States may gain Rs 350-450 billion in revenue post GST: StanChart
States can look at a higher revenue of Rs 350-450 billion after GST implementation in mid-2017, says a Standard Chartered report.
May 30, 2017, 13:26 PM IST
Cess to yield Rs 55,000 crore in first 9 months of GST rollout
The Centre expects to mop up as much as Rs 55,000 crore by levy of cess, including a big chunk from demerit and luxury goods, during the 9-month period of the current fiscal after the Goods and Services Tax (GST) is rolled out from July 1.
May 29, 2017, 15:37 PM IST
GST will help in evolving India as tax-compliant society: FM Jaitley
The Goods and Services Tax, to be rolled out in just over a month, will not only check evasions but also help India evolve as a more tax-compliant society, Finance Minister Arun Jaitley said on Monday.
May 29, 2017, 15:06 PM IST
Government may reconsider GST rate on hybrid cars
The GST and cess levied on hybrid cars will make them significantly more expensive than before.
May 29, 2017, 13:43 PM IST
Revenue dept sets up twitter handle to answer GST queries
With just over a month left for GST implementation, the revenue department on Sunday started a new twitter handle to answer industry queries related to the new indirect tax regime.
May 28, 2017, 20:52 PM IST
Various tax slabs under GST worry traders: CAIT
Classification of different items under various tax slabs of GST has created an environment of anxiety and concern among the trading community across the country, Confederation of All India Traders said on Sunday.
May 28, 2017, 19:25 PM IST
Poor show by banks, private investors challenge to growth: Arun Jaitley
Union Finance Minister Arun Jaitley on Saturday said that poor performance by private investors and banks still remains a challenge for the Indian economy.
May 27, 2017, 20:57 PM IST
Nagaland Assembly passes State GST Bill
The Nagaland Assembly on Saturday joined the rest of the country in passing the Goods and Services Tax (GST) Bill.
May 27, 2017, 16:38 PM IST
GST Bill passed in Himachal Pradesh Assembly
The `revolutionary` Goods and Services Tax (GST) Bill was passed by the Himachal Pradesh State Assembly on Saturday, further paving the way for its roll out on July 1.
May 27, 2017, 16:32 PM IST
Cut prices, pass GST benefits to customers: Govt tells telcos
The finance ministry on Friday asked telecom companies to rejig costs and lower prices to pass on the benefits of tax rate reduction under GST to customers from July.
May 26, 2017, 19:14 PM IST
GST will lead to more organised logistics sector: Icra
The Goods and Service Tax (GST) rollout is likely to improve the flow of goods on account of reduction in turnaround time as VAT related check posts will be removed. Rating agency ICRA said on Friday.
May 26, 2017, 18:12 PM IST
India gold demand drops off as buyers await new tax regime
Gold demand in Asia tapered off this week as buyers took to the sidelines in India to await a new national tax policy and as China entered a seasonal slowdown.
May 26, 2017, 17:46 PM IST
GST Bill unanimously approved in Tripura
On the concluding day of the three-day session of the Tripura Assembly on Thursday, the Left-ruled state approved the Goods and Services Tax (GST) Bill unanimously by voice vote.
May 26, 2017, 16:02 PM IST
Taxmann recognised as GST Suvidha Provider by Govt. of India
Leading publisher of tax and corporate laws in India Taxmann.com has announced its recognition as the Goods and Services Tax Suvidha Provider (GSP) by the Government of India.
May 25, 2017, 11:14 AM IST
GST from July 1: Know how the new tax regime will make these things cheaper
Know how GST, which is scheduled to be rolled out from July 1, will make several commodities including packaged cement, medicaments, smartphones and medical devices cheaper.
May 23, 2017, 13:20 PM IST
Entertainment, cable, DTH to attract lower taxes under GST
Taxation on entertainment, cable and DTH services shall come down under the Goods and Services Tax regime as the 'entertainment tax' levied by states has been subsumed in the GST, the government said on Tuesday.
May 23, 2017, 12:40 PM IST
GST to have minimal impact on CPI Index: Morgan Stanley
The Goods and Services Tax (GST) is likely to have minimal direct impact on the consumer price index (CPI) basket, a report said.
May 22, 2017, 16:00 PM IST
Maharashtra Assembly passes State GST Bill
The Maharashtra Assembly passed unanimously the State Goods and Services Tax (GST) Bill Monday, the last day of a special session of the state Legislature.
May 22, 2017, 14:32 PM IST
Clamour grows to bring petroleum under GST; J&K fires 1st salvo
Now that GST rates for over 500 services and 1,200 goods have been finalised, the clamour to get petroleum products in the Goods and Services Tax (GST) net is growing, with the first salvo being fired by Jammu and Kashmir.
May 22, 2017, 14:08 PM IST
GST rollout: How India's biggest tax reform will impact car prices
GST impact on car prices: Should you buy a new car now or after GST is rolled out?
May 22, 2017, 12:01 PM IST
