GST implementation

Taxpayers' data does not pose risk of violation of privacy: GSTN

GSTN is the information-technology backbone of the Goods and Services Tax (GST).

Aug 24, 2017, 17:27 PM IST

GST pulls down India Inc net by 15.7% to Rs 87,475 crore in Q1

According to an analysis of 2,108 companies by credit rating agency Care Ratings, the corporate net profits stood at about Rs 1.04 lakh crore in April-June period of 2016-17.

Aug 21, 2017, 16:34 PM IST

GST to enable brand licensing industry to grow in India

Brand licencing is basically renting the brand to an industry manufacturer or retailer to use it for promoting their own products in the potential market. 

Aug 20, 2017, 17:19 PM IST

Govt extends GST return filing date to August 25

In a statement, the finance ministry said: "The GST Implementation Committee, consisting of state and central government officers, has taken a decision to extend the last date for payment of GST for July 2017 to August 25, 2017."

Aug 19, 2017, 19:36 PM IST

GST impact: India Inc profits dip 11% in Q1'FY18 on destocking

According to the global brokerage firm, GST, which was executed on July 1, adversely affected net profits growth for the first quarter of the current fiscal, with companies in the materials, consumer discretionary sharing bulk of the burden.

Aug 18, 2017, 19:21 PM IST

Form to claim past credit under GST expected from Saturday onwards

These taxpayers will, however, have to pay taxes by August 20 on the portal of the GST Network (GSTN)- the IT infrastructure provider for the new indirect tax regime.

Aug 18, 2017, 15:44 PM IST

Modi govt's landmark economic reforms since last Independence Day

These historic reforms stunned the people nation-wide. Not only it gave new heights to Indian economy but also paved way towards global recognition.

Aug 15, 2017, 17:44 PM IST

Petroleum products will not be brought under GST: MP Finance Minister

However, the minister, who admitted that the rate of tax (VAT and entry tax) on petroleum products in the state is on the higher side also gave a justification for it.

Aug 12, 2017, 19:16 PM IST

'Number of slabs in GST will be reduced later'

Defending the different slabs, he said the central government was trying to introduce the new tax system with the consent of states and did not want to impose it.

Aug 12, 2017, 15:35 PM IST

Indian workforce prefers to be entrepreneurs: Survey

According to the Randstad Workmonitor survey, 83 percent of the Indian workforce would like to be an entrepreneur, higher than the global average of 53 percent.

Aug 09, 2017, 14:32 PM IST

Govt notifies timeline for filing of tax returns under GST

The GST Council, chaired by Finance Minister Arun Jaitley and comprising state counterparts, had in June allowed businesses extended timeline for filing final GST returns in forms GSTR-1, GSTR-2 and GSTR-3 for July and August.

Aug 09, 2017, 13:49 PM IST

Get ready for first filing deadline, GST chief says

Navin Kumar, chairman of the GST Network, also said barely half of the 34 service providers accredited to help firms bulk-file invoices online had received approval to go live.

Aug 09, 2017, 13:10 PM IST

GST will promote transparency, corruption-free business environment: Piyush Goyal

Apart from being a session to deliberate upon the GST, it was also aimed at empowering women and enhancing their knowledge on the subject.

Aug 08, 2017, 17:44 PM IST

Social damages might have more lasting impact on economy than wrong policies: Kaushik Basu

"Social damages to an economy can take much longer to correct than demonetisation or a wrong economic move that can be corrected," he said.

Aug 05, 2017, 14:30 PM IST

Cabinet gives ex-post facto nod for GST rollout in J&K

The Cabinet on Wednesday gave ex-post facto approval for amendment to the Constitution to allow implementation of GST in Jammu and Kashmir.

Jul 26, 2017, 20:30 PM IST

Bajaj plans to add Thailand to its export market list

Commenting on the domestic sales, he said the market would continue to see "turbulence" in August with GST implementation going on and the market would only stabilise in September.

Jul 23, 2017, 11:42 AM IST

Office space leasing down 2% in top 7 cities during Jan-June

"The gross office take-up amounted to 9.6 million sq ft in Q2 2017 representing a nominal 2 percent increase quarter- on-quarter from 9.3 million sq ft," Colliers India said in a statement.

 

Jul 11, 2017, 17:53 PM IST

Jobs may be created to support GST implementation

The two-day 13th India Innovation Summit with the theme, The New Wealth of Nations Innovation and Intellectual capital will begin here on July 13.

Jul 07, 2017, 19:46 PM IST

Reflect price revision post GST via stickers till Sep 30: Govt

Clearing the air on unsold stocks of goods post GST implementation, the government on Tuesday allowed use of stickers with revised rates, alongside the printed MRP for pre-packaged items, for three months to reflect changes in selling price.

Jul 04, 2017, 17:53 PM IST

About 2 lakh new registrations done on GST Network, 39,000 already approved: Revenue Secretary

A central monitoring committee, comprising of 15 top secretaries, will meet every Tuesday to take stock of the situation.

Jul 04, 2017, 17:48 PM IST