal as well as current account deficit situation.
Sep 19, 2016, 23:00 PM IST
GST: Clarification likely on Centre's power to levy excise
The revenue department is likely to issue clarification on legality of levying excise duty by the Centre on various commodities till implementation of goods and services tax (GST) from April 1, 2017.
Sep 19, 2016, 18:50 PM IST
GSTN under examination; Centre to hold majority stake
The composition of Goods and Services Tax Network (GSTN), a private company tasked to create Information Technology infrastructure for GST, is under examination to give to the Centre majority stake in it.
Sep 19, 2016, 18:01 PM IST
'Implementation of GST to attract more FDI'
Implementation of Goods & Service Tax (GST) will lead to increased tax compliance and attract more foreign direct investments across sectors due to tax transparency and ease of doing business, says a survey.
Sep 13, 2016, 15:28 PM IST
Subramanian Swamy terms IDFC's Rs 550-cr loan to GSTN as 'loot'
Continuing to attack the firm set up by the UPA government to provide support structure for GST rollout, BJP MP Subramanian Swamy today alleged "loot" in IDFC extending a Rs 550-crore loan to GSTN on government guarantee.
Sep 09, 2016, 20:45 PM IST
GST will unleash significant economic activity: Barack Obama
US President Barack Obama on Thursday expressed confidence that the Goods and Services Tax (GST), passed by the Indian parliament last month, will unleash significant economic activity.
Sep 08, 2016, 17:15 PM IST
President Pranab Mukherjee gives nod to Constitution Amendment Bill on GST
President Pranab Mukherjee today gave assent to Constitution Amendment Bill on Goods and Services Tax (GST), a major step towards rolling out the new indirect tax regime which the Modi government wants to come into effect from April 1 next year.
Running against time on GST implementation, says Jaitley
Terming April 1, a very stiff target, Finance Minister Arun Jaitley on Wednesday said the government is "running against time" for the implementation of GST, but added that he would certainly like to give it a try.
Sep 07, 2016, 12:36 PM IST
GST, reforms to boost India's growth: Arun Jaitley to US CEOs
In his meeting with the members of the visiting US CEOs Forum, Jaitley said the trade between the two nations will get a boost due to business-to-business, business-to-government and government-to-government interaction.
Aug 30, 2016, 19:29 PM IST
Telangana Legislature ratifies GST Bill
The Telangana Legislature on Tuesday unanimously ratified the Goods and Services Tax Constitutional Amendment Bill, becoming 12th state to have approved the legislation that will pave the way for roll-out of a single and unified tax system in the country.
Aug 30, 2016, 16:33 PM IST
E-commerce companies demand exemption from GST
Vendors selling goods through their portals should be liable to pay GST, they argued.
Aug 30, 2016, 15:08 PM IST
Full List: Maharashtra, Gujarat and other states that ratify GST Bill
The states of Maharashtra and Haryana on Monday ratify the the Constitution Amendment Bill on Goods and Services Tax (GST) passed by the Parliament in early August.
Aug 30, 2016, 00:05 AM IST
India to grow at 7.6% in FY'17, GST to boost trade, investment: RBI
The RBI said GST implementation will boost trade, investment and growth by reducing supply chain rigidities, encouraging scale economies, cutting down transportation and transaction costs, as also promoting efficiency gains.
Aug 29, 2016, 21:39 PM IST
