Goods And Services Tax
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GSTR-1 forms: Despite two-month suspension, 25 lakh taxpayers skipped Oct 10 deadline to file returns for July
Business | Oct 11, 2017, 08:05 PM ISTWhile GSTN has estimated that nearly 80 crore invoices would be uploaded every month for filing GSTR-1, less than half (35.5 crore) had been uploaded till last Friday.
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GST regime brings new cash management system for govt expenses
Business | Oct 11, 2017, 05:22 PM ISTIn a circular, the home ministry said the revised cash management system, formulated by the Ministry of Finance, has to be followed in view of the changes in tax receipt under the GST regime.
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Reforms undertaken by govt have put Indian economy on stronger track: Arun Jaitley
Business | Oct 11, 2017, 04:28 PM ISTJaitley said that some of these steps like the demonetisation, the GST can have a transient impact on manufacturing for a quarter or so. But in the long run, these are institutional reforms and structural changes.
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Petroleum dealers on nationwide strike on October 13
Business | Oct 07, 2017, 07:20 PM ISTUPF has announced nationwide strike of dealers on October 13 to press for various demands including better margins and inclusion in GST.
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WB: Goods transporters to observe 'chakka jam' on October 9, 10 against GST
Business | Oct 07, 2017, 05:01 PM ISTGoods transport associations in West Bengal will observe 36-hour 'chakka jam' across the state from 8 am of October 9 till 8 pm of October 10.
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Govt wasted GST chance to put India on growth path: Congress
National | Oct 07, 2017, 04:30 PM ISTCongress said that the stark truth is that the GST rate is now the highest in the world.
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Modi in Gujarat: With GST relief, Diwali has arrived early, says PM
India | Oct 07, 2017, 11:35 PM IST"Diwali has come early for our citizens due to the decisions taken in the GST Council. Had already stated earlier that we would look into GST for three months and make changes, mend loopholes as per the experience," PM Modi said.
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Changes have made GST 'even simpler': PM Modi
National | Oct 06, 2017, 11:55 PM ISTThe changes were made three months after rollout of the new indirect tax regime.
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GST repackaged: Measures announced to ease concerns of traders, rates on 27 items slashed
Business | Oct 07, 2017, 07:28 AM ISTArun Jaitley made the announcements after a day-long 22nd meeting of the GST Council that took note of the difficulties faced by various businesses.
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22nd GST Council meeting: Here are the key decisions taken on Oct 6
Business | Oct 06, 2017, 10:35 PM ISTThe GST Council, headed by FM Arun Jaitley, also allowed traders with turnover less than Rs 1.5 crore to file return quarterly.
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GST Council approves Rs 1 crore threshold for Composition Scheme
Business | Oct 06, 2017, 07:54 PM ISTThe Rs 1 crore threshold in the Composition Scheme has been approved also by the GST Council members, sources said here on the sidelines of its ongoing meeting.
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GST Council meet: Quarterly return for up to Rs 1.5cr turnover, composition threshold now at Rs 1 cr, says Jaitley
Business | Oct 06, 2017, 08:57 PM ISTGST Council raised the threshold limit for Composition Scheme to Rs 1 cr from the current Rs 75 lakh to ease tax filing for small traders. Under the Composition Scheme, traders have to pay a fixed tax rate between 1-5%.
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Goods and Services Tax (GST) Council meet today
Politics | Oct 06, 2017, 10:07 AM IST -
India cannot afford multiple taxes, says Union Minister Hardeep Singh Puri
Business | Oct 04, 2017, 10:09 PM ISTThe Housing and Urban Affairs Minister said the "dislocation" should be seen against the "permanent long-term tangible benefits" of GST.
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'Ready to make changes in GST to resolve traders' problems' | Top 10 quotes from PM Modi's speech at ICSI
National | Oct 04, 2017, 07:53 PM ISTRefuting criticism of his government's handling of the economy, PM Narendra Modi said that during the previous UPA regime, economy was below 5.7 per cent eight times.
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Adverse impact on manufacturing, may delay investment revival: RBI on GST implementation
Business | Oct 04, 2017, 05:41 PM ISTRolled out from July 1, GST has unified over a dozen local taxes including excise, service tax and VAT, and has transformed India into a single market for seamless flow of goods and services.
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Deadline to sell pre-GST goods extended till December 31
Business | Sep 30, 2017, 05:38 PM ISTThe earlier deadline was September 30. The revision came after several requests from the industry and retailers to extend the deadline for some more time.
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Petrol, Diesel under GST: In politics vs economics, govt walking a tight rope
Business | Sep 27, 2017, 03:54 PM ISTBringing petroleum products under GST may lead to petrol and diesel prices falling by as much as Rs 31 in Delhi.
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GST collections for August drop 3.6 pc to Rs 90,669 cr, signal compliance woes
Business | Sep 27, 2017, 09:59 AM ISTCompliance for the month stood at 55 per cent, down from around 65 percent last month.
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Sushma Swaraj at UNGA: Demonetisation a courageous decision to challenge black money
World | Nov 03, 2017, 02:58 PM ISTPrime Minister Modi on November 8, 2016, demonetised Rs 500 and Rs 1,000 notes in a bid to clamp down on black money, fake currency menace, terror funding and corruption.