Goods And Services Tax
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Govt asks businesses to register under GST by July 30
Jul 15, 2017, 06:00 PM ISTBusinesses with turnover of up to Rs 20 lakh (Rs 10 lakh in special category states) are exempt from GST.
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Ensure all traders register under GST by August 15: PM Modi to Chief Secretaries
Jul 12, 2017, 06:39 PM ISTPrime Minister Narendra Modi today asked all Chief Secretaries to work expeditiously towards ensuring that all traders register under the GST regime before August 15, a PMO statement said.
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Passenger vehicle sales see sharpest dip in 51 months over GST fears
Jul 11, 2017, 07:40 PM ISTAccording to data released by the Society of Indian Automobile Manufacturers (SIAM), passenger vehicle sales declined by 11.21 per cent to 1,98,399 units in June from 2,23,454 units in the same month last year.
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Centre did not play big brother role in fixing GST rates: Sitharaman
Jul 08, 2017, 08:23 PM ISTAccording to Nirmala Sitharaman, GST rates were fixed by following the revenue-neutral philosophy.
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Arun Jaitley launches app to help users verify GST rates
Jul 08, 2017, 03:41 PM ISTThe app, which is now available on android platform, will soon be available on iOS platform too.
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Will ensure that GST rates on bio diesel are reduced: Dharmendra Pradhan
Jul 07, 2017, 10:47 PM ISTPiyush Goyal added that it was after 2014, when Narendra Modi led government assumed office that the green energy and bio fuel received wings.
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J&K adopting GST big success for nation's democracy: CM Mehbooba Mufti
National | Jul 07, 2017, 09:58 PM ISTMehbooba thanked the President and the Prime Minister for safeguarding the aspiration of the people of Jammu and Kashmir and caring for their sensitivities.
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GST: Failure to display revised MRP on products to attract jail term, Rs 1 lakh penalty
Jul 07, 2017, 08:11 PM ISTConsumer Affairs Minister Ram Vilas Paswan said that a committee has been set up to address consumer grievances on GST and helplines have been increased to 60 from 14 to address tax-related querries.
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Threat of GST unravelling if states follow TN's additional levy: Yashwant Sinha
Jul 06, 2017, 02:05 PM ISTSinha warned of an imminent threat of indiscipline among states, if they follow TN in their desire to earn more revenue. TN has levied an additional 30% entertainment tax along with the 28% GST.
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Renault India cuts vehicle prices by up to 7 pc
Jul 06, 2017, 09:57 AM ISTAutomobile major Renault India on Wednesday announced that it has reduced the prices of its vehicles by up to seven per cent to pass on the benefits of the Goods and Services Tax (GST) rates to customers.
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Keeping close watch on price, supply of goods post GST: Govt
Jul 04, 2017, 05:40 PM ISTOn the issue of registration for the GST, he said about two lakh new registrations have been done since the registration reopened last week. Of these, 39,000 have already been approved.
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Credit card bill payment exempt from cash dealing limit
Jul 04, 2017, 04:15 PM ISTThe Finance Act 2017 banned cash transaction of Rs 2 lakh or above with effect April 1, 2017.
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Subsidised LPG rate hiked by up to Rs 32 per cylinder post GST
Jul 04, 2017, 03:40 PM ISTSubsidised LPG rates have been increased to Rs 477.46 per 14.2-kg cylinder from Rs 446.65 in Delhi after GST was implemented from July 1.
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Congress demands roll back of GST on domestic LPG
National | Jul 04, 2017, 02:38 PM ISTLPG has been placed in the lowest 5 per cent GST bracket, the other rates in the new indirect tax structure being 12, 18 and 28 per cent.
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GSTN launches excel-based form for easier filing of GST returns
Jul 03, 2017, 02:06 PM ISTThe Microsoft Excel-based template is part of GST Council's approach to make tax compliance highly easy and convenient for taxpayers and also reduce the time of compliance to improve ease of doing business
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With no GST breather, ready-to-move-in flats to cost more
Jul 02, 2017, 12:25 PM ISTUnder GST, the effective tax on under-construction projects has gone up to 12 per cent, which is an increase of 6.5 per cent.
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GST rollout to create one lakh jobs in three months, says Union Minister
Jul 02, 2017, 07:10 AM ISTAround 150 GST Seva Kendras were set up and a manual which contains complete information was also made available to help the traders, he said.
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E-commerce players offer 'GST bonanza discount'
Jul 02, 2017, 07:02 AM ISTWith the country's much-awaited the Goods and Services Tax (GST) reform in action, e-commerce players are optimistic that more tax benefits will come in within the new tax regime, which will be shared with the consumers.
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3 lakh cos under suspicion post-demonetisation, 37,000 shell cos identified, says PM Modi
Jul 01, 2017, 08:30 PM ISTPrime Minister Narendra Modi is addressing a gathering of trader associations, chartered accountants, various chambers of commerce and industry and business people at the Indira Gandhi Indoor Stadium here.
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'GST Doosri Azadi': Ready to explain GST to Rahul, but he should come back to India, says Piyush Goyal
Jul 01, 2017, 06:28 PM ISTThe GST, India's biggest tax reform since Independence, was rolled out past midnight Friday at a gala event organised in the Parliament's Central Hall.