GST Council to meet Friday to discuss rules, exemptions
GST Council at its meeting on Friday will finalise the rules regarding registration, refunds and payment and also take a view on exemption of goods under the upcoming Goods and Services Tax (GST) regime.
Sep 29, 2016, 17:49 PM IST
Exemption threshold for GST fixed at Rs 20 lakh: FM Jaitley
Chairing the first meeting of the newly-constituted Goods and Services Tax (GST) Council for the second day on Friday, Finance Minister Arun Jaitley said that the exemption threshold for GST is fixed at Rs 20 lakh.
Sep 23, 2016, 14:05 PM IST
GST Council: All you need to know
The Goods and Services Tax (GST) Council is chaired by the Union Finance Minister and has Minister of State in charge of revenue and state finance ministers as members.
Sep 22, 2016, 09:54 AM 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
GST Council to hold first meeting tomorrow
The all powerful GST Council, which will decide on tax rates, exempted goods and threshold, will meet for the first time tomorrow as it races against time to iron out issues between Centre and states for rolling out the new indirect tax regime from April 1, 2017.
Sep 21, 2016, 20:08 PM IST
Government formally notifies GST Council
Government has formally notified the GST Council, which will decide on the tax rate, exempted goods and the threshold under the new taxation regime.
Sep 16, 2016, 13:54 PM IST
PM Modi wants all steps for GST rollout to be completed before April
Targeting to roll out the ambitious GST on April 1 next year, Prime Minister Narendra Modi has directed that all steps required in this direction should be completed before that date.
Sep 15, 2016, 17:27 PM IST
'Government moving ultra-fast, April 2017 GST deadline achievable'
With the government moving at "ultra-fast" pace on GST, the cut-off date of April 1, 2017, for rolling out the new indirect tax regime now seems achievable, tax experts said today.
Sep 12, 2016, 18:47 PM IST
Cabinet nod to GST Council; decision on rate, exemption by November
The first meeting of the Council, to be chaired by Union Finance Minister, will be held on September 22 and 23.
Sep 12, 2016, 16:30 PM IST
Govt geared up to meet April deadline on GST roll out: Adhia
Government is moving ahead of its schedule and is fully geared up to roll out Goods and Services Tax (GST) from April 1 next year, Revenue Secretary Hasmukh Adhia said today.
Sep 12, 2016, 15:36 PM IST
Cabinet approves constitution of GST Council
The Union Cabinet on Monday approved the constitution of the GST Council which will decide, among other things, the goods and services tax (GST) rate and prepare a model Bill for operationalisation of the new tax regime.
Sep 12, 2016, 12:14 PM IST
GST: Know 3 main reasons behind the logjam
The first demand of Congress includes a cap on the GST rate at 18 percent.
Jul 18, 2016, 12:13 PM IST
GST deadlock: Dual control issue almost sorted out, says Amit Mitra
There was "general consensus" on the issue of dual control over taxation structure between the Centre and states at the meeting of state finance ministers on GST, Empowered Committee Chairman Amit Mitra said on Tuesday.
Jun 14, 2016, 18:14 PM IST
GST draft model law to be finalised in a month
The draft model law on Goods and Services Tax (GST) will be finalised in a month's time, a top finance ministry official on Tuesday said.
Dec 15, 2015, 14:59 PM IST
Govt will find out alternative ways to implement GST: Goyal
He ruled out Ordinance route for GST, saying constitutional amendments cannot be implemented by Ordinances.
Aug 14, 2015, 15:41 PM IST
GST Bill: 10 Key facts you should know
GST is expected to streamline the taxation system and cut down multiplicity of compliance and cascading effect of taxes.
Aug 11, 2015, 09:31 AM IST
GST rate at 20% good for industry, consumers: Experts
The GST rate of 20 percent, as suggested by a Parliamentary Committee, would benefit the industry and will also not be a burden on consumers, experts say.
Jul 23, 2015, 15:44 PM IST
Rajya Sabha panel submits GST report; Congress, Left, AIADMK dissent
Reacting to the report including the dissent, Finance Minister Arun Jaitley said the government will go ahead with enacting the legislation in Parliament.
Jul 22, 2015, 21:50 PM IST
'Centre, states working to meet GST roll out deadline'
The Centre and states are taking administrative steps to meet the April 1, 2016 deadline for roll out of the Goods and Services Tax (GST), Finance Ministry said Wednesday.
Jul 22, 2015, 20:00 PM IST
GST Bill: 10 key facts you should know
The GST subsumes various central indirect taxes including the Central Excise Duty, Countervailing Duty, Service Tax, etc. It also subsumes state value added tax, octroi and entry tax, luxury tax, etc.
May 06, 2015, 18:28 PM IST
