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
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
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
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
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.
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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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