• 

  Revised GST rates: Here’s what becomes cheaper, check full list

  Business | November 11, 2017 13:42 IST

  The move was welcomes by the India Inc. which said that the ‘big changes in the GST rates’ will lead to a pickup in consumer demand and significantly revive the business sentiment.

• 

  GST Council relaxes return filing norms, slashes late fee

  Business | November 11, 2017 13:35 IST

  Till March, businesses with a turnover of over Rs 1.5 crore will have to file only GSTR-1 or sales returns by 40th day of the end of the month. This will be in addition to initial GSTR-3B returns.

• 

  Retention of cement in 28pc GST slab unfortunate: Cement body

  Business | November 11, 2017 13:24 IST

  CMA President Shailendra Chouksey said the retention of the cement in the 28 per cent GST bracket, along with luxury items such as washing machines and air conditioners, is quite unfortunate.

• 

  Indian corporate houses welcome reduction in GST tax rates

  Business | November 11, 2017 13:06 IST

  Industry body Assocham's Secretary General D.S. Rawat said that the "big changes in the GST rates" will lead to a pickup in consumer demand and significantly revive the business sentiment.

• 

  Ahmedabad businessman moves Gujarat HC against GST Council meet, decisions

  India | November 11, 2017 12:56 IST

  At yesterday’s meeting, GST Council decided to slash tax slabs for 178 items from 28 per cent to 18 per cent. It will be applicable from 15th of this month.

• 

  GST Council removes 178 items from 28% slab, only 50 left; PM says ‘decisions people-centric’

  Business | November 10, 2017 23:36 IST

  Currently, 12 per cent GST on food bill is levied in non-AC restaurants and 18 per cent in air-conditioned ones. All these got input tax credit, a facility to set off tax paid on inputs with final tax.

• 

  Jaitley on 23rd GST Council Meet: '178 items moved from 28% to 18% slab, restaurants flat at 5%; real estate discussion in next meet'

  Business | November 10, 2017 19:54 IST

  Earlier in the day, the GST Council decided to reduce tax rate on a wide range of mass use items - from chewing gums to detergents -- to 18 per cent from current 28 per cent.

• 

  Sensex gains 63 points to close at 33,314 on GST push, but suffer weekly loss

  Business | November 10, 2017 17:37 IST

  For the week, the Sensex recorded a fall of 371 points, or 1.10 per cent, and the NSE Nifty 130.75 points, or 1.25 per cent.

• 

  GST council likely to slash tax on 80% items of top rate slab: Sushil Modi

  Business | November 08, 2017 23:06 IST

  Sushil Modi, who also holds the finance portfolio, was interacting with representatives of associations formed by traders involved in businesses like food, textiles, consumer goods, real estate etc.

• 

  GST Council to consider slashing tax on common use goods in November 10 meeting

  Business | November 05, 2017 13:49 IST

  GST Council may consider lowering tax rates on a host of goods such as handmade furniture, plastic products and daily use items like shampoo, and simplify return filing rules in its meeting this week.

• 

  PM Modi hints at more measures for businesses on GST next week

  Business | November 04, 2017 23:17 IST

  The GST Council had announced several measures to ease problems faced by businesses last month.

Advertisement
• 

  ‘Rapid policy changes’ to blame, says Infosys, as traders seek CBI probe over GSTN glitches

  Business | November 03, 2017 10:52 IST

  The CAIT has also sought a third party audit into technical and other issues related to the GSTN portal.

• 

  Eating out to cost less? GST Council plans flat 12 per cent rate on all eateries

  Business | October 18, 2017 13:17 IST

  According to media reports, a proposal to fix the GST rate at a flat 12 per cent on all restaurants will be presented before the Council when it meets on November 9 and 10 in Guwahati.

• 

  Changes have made GST 'even simpler': PM Modi

  National | October 06, 2017 23:55 IST

  The changes were made three months after rollout of the new indirect tax regime.

• 

  GST repackaged: Measures announced to ease concerns of traders, rates on 27 items slashed

  Business | October 07, 2017 7:28 IST

  Arun Jaitley made the announcements after a day-long 22nd meeting of the GST Council that took note of the difficulties faced by various businesses.

• 

  22nd GST Council meeting: Here are the key decisions taken on Oct 6

  Business | October 06, 2017 22:35 IST

  The GST Council, headed by FM Arun Jaitley, also allowed traders with turnover less than Rs 1.5 crore to file return quarterly.

• 

  GST Council approves Rs 1 crore threshold for Composition Scheme

  Business | October 06, 2017 19:54 IST

  The 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.

• 

  Sensex zooms 222 points, Nifty near 10K on GST meet outcome hopes

  Business | October 06, 2017 19:22 IST

  Positive global cues tracking another record close on Wall Street on account of buoyant US data and hopes for tax reform too helped the domestic rally.

• 

  GST Council meet: Quarterly return for up to Rs 1.5cr turnover, composition threshold now at Rs 1 cr, says Jaitley

  Business | October 06, 2017 20:57 IST

  GST 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%.

• 

  GST Council meeting: From reduced GST slabs to simplifying procedures, 10 relief measures to expect today

  Business | October 06, 2017 15:56 IST

  The 22nd meeting of the Council comes on the back of promises made by PM Narendra Modi to remove glitches in the GST.