Goods And Services
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GST rejig: Tax rates changed for some goods and services, here's what gets cheaper and costlier
Business | Oct 19, 2024, 09:18 PM ISTGoods and Services Tax is a four-tier tax structure with slabs at 5, 12, 18 and 28 per cent. Under GST, essential items are either exempted or taxed at the lowest slab, while luxury and demerit items attract the highest slab. Luxury and some goods attract cess on top of the highest 28 per cent
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Government working on Special Economic Zone reforms: Commerce Secretary
Business | Jan 27, 2024, 06:12 PM ISTThe reforms will ensure the unhindered movement of goods between the special economic zones and domestic tariff area, maintaining the competitiveness of the produced goods.
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GST revenue collection for October 2023 marks significant growth, surpassing Rs. 1.72 lakh crore
Business | Nov 01, 2023, 03:39 PM ISTIn October 2023, India's Goods and Services Tax (GST) collection reached an impressive ₹1.72 lakh crore, marking the second-highest collection ever recorded, with a remarkable year-on-year growth of 13%.
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EXPLAINED: What is GST Compensation Cess and how to calculate it?
Business | Jul 07, 2023, 02:42 PM ISTThe Compensation Cess was supposed to end on June 30, 2022, five years after the introduction of the single tax on July 1, 2017, but the Indian government extended it until March 31, 2026.
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GST collection in March 2023 rises to over Rs 1.60 lakh crore
Business | Apr 01, 2023, 08:15 PM ISTGST collection March 2023: It is for the fourth time, in the current financial year, that the gross GST collection has crossed Rs 1.5 lakh crore mark, registering second highest collection since implementation of GST. This month witnessed the highest IGST collection ever.
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Pre-filled GST return form soon: GSTN CEO Prakash Kumar
Business | Sep 21, 2020, 02:44 PM ISTGSTN, which handles the IT backbone for Goods and Services Tax (GST) has already started providing tax liability data based on sales return GSTR-1 of the taxpayer to be used in his tax payment form GSTR-3B in pdf form.
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Won't allow BJP to impose ‘Gabbar Singh Tax’ on India, says Rahul Gandhi
National | Nov 10, 2017, 06:51 PM ISTRahul Gandhi said that the government cannot break the back of small and medium size enterprises in the country, crush the informal sector and destroy millions of jobs.
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PM Modi hints at more measures for businesses on GST next week
Business | Nov 04, 2017, 11:17 PM ISTThe GST Council had announced several measures to ease problems faced by businesses last month.
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US to launch talks on free trade in environmental goods and services
World | Jun 26, 2013, 06:15 PM ISTWashington, June 26: The United States will launch negotiations toward global free trade in environmental goods and services, including clean energy technology, for a low-carbon world economy, President Barrack Obama has announced.Also, the US will