Browsing Tag
Goods and Services Tax
145 posts
Nationwide Shutdown Against Fuel Prices Hike, Goods And Services Tax
Bharat Bandh Updates: Demonstrations are expected to take place across 1,500 towns and cities, the association said.
GST monthly collection crosses Rs 1 lakh crore first time in FY21
GST revenue collections in October 2020 were Rs 1,05,155 crore, crossing the Rs 1 lakh crore mark for the first time after February 2020.
COVID lockdown proved a death sentence for unorganised sector: Rahul Gandhi
'Lockdown was not an attack on coronavirus, it was an attack on the poor of India'
Deadline for filing GST return for March-May extended till June
New Delhi, March 24 : The Finance Ministry on Tuesday announced the extension of the deadline for filing…
It’s for Sitharaman to put petrol, diesel on GST Council agenda: Amit Mitra
He also asked Sitharaman to bring the matter on the council's agenda if she was interested in bringing petrol and diesel under GST.
‘Traditional wholesale lost half its revenue share post DeMo, GST’
Mumbai, Nov 13 : A report on consumer goods distribution channels has revealed that while modern trade and…
After tax cuts, GST Council reduces rates on various items
The key sectors which would benefit from GST rate cuts are hotels, gems & jewellery, defence and automobiles.
Nil GST rate on hotel room rent upto Rs 1k
GST council meeting Live updates: All eyes are on GST council's meeting in Goa after the government announced slashing corporate taxes.
Aadhaar compulsory for new dealers from January
Bengaluru, Sep 15 : Verification of the unique identification number (Aadhaar) would be compulsory for new dealers from…
April GST collection peaks at Rs 1.13 lakh crore
New Delhi, May 1: Goods and Services Tax (GST) collection rose 10.05 per cent to Rs 1,13,865 crore…
Foolishness of demonetisation was not done by anyone in 70 years: Rahul
Raebareli, April 27: Congress president Rahul Gandhi on Saturday targeted the Narendra Modi government over demonetisation and the…
Will simplify GST and implement a single, minimum tax: Rahul
Srinagar, April 6: Congress President Rahul Gandhi on Saturday vowed to simplify Goods and Services tax (GST) and…
Traders urge for ‘friendly GST’ in 2019
Kolkata, Jan 1 :Urging for a “friendly GST” in the New Year, the trading community in the country…
GST collections slip to Rs 94,726 crore in December
New Delhi, Jan 1: Revenue collection under the Goods and Services Tax (GST) fell for the second straight…
Karnataka CM seeks extension of GST compensation till 2025
New Delhi/Bengaluru, Dec 27: Karnataka wants the Central government to extend compensation of the Goods and Services Tax…
Chidambaram raises questions over change in ‘declared goals’ of GST regime
New Delhi, Dec 26: Launching an attack on the Modi government, former finance minister P Chidambaram on Wednesday…
Check here Revised GST Rates !
New Delhi, Dec 22: The Goods and Services Tax Council on Saturday decided to revise rates of 88 items including…
GST Council Meeting: Six items removed from 28% slab rate
New Delhi, Dec 22: The Goods and Services Tax (GST) Council on Saturday held its 31st meeting at Vigyan…
P Chidambaram calls BJP’s 8 tax rates under GST ‘stupid’
New Delhi, Dec 21: Senior Congress leader P. Chidambaram on Friday termed the BJP government’s eight tax rates…
PM Modi now implementing Congress suggestion on GST: Rahul Gandhi
New Delhi, Dec 20: Calling the Goods and Services Tax (GST) “Gabbar Singh Tax” again, Congress President Rahul…
GST on recycled construction waste products to be reduced to 5 per cent
New Delhi, Dec 18 (IANS) In a bid to promote reuse of debris generated by the construction industry,…
Rajan blames Modi , says Demonetisation, GST held back India’s economic growth
Washington, Nov 10 : Former RBI Governor Raghuram Rajan openly criticized the two major decisions viz Demonetoisation and…
Delhi government’s GST Assistant Commissioner arrested
New Delhi, Nov 6: The Central Bureau of Investigation (CBI) on Tuesday arrested an Assistant Commissioner of the Goods…
GST collections cross Rs 1 lakh crore mark
New Delhi, Nov 1 : Revenue collections under the Goods and Services Tax (GST) crossed the Rs 1…
Deadline for filing September GSTR-3B return extended till Oct. 25
"With a view to give some more time for the same, the last date for furnishing GSTR-3B for the month of September, 2018 is being extended up to 25th October, 2018," a CBIC tweet said.
Fuel prices: Modi resorting to poll gimmicks, says Congress
He said measures are not being taken to provide relief to people and demanded that petrol and diesel should be brought under the Goods and Services Tax (GST).
Arvind Subramanian to spill the beans on ‘Modi-Jaitley Economy’ in new book
The government’s former Chief Economic Advisor (CEA), Arvind Subramanian, will open up about his tenure, which saw the…
Rahul Gandhi asks PM Modi to bring petrol, diesel under GST regime
New Delhi, Oct 5 : Congress President Rahul Gandhi on Friday has asked Prime Minister Narendra Modi to…
GST has hit the private security industry badly
The industry cannot sustain heavy losses for long and expects positive action from the government -- replacing the existing 18 per cent GST with a five per cent levy.
GST collection slides below Rs 94,000 crore
New Delhi, Sep 1 (IANS) Revenue collection under the Goods and Services Tax (GST) dropped to Rs 93,960…
GST Council constitutes Panel to tackle MSME’s issues
New Delhi, Aug 4: Union Minister Piyush Goyal on Saturday said the issues related to Micro, Small and Medium…
GST collection rises to Rs 96,483 crore
New Delhi, Aug 1: Revenue collection under the Goods and Services Tax (GST) crossed the Rs 95,000 crore mark…
Sensex hits record high as GST cuts boost sentiments; banking, FMCG stocks rise
Mumbai, July 23: The benchmark BSE Sensex hit a fresh all-time high of 36,749.69 points towards the fag end…
On GST roll-out anniversary, Congress calls it ‘Grossly Scary Tax’
New Delhi, June 30 (IANS) As the Goods and Services Tax (GST) roll-out completes one year on July…
Sushil Modi rules out bringing petrol, diesel under GST
New Delhi, June 29: GST Council Member and Bihar Deputy Chief Minister Sushil Modi on Friday outright ruled out…
Some gain, some pain for realty under new taxation regime
Home buyers who had pinned high hopes on GST for reduction in property prices are disappointed as the overall cost of a property purchase has not come down -- rather, in some cases, it has gone up.
One year of GST: Long way to go for a simple, uniform tax regime
GST is a very huge and complex exercise and one has to be honest that it could be implemented better and the details could have been (better) thought through," According to NITI Aayog Vice Chairman Rajiv Kumar
With 90% tax on petrol & diesel, bringing them under GST impractical: NITI Aayog VC
New Delhi, June 25: Petroleum is the taxation milch cow for the central and the state governments and it…
Truckers begin indefinite nationwide strike against rising diesel prices
New Delhi, June 18: Truck owners and operators launched an indefinite nationwide strike on Monday against increasing diesel…
GST Impact: Thousands to lose jobs as Tamil Nadu industries face closure
Chennai, June 9 : Thousands of workers employed in small and medium industries in Tamil Nadu are facing the…
Jaipur jewellers face crippling cash crunch, courtesy Nirav Modi and demonetisation
He suggested steps like direct access of consumers to wholesailers through exhibitions and internet selling which would also reduce intermediate trade margins, thus helping sales.
Fadnavis should ask Modi govt to bring fuel prices under GST: Chidambaram
New Delhi, May 25: Day after Maharashtra Chief Minister Devendra Fadnavi said bringing petrol and diesel under GST…
Petroleum products should come under GST: IOCL Chairman
New Delhi, May 22: Indian Oil Corporation Limited (IOCL) Chairman Sanjiv Singh on Tuesday stressed on bringing petroleum products…
GST on langar: SGPC writes to centre again, gets no response
Amritsar, May 10: The Shiromani Gurudwara Parbandhak Committee (SGPC) wrote a letter to the central government, seeking exemption…
April gross GST revenue collection at over Rs 1 lakh crore
New Delhi, May 1: The total revenue collection under the Goods and Services Tax (GST) regime rose to…
‘Commercial space leasing up at 11 mn sq ft in Q1’
New Delhi, April 30 (IANS) Leasing activity in the commercial real estate segment rose 18 per cent on…
GST collection on upswing, close to Rs 90,000 cr: Adhia
New Delhi, April 2 (IANS) Revenue collection under the Goods and Services Tax (GST) increased by Rs 1,217…
Fuel price: Pradhan wants petroleum under GST
New Delhi, April 2 (IANS) Petroleum products should be brought under GST so that consumers can get the…
GST collection falls for second straight month to Rs 85,174 crore
New Delhi, March 27 (IANS) Revenue collection under the Goods and Services Tax (GST) fell for the second…
Demonetisation, GST massive damage to Indian economy: Rahul Gandhi
Mysuru. March 24: Congress president Rahul Gandhi on Saturday said demonetisation and implementation of the goods and services…
Punjab waives its share in GST on community kitchens
Chandigarh, March 21: Punjab Chief Minister Amarinder Singh on Wednesday announced waiver of the state government’s 50 per cent…
Indian GST system among most complex globally: World Bank
India currently has four non-zero rates: 5, 12, 18 and 28 per cent. Apart from that, several items are taxed at zero per cent while gold is taxed at 3 per cent. To make things worse, petroleum products, power and real estate have been kept outside the GST ambit.
Moody’s keep India’s growth forecast unchanged at 7.6%
New Delhi, Feb 28: Moody’s Investors Service has kept unchanged at 7.6 per cent the growth outlook for 2018…
GST collection dips marginally to Rs 86,318 crore in Jan
New Delhi, Feb 27: Revenue collections under the Goods and Services Tax (GST) fell marginally in January by Rs…
Jaitley’s last full Budget to be different due to GST
New Delhi, Jan 28: The last full Union Budget to be presented by Finance Minister Arun Jaitley in the…
2017 In Retrospect: Realty faces slowdown, up for recovery post RERA
By Bappaditya Chatterjee Kolkata : The real estate sector, which witnessed a slew of policy measures through the…
GST collections fall to Rs 80,808 cr in Nov
New Delhi, Dec 26: The total revenue collected under the Goods and Services Tax (GST) kept decreasing the second…
GST made 2017 most significant year for economy since Independence
The 70th year since Independence will go down in Indian history since the country switched over to the…
Telecom: Year of turmoil with bleeding balance-sheets under GST’s shadow
2017 In Retrospect New Delhi, Dec 18: It was a year of turmoil for the hyper-competitive Indian telecom…
12%, 18% GST rates can be merged to new slab, says Sushil Modi
Kolkata, Dec 8: Bihar Deputy Chief Minister Sushil Kumar Modi on Friday said the Goods and Services Tax (GST)…
Increasing cost pressure, GST pull services output down: PMI
Mumbai, Dec 5: Increasing cost pressure, along with the aftermath the Goods and Services Tax (GST), dragged the output…
Will BJP government be only for rich, asks Rahul
New Delhi, Dec 5 : As part of his strategy to put one question daily to Prime Minister Narendra…
Present GST is tax terrorism: Manmohan Singh
It was in your backyard in Dandi where the Mahatma decided to protest against the unjust British tax on salt.
Aware of political risks in my war against corruption: Modi
New Delhi, Nov 30: Prime Minister Narendra Modi on Thursday said opposition criticism won’t deter him from his government’s…
India needs ‘boom period’ to achieve 10% growth: Jaitley
New Delhi, Nov 30: Finance Minister Arun Jaitley on Thursday said the country will need a “boom period” like…
GST: October collections keep falling at Rs 83,346 cr
New Delhi, Nov 27: The total revenue collected under GST fell by around 10 per cent to Rs 83,346…
Vaghela’s Jan Vikalp fields 74 candidates
Ahmedabad, Nov 22: Jan Vikalp, the third front of Congress rebel and former Gujarat Chief Minister Shankersinh Vaghela, will…
Public ire forced BJP to slash GST rates, says Akhilesh Yadav
Lucknow, Nov 14: Launching a scathing attack on the central government, Samajwadi Party (SP) chief Akhilesh Yadav on…
GST caused temporary slowdown, India poised to recover: Assocham
New Delhi, Nov 12: Despite a temporary economic slowdown post implementation of the Goods and Services Tax (GST) in…
Won’t allow ‘Gabbar Singh Tax’: Rahul Gandhi
New Delhi, Nov 10: Congress Vice President Rahul Gandhi on Friday said his party will not allow the BJP-led…
India’s Q3 gold demand falls by 24% due to GST, anti-money laundering norms: WGC
New Delhi, Nov 9: Demand for gold in India for third quarter (July-September) 2017 was at 145.9 tonnes down…
Is doing business in India really easier now?
Prime Minister Narendra Modi’s efforts in building India’s global appeal for investors seems to have finally yielded returns…
No ease of doing business for SMSEs in India: Rahul
Jambusar (Gujarat), Nov 1 : Congress Vice President Rahul Gandhi on Wednesday attacked the Modi government for demonetization and…
Diwali was dim for fashion industry reeling under demonetisation, GST
By Nivedita New Delhi, Oct 31 : Style, it would appear, never goes out of fashion. But the passion…
PM Modi influencing CAG to escape blame for demonetisation, GST
Prime Minister Narendra Modi increased tax base by way of implementing demonetisation and now has influenced CAG to…
September GST collections touch Rs 92,150 crore: Govt
New Delhi, Oct 24: The government on Tuesday announced that India’s Goods and Services Tax (GST) collections in September totalled Rs…
GST rate structure needs rejig to cut burden on small businesses: Hasmukh Adhia
New Delhi, Oct 23: Nearly four months into the Goods and Services Tax (GST) roll out, Revenue Secretary Hasmukh…
Dhanteras 2017: GST dampens kitchenware sales by 30-40%
New Delhi, Oct 17: Dhanteras this year failed to usher in good luck for kitchenware sellers who witnessed 30-40…
Housing demand remains subdued, affordable segment to drive future growth
Kolkata, Oct 17: Notwithstanding the implementation of the Real Estate (Regulation and Development) Act, 2016 (RERA), and the…
Bring real estate sector under GST: Sisodia to Jaitley
New Delhi, Oct 15: Real estate sector should be brought under the ambit of the Goods and Services Tax…
Chennai multiplexes strike against double taxation on tickets
Chennai, Oct 3: Chennai Multiplexes went on strike on Tuesday in protest against the levying of an additional tax…
Those demanding development must be ready to compromise says Arun Jaitley
New Delhi, Oct 1: While addressing at the “Foundation Day” event organized by National Academy of Customs, Indirect Taxes and…
Jaitley meets exporters, traders to review GST issues
New Delhi, Sep 28: Union Finance Minister Arun Jaitley on Thursday met representatives of traders and exporters for feedback…
Demonetisation added fuel to the fire in declining GDP: Yashwant Sinha
New Delhi, Sep 27, 2017: Former Finance Minister and senior BJP leader Yashwant Sinha launched a scathing attack…
ADB lowers India’s growth forecast to 7% in 2017-18
New Delhi, Sep 26: The Asian Development Bank (ADB) on Tuesday lowered India’s growth forecast to 7 per…
Odisha loses Rs 525 cr post-GST: State Finance Minister
Bhubaneswar, Sep 25: Just in a span of two months post implementation of the Goods and Services Tax (GST)…
Extend GST return deadline by 2 months to resolve issues: CII
New Delhi, Sep 24: Industry chamber CII on Sunday said that in view of certain pending issues, the deadline…
Pradhan for petrol, diesel pricing under GST regime
Gandhinagar, Sep 23: Union Petroleum Minister Dharmendra Pradhan on Saturday batted for including petroleum products under the Goods and…
GST provisions creating Chaos, Confusions among entrepreneurs: GCCI
New Delhi, Sep 22: Gujarat’s noble body for trade and industry cautioned the state and centre, by saying…
Centre Wants Petrol, Diesel To Come Under GST: Dharmendra Pradhan
New Delhi, Sep 13: Union Petroleum and Natural Gas Minister Dharmendra Pradhan on Wednesday said the central government…
Left parties stage protest against GST meet
Hyderabad, Sep 9: Leaders and activists of the Left parties on Saturday tried to march towards the venue of…
PM Modi has proven Congress fears right and should quit
The Congress led opposition is beaming over the failure of Prime Minister Narendra Modi that has led to…
‘5%, 18% GST applicable on selling advertisement space in print’
New Delhi, Aug 23 : The government on Wednesday clarified that selling of space for advertisements in print…
‘Number of slabs in GST will be reduced later’
Kolkata, Aug 12: The number of tax slabs in the Goods and Services Tax (GST)regime would be reduced with…
Lok Sabha passes bills to extend GST to J&K
New Delhi, Aug 2: The Lok Sabha on Wednesday passed legislation to extend the Goods and Services Tax (GST)…
Bengal’s musical instrument makers unhappy with GST slab
Kolkata, Aug 1: The 28 per cent Goods and Services Tax (GST) on musical instruments has struck a discordant…
BRICS nations praises India’s GST reform
Beijing, July 28: India’s newly implemented Goods and Services tax has been praised and appreciated by the BRICS nations…
GST won’t impact growing Indian Smartphone market
London, July 25 : The overall smartphone demand in India will hit 234 million units in 2017, an increase…
GST Rollout : Council to take stock of the tax’s implementation today
New Delhi, July 17: More than two weeks into the goods and services tax regime, the GST Council will…
GST : Hostel fee in educational institutions exempted, says Government
New Delhi, July 13: Rebuffing reports that hostel fee charged by educational institutions will fall under 18 per cent…
Congress to stage protest against GST Rollout outside Parliament on July 18
New Delhi, July 12 : Opposition Congress will stage a protest against Goods and Services Tax over its current…
GST will prove as the last straw to break the back of Indian economy
Prime Minister Narendra Modi is trying to brand himself as a reformer by introducing and implementing a single…
New MRP should consider input tax credit under GST: Government
New Delhi, July 8: The government on Saturday said the new MRP on products manufactured, packed or imported before…
Education won’t become expensive under GST: Government
New Delhi, July 7 : Dismissing conjectures that education will become expensive under the Goods and Services Tax, the…
Jammu & Kashmir : GST likely to be implemented from Friday midnight
Srinagar, July 7: Goods and Services Tax (GST) regime is likely to be implemented in Jammu and Kashmir…
Jammu & Kashmir Assembly passes resolution on implementation of GST
Srinagar, July 5: Jammu and Kashmir Assembly today passed a resolution on implementation of the Goods and Services Tax after…
GST Rollout : Businesses remain shut in Srinagar against Single Tax
Srinagar, July 5 : Businesses remained closed in Jammu and Kashmir on Wednesday as traders and civil society members called…
Petrol cheaper by over Rs 2/litre, diesel by Re 1 since daily revision
New Delhi, July 3 : While petroleum is yet to come under the GST, since the dynamic pricing…
GST to reduce cost of manufacturing of domestic electronic components
New Delhi, July 3 : The domestic manufacturers of electronic components will benefit from the Goods and Services Tax…
GST : Myths and Facts
New Delhi, July 3 : The Goods and Services Tax (GST) reform finally implemented in the country. But…
GST effect: Automobile companies reduce prices
New Delhi/Mumbai, July 1 : Several automobile companies have reduced their vehicle prices after the rollout of the…
Confused about GST rates, many refrain from doing business
New Delhi/Noida, July 1 : After the countrywide launch of the Goods and Services Tax (GST) on Friday…
Watch: Gujarat Queen train TTE collects Rs 20 from each passengers after GST rollout
Gujarat, July 1: Gujarat Queen train TTE collected Rs 20 each from passengers after GST rollout, alleged passengers. The agitated…
GST effect: Tamil Nadu theatres to shut down from July 3
Chennai, July 1: The Tamil Nadu Film Chamber of Commerce on Friday announced an indefinite shutdown of theatres across…
GST effect: First class, air-conditioned train fares to rise
New Delhi, June 30 : Passengers travelling in first class and air conditioned trains will have to shell…
Delhi cloth traders in a quandary over GST, continue protests
New Delhi, June 30 : Wholesale cloth shops wore a deserted look in the national capital on Friday…
Government trivialising Parliament with self-promotional spectacle on GST: Congress
New Delhi, June 30 : The Congress, which is boycotting the midnight GST roll-out event, on Friday said…
Venkaiah Naidu urges Congress to join GST launch
New Delhi, June 30, 2017: Information and Broadcasting Minister M. Venkaiah Naidu on Friday again appealed to the…
Airlines demands better deal for economy class under GST Regime
June 30, Friday : Airlines are demanding better deals under the Goods and services regime for economy class citing…
GST primer: What new tax regime means for businesses and individuals
New Delhi, June 29 : The significance of Saturday’s roll out of the GST can be understood from…
GST is our ‘economic freedom’, says Anil Ambani
Mumbai, June 29 : Reliance Group Chairman Anil Ambani on Thursday described the Goods and Services Tax (GST)…
Congress to hold high level meeting over GST regime tomorrow
June 28, Wednesday : Congress will hold a high level meeting tomorrow to discuss party’s stand on Goods…
50,000 Delhi cloth shops down shutters to protest against GST
New Delhi, June 27 : Atleast 50,000 wholesale cloth shops were shut in the national capital on Tuesday to…
Gujarat realty market may see 80% slump owing to GST, RERA
Ahmedabad, June 22 : The Real Estate Regulatory Authority (RERA) and the Goods and Services Tax (GST) will…
Delhi : Traders shut shops to protest against GST regime
June 16, Friday: Wholesale markets were shut down in several places in Delhi such as Chandni Chowk, Karol Bagh…
Uttar Pradesh : Ministers to allay traders’ fears over GST
Lucknow, June 14 : The Uttar Pradesh Ministers will “explain the benefits of the all in one tax…
Arun Jaitley thanks political parties for making GST possible
New Delhi, June 8 : Union Finance Minister Arun Jaitley on Thursday thanked all political parties for their…
PM Modi reviews GST status, describes it as turning point
New Delhi, June 5 : Prime Minister Narendra Modi on Monday reviewed the status of Goods and Services…
Goa assembly to meet to pass GST Bill
Panaji, May 9: The Goa legislative assembly will sit for a special session on Tuesday to ratify the Goods…
Service tax to move up from 15% to 18% under GST: Hasmukh Adhia
New delhi, April 13: Services sector is likely to attract a higher tax rate of 18 per cent…
Will keep promise on Punjab farm loans: Congress
New Delhi, April 5 The Congress on Wednesday said its new government in Punjab will soon fulfil its…
Jaitley hopes GST bill will be passed through consensus
New Delhi, March 28 Describing the Goods and Services Tax (GST) bill as “revolutionary”, Finance Minister Arun Jaitley…
Central GST Bill to apply pan-India except J&K for now
New Delhi, March 27 India moved a step closer to becoming a unified market in line with the federalist…
Jaitley introduces four bills on GST in parliament
New Delhi, March 27: Taking a step closer to the implementation of landmark tax reform, Finance minister Arun Jaitley…
Hoping to implement GST from July 1: Jaitley
New Delhi, March 22 Finance Minister Arun Jaitley said on Wednesday that the government was hoping to implement…
GST to come into effect from July 1: Das
New Delhi, February 28: The Goods and Services Tax (GST) will be implemented from July 1 as all…
GST could raise solar tariffs by 10%: Report
New Delhi, February 15: Solar tariffs in India may rise by nearly 10 percent if current tax exemptions are…
Jaitley hopes to resolve dual control issue in next GST Council meet
New Delhi, Jan 4: Admitting that the Goods and Services Tax (GST) Council was racing against time on the…
Find out impact of GST on your pocket
The Goods and Service Tax Council finalised four tier tax structure on Thursday at the rates varying from 5…
Cess on demerit goods against GST promise
Chennai, November 4: The proposed cess on products like aerated drinks, tobacco products, luxury cars, pan masala is against…
GST Council sets 4 tier rates
New Delhi, November 3: The Goods and Services Tax Council meet on Thursday pegged up GST rate structure at…
GST Council urged to slap 40% ‘sin tax’ on tobacco products
New Delhi, Oct 16 : Consumer Voice, a voluntary action group, on Sunday urged the GST Council to levy…
GST bill passed in Rajya Sabha with over 2/3 majority
New Delhi, Aug 3 : India moved a major step closer towards a unified goods and services tax regime…
Government has the numbers to pass GST bill: Naidu
New Delhi, May 24 : Parliamentary Affairs Minister M. Venkaiah Naidu on Tuesday said that the government has the…
Congress ready to give ‘conditional’ support to GST
Congress vice president Rahul Gandhi on Saturday said his party was ready to support the Goods and Services…