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Tag "goods and services tax"

GST symbol of cooperative federalism, says Modi

GST symbol of cooperative federalism, says Modi

🕔09:57, 25.Jun 2018

New Delhi, June 25  Hailing the Goods and Services Tax (GST) as “probably the worlds biggest tax reform”, Prime Minister Narendra Modi on Sunday said its implementation was a celebration of honesty and a symbol of cooperative federalism. With the

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GST victory of integrity, celebration of honesty, says Modi

GST victory of integrity, celebration of honesty, says Modi

🕔19:13, 24.Jun 2018

New Delhi, June 24 (IANS) Prime Minister Narendra Modi on Sunday said that information technology has replaced the ‘Inspector Raj’ under the Goods and Services Tax (GST), as he termed the first year of the indirect tax regime as a “victory

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Modi lays foundation stone of Vanijya Bhawan

Modi lays foundation stone of Vanijya Bhawan

🕔15:44, 22.Jun 2018

New Delhi, June 22  Prime Minister Narendra Modi on Friday laid the foundation stone of Vanijya Bhawan at Akbar Road here and said India has made great progress in making the country investment friendly. After laying the foundation stone, Modi

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Indian economy to advance 7.3% in 2018-19, fastest growing: World Bank

Indian economy to advance 7.3% in 2018-19, fastest growing: World Bank

🕔11:54, 6.Jun 2018

United June 6  India is projected to regain its position as the world’s fastest growing major economy advancing 7.3 per cent this fiscal year and 7.5 per cent in the next two “as factors holding back growth in India fade”,

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April GST collections cross Rs 94K cr

April GST collections cross Rs 94K cr

🕔14:13, 1.Jun 2018

New Delhi, June 1  Revenue collection under the Goods and Services Tax (GST) in April crossed Rs 94,000 crore and was higher than the average monthly collection of Rs 89,885 crore during 2017-18. “The total GST collection for May (April

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Special drive to process pending GST refunds announced

Special drive to process pending GST refunds announced

🕔07:50, 31.May 2018

New Delhi, May 31  The government on Wednesday announced a special fortnight-long drive from May 31 to June 14 to process pending GST refunds. Acknowledging that refunds of Goods and Services Tax (GST) was a concern for both government and

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GST collection falls for second straight month to Rs 85,174 crore

GST collection falls for second straight month to Rs 85,174 crore

🕔19:14, 27.Mar 2018

New Delhi, March 27  Revenue collection under the Goods and Services Tax (GST) fell for the second consecutive month in February by Rs 1,144 crore to Rs 85,174 crore. The collection had marginally slipped in January to Rs 86,318 crore

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Taking steps to check tax evasion: Minister

Taking steps to check tax evasion: Minister

🕔09:40, 24.Mar 2018

New Delhi, March 24  Even as the Goods and Services Tax (GST) collections in January saw an improvement over the previous two months, the government on Friday said it was taking several steps to check evasion and encourage voluntary compliance.

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GST established India among major global economic markets: Modi

GST established India among major global economic markets: Modi

🕔20:01, 16.Mar 2018

New Delhi, March 16 The introduction of Goods and Services Tax (GST) has established India as one of the major economic markets in the world by removing uncertainties in the countrys tax system, Prime Minister Narendra Modi said here on Friday.

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Over 1.03 cr taxpayers registered under GST: Minister

Over 1.03 cr taxpayers registered under GST: Minister

🕔20:12, 9.Mar 2018

New Delhi, March 9  Over one crore businesses have registered under the Goods and Services Tax (GST) regime, Parliament was informed on Friday. Minister of State for Finance Shiv Pratap Shukla said this in a written reply to a question

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GST collections dip marginally to Rs 86,318 crore in January

GST collections dip marginally to Rs 86,318 crore in January

🕔20:26, 27.Feb 2018

New Delhi, Feb 27  Revenue collections under the Goods and Services Tax (GST) fell marginally in January by Rs 385 crore to Rs 86,318 crore. The collections had picked up in December to touch Rs 86,703 crore, after falling for

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E-way bill must for interstate goods movement from February 1

E-way bill must for interstate goods movement from February 1

🕔10:09, 1.Feb 2018

New Delhi, Feb 01  The e-way bill, to be generated under the GST for all inter-state movement of goods valued at over Rs 50,000, will become mandatory from Thursday, on the day of the presentation of the Union Budget 2018-19

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GST slashed on 29 items, 54 services

GST slashed on 29 items, 54 services

🕔21:15, 18.Jan 2018

New Delhi, Jan 18 (IANS) The Goods and Services Tax Council on Thursday decided to slash the GST rate on 54 services and 29 items, including old and used motor vehicles, public transport buses run on bio-fuels, sugar-boiled confectionery and packaged

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FinMin requested to bring ATF under GST: Sinha

FinMin requested to bring ATF under GST: Sinha

🕔10:16, 29.Dec 2017

New Delhi, Dec 28  Civil Aviation Ministry has proposed to include jet fuel under the ambit of Goods and Services Tax (GST) regime, Parliament was informed on Thursday. “This ministry has requested Ministry of Finance to include ATF in the

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Amendment bill introduced in Lok Sabha on GST cess

Amendment bill introduced in Lok Sabha on GST cess

🕔09:51, 23.Dec 2017

New Delhi, Dec 23  An amendment bill was introduced in the Lok Sabha on Friday that seeks to replace an ordinance in which tax rates on motor vehicles were hiked to a maximum of 25 per cent under the Goods

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Government for bringing petroleum under GST: Jaitley

Government for bringing petroleum under GST: Jaitley

🕔15:52, 19.Dec 2017

New Delhi, Dec 19  The Central government favours bringing petroleum products under the ambit of Goods and Services Tax (GST) but only after building a consensus with states, Union Finance Minister Arun Jaitley said on Tuesday. “As far as the

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GST Council nod for mandatory e-Way Bill for inter-state goods movement

GST Council nod for mandatory e-Way Bill for inter-state goods movement

🕔12:37, 16.Dec 2017

New Delhi, Dec 16 The Goods and Services Tax (GST) Council on Saturday approved mandatory compliance of e-Way Bill for inter-state movement of goods from February 1, sources said here. Some states might roll out both inter-state and intra-state e-Way Bill

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GST has made made trade easier, expanded market for business: Jaitley

GST has made made trade easier, expanded market for business: Jaitley

🕔09:22, 2.Dec 2017

New Delhi, Dec 1 (IANS) Union Finance Minister Arun Jaitley on Friday said the Goods and Services Tax (GST) has made doing trade easier as per the feedback he received after visiting trading centres in Gujarar and Uttar Pradesh. He said

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Single rate GST is not possible in India: Jaitley

Single rate GST is not possible in India: Jaitley

🕔17:50, 30.Nov 2017

New Delhi, Nov 30 (IANS) Asserting that a single rate Goods and Services Tax (GST) is not possible in the country, Finance Minister Arun Jaitley said on Thursday it is only applicable in a nation where the purchasing power of the

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Exporters claim Rs 6,500 cr IGST refund for July-October

Exporters claim Rs 6,500 cr IGST refund for July-October

🕔19:45, 29.Nov 2017

New Delhi, Nov 29 (IANS) Indian exporters have claimed refunds worth Rs 6,500 crore in the first four months of implementing the Goods and Services Tax (GST), an official statement said on Wednesday. Giving this information, the government also asked exporters

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