GST Council

Maruti cuts prices by up to 3% to pass on GST relief

Maruti Suzuki India (MSI) has slashed prices of its models by up to 3 percent with immediate effect in order to pass on GST benefit to its customers.

Jul 01, 2017, 12:57 PM IST

India launches historic indirect tax regime GST: 5 top quotes of PM Narendra Modi

Here are 5 top quotes of PM Narendra Modi at special midnight session of parliament to launch GST

Jul 01, 2017, 10:46 AM IST

Your complete guide to GST rates for services and goods– Check out what's getting dearer and cheaper after GST rollout

The one national GST unifies the country's USD 2 trillion economy and 1.3 billion people into a common market, an exercise that took 17 tumultuous years.

Jul 01, 2017, 10:28 AM IST

Teething problems of GST to be resolved in 2 months: CEA

Chief Economic Adviser Arvind Subramanian has exuded confidence of resolving teething problems of GST implementation in one-two months.

Jul 01, 2017, 09:55 AM IST

GST Council to review rollout of GST on August 5

The all-powerful GST Council will review the implementation of the Goods and Services Tax as also levies on some of the items on August 5.

Jul 01, 2017, 09:24 AM IST

Top leaders, industrialists, cinestars mark GST launch

The historic Central Hall of Parliament opened for its first midnight ceremony in two decades for the launch of India's most sweeping tax reform, GST, with country's top leaders, cinestars and industrialists in attendance.

Jul 01, 2017, 09:17 AM IST

GST will help in lowering inflation, propelling GDP: Arun Jaitley

Finance Minister Arun Jaitley said rollout of the GST will ease inflation, make tax avoidance difficult and boost GDP growth.

Jul 01, 2017, 09:11 AM IST

PM Narendra Modi terms GST as 'good and simple tax'

Terming the GST a 'good and simple tax', Prime Minister Narendra Modi said it will put an end to harassment of honest traders and small businesses while integrating country into one market with one tax.

Jul 01, 2017, 08:58 AM IST

GST launch: PM Modi rolls out India's biggest tax reform, says it's start of fair system ending black money, corruption

India launched its ambitious pan-India indirect tax regime, the Goods and Services Tax (GST) at the stroke of midnight hour to bind the country into a regime of "one nation, one tax, one market".

Jul 01, 2017, 00:37 AM IST

GST will open India to new limitless possibilities: Arun Jaitley

Jaitley said India has done this at a time when the world is facing slow growth, isolationism and the lack of structural reforms. 
 

Jul 01, 2017, 00:31 AM IST

GST Council cuts tax rate on fertiliser to 5%

Just a couple of hours before the Goods and Services Tax (GST) roll out, the all-powerful GST Council tonight reduced the tax rate on fertiliser to 5 per cent from previously decided 12 per cent.

Jun 30, 2017, 20:45 PM IST

Effective GST rate on under-construction real estate at 12%

On Thursday, the government hiked the GST rate for the construction sector to 18 percent from 12 percent but removed land value from computation of tax liability.

 

Jun 30, 2017, 20:07 PM IST

GST to make India a simpler, more revenue generating economy

GST will be rolled out nation-wide from Friday midnight, overhauling India's convoluted indirect taxation system and unifying the over USD 2 trillion economy with 1.3 billion people into a single market.

Jun 30, 2017, 18:07 PM IST

GSTN launches Excel template for filing GST returns

The Excel template, comprising eight worksheets, is part of GST Network's approach to make tax compliance easy and convenient for taxpayers and also reduce the time of compliance.

Jun 30, 2017, 17:55 PM IST

GST rollout: India's biggest tax reform- Key facts you should know

Key facts you should know about the India's new tax regime GST (Goods and Services Tax).

Jun 30, 2017, 17:38 PM IST

Housing prices to decline after GST rollout: Naidu

The minister emphasised that the Centre and states need to implement the new real estate law in an effective manner.

 

Jun 30, 2017, 16:30 PM IST

GST rollout from July 1: List of dearer and cheaper goods, services

Here's a list of products that will become expensive and cheaper after the implementation of GST.

Jun 30, 2017, 14:29 PM IST

Here are the tax slabs that will come into effect after GST Friday mid-night rollout

Check out the tax slabs that will come into effect after the GST is introduced shortly after midnight on July 1, 2017.

Jun 30, 2017, 13:13 PM IST

Ice cream, tobacco makers can't opt for GST composition scheme

Ice cream, pan masala and tobacco manufacturers cannot opt for GST composition scheme under which businesses are allowed to pay lower tax rate if their turnover does not exceed Rs 75 lakh.

Jun 28, 2017, 17:52 PM IST

Factbox: India's complex Goods and Services Tax

Here`s how the Indian GST compares with its counterparts in Asia.

Jun 28, 2017, 10:58 AM IST