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14th GST council meet starts in Srinagar

14th GST council meet starts in Srinagar

🕔12:44, 18.May 2017

Srinagar, May 18  The crucial 14th Goods and Services Tax (GST) Council meeting to finalise tax slabs on services and commodities in the country started here on Thursday. Chaired by Union Finance Minister Arun Jaitley, this is the first time

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60.5 lakh taxpayers enrolled under GST so far: Hasmukh Adhia

60.5 lakh taxpayers enrolled under GST so far: Hasmukh Adhia

🕔10:55, 12.May 2017

New Delhi, May 12  As many as 60.5 lakh taxpayers have been enrolled under the Goods and Services Tax (GST) in the first phase out of a total of 84 lakh taxpayers who will come under the new indirect tax

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Quarterly filing of returns not workable under GST : Jaitley

Quarterly filing of returns not workable under GST : Jaitley

🕔22:14, 8.May 2017

New Delhi, May 8 (IANS) Finance Minister Arun Jaitley on Monday said that the quarterly filing of returns under the Goods and Services Tax (GST) was not workable for taxpayers above Rs 50 lakh turnover. “For all tax payers it

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GST to eliminate human interface, create national market: Revenue Secretary

GST to eliminate human interface, create national market: Revenue Secretary

🕔07:23, 6.May 2017

New Delhi, May 5 (IANS) Calling GST the biggest taxation reform since Independence, Revenue Secretary Hasmukh Adhia said on Friday that not only would it do away with multiplicity of taxes, but would eliminate human interface from the indirect taxation

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‘E-commerce term too wide in GST, may cover commodity exchanges’

‘E-commerce term too wide in GST, may cover commodity exchanges’

🕔09:45, 17.Apr 2017

New Delhi, April 17  Industry chamber Assocham on Sunday asked the government to clearly define the scope of e-commerce under the Goods and Services Tax (GST) regime, as the current definition is wide enough to even cover commodity derivatives exchanges.

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Petroleum products will come under GST : Pradhan

Petroleum products will come under GST : Pradhan

🕔09:03, 28.Mar 2017

New Delhi, March 27 (IANS) Petroleum Minister Dharmendra Pradhan on Monday pitched for petroleum products to be included in the purview of the Goods and Services Tax as the GST Bills were tabled in Parliament. “We expect all petroleum products to

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GST on track, to be implemented from July 1: Jaitley

GST on track, to be implemented from July 1: Jaitley

🕔16:50, 5.Mar 2017

New Delhi, March 4 (IANS) Giving a clear roadmap for its implementation, Finance Minister Arun Jaitley on Saturday said that the Goods and Services Tax (GST) was on track and July 1 was going to be the likely rollout date of

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GST could raise solar tariffs by 10%: Report

GST could raise solar tariffs by 10%: Report

🕔22:10, 15.Feb 2017

New Delhi, Feb 15 (IANS) Solar tariffs in India may rise by nearly 10 per cent if current tax exemptions are curtailed under the proposed Goods and Services Tax (GST) regime, a local think-tank dealing with energy and environment issues has

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Will reach out to industry from April 1 on GST awareness: Jaitley

Will reach out to industry from April 1 on GST awareness: Jaitley

🕔13:42, 1.Feb 2017

New Delhi, Feb 1  Finance Minister Arun Jaitley on Wednesday said the government was ready for implementation of the Goods and Services Tax (GST) and will begin reaching out to the industry from April 1 to make them aware of

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Tax refund to exporters within 7 days under GST: Sitharaman

Tax refund to exporters within 7 days under GST: Sitharaman

🕔10:30, 6.Jan 2017

New Delhi, Jan 6  The tax claims of Indian exporters will be refunded by the Department of Revenue (DoR) within seven days under the proposed Goods and Services Tax (GST) regime, Commerce Minister Nirmala Sitharaman said on Thursday.She also said

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GST rollout unlikely before June-July

GST rollout unlikely before June-July

🕔22:03, 3.Jan 2017

New Delhi, Jan 3 (IANS) Rollout of the GST regime may only be possible by June-July, as the possibilities of meeting the April 1 deadline are bleak now in view of the negative impact of demonetisation on states’ tax revenues, some

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Five sets of GST draft rules approved by Council: Jaitley

Five sets of GST draft rules approved by Council: Jaitley

🕔09:38, 1.Oct 2016

New Delhi, Oct 01  Five sets of draft rules relating to registration, payments, returns and refunds under the Goods and Services Tax (GST) regime were approved by the GST Council here on Friday, Finance Minister Arun Jaitley said.However, the big

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GST in power will lead to cascading effect on taxes : Ernst & Young

GST in power will lead to cascading effect on taxes : Ernst & Young

🕔20:59, 7.Sep 2016

New Delhi Sep 7 (IANS) Though the power sector has been kept out of the ambit of the Goods and Services Tax (GST), technically it is within the purview, which will lead to a cascading of taxes, global consultants Ernst and

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Andhra to suffer Rs.4,700 crore loss every year due to GST

Andhra to suffer Rs.4,700 crore loss every year due to GST

🕔09:54, 5.Aug 2016

Vijayawada, Aug 5  Andhra Pradesh will suffer a loss of Rs 4,700 crore every year on account of implementation of Goods and Services (GST) tax, state Finance Minister Y. Ramakrishnudu said on Thursday.He said the central government should compensate the

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India moves closer towards GST, bill gets Rajya Sabha nod

India moves closer towards GST, bill gets Rajya Sabha nod

🕔22:45, 3.Aug 2016

New Delhi, Aug 3 (IANS) India moved a major step closer towards a unified goods and services tax regime across the country, with the upper house of Parliament passing the relevant Constitution amendment bill on Wednesday, in what is seen as

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GST= 1 Central + 29 State Laws: NO END TO MULTIPLE TAXES…

GST= 1 Central + 29 State Laws: NO END TO MULTIPLE TAXES…

🕔10:33, 1.Aug 2016

GST= 1 Central + 29 State Laws NO END TO MULTIPLE TAXES By Shivaji Sarkar The goods and services tax (GST) is projected to set a new dimension in taxes through a supposed uniform rate across the country, something any

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GST will be rolled out soon: PM

GST will be rolled out soon: PM

🕔10:34, 4.Apr 2016

Riyadh, April 4  Assuring Saudi and Indian business leaders that his government is working to set up a predictable long-term taxation regime, Prime Minister Narendra Modi on Sunday said the long-awaited Goods and Services Tax (GST) would soon be implemented

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Solar industry needs GST sops to meet mission targets: Stakeholders

Solar industry needs GST sops to meet mission targets: Stakeholders

🕔10:33, 4.Apr 2016

Kolkata, April 4  With over $4 billion lined up for investments in India’s solar industry, its viability depends much on exemptions continuing on related equipment under the proposed goods and services tax (GST) regime to power 4.8 GW of electricity

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Petroleum products won’t be under GST for some time: Subramaniam

Petroleum products won’t be under GST for some time: Subramaniam

🕔11:40, 28.Dec 2015

Kolkata, Dec 28  Petrol and other petroleum products would not be brought under the ambit of the proposed new indirect tax regime – the pan-India goods and services tax (GST) – for some time after its implementation, Chief Economic Advisor

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GST will be a game changer: Jaitley

GST will be a game changer: Jaitley

🕔10:26, 2.Dec 2015

New Delhi, Dec 2  Finance Minister Arun Jaitley said on Tuesday that Goods and Services Tax Bill (GST) is the need of the hour and would be a game changer once it gets parliament’s nod.“With GST, India’s gross domestic product

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