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Goods and Services Tax (GST)

LIC gets GST demand notice of Rs 65 crore

LIC gets GST demand notice of Rs 65 crore

Wed, Oct 30, 2024

The insurer has received communication/ demand order for Goods & Service Tax, Interest and penalty for Jharkhand on October 30, LIC said in a regulatory filing.

GST on term life insurance premium, senior citizen's health coverage may be exempt

GST on term life insurance premium, senior citizen's health coverage may be exempt

Sat, Oct 19, 2024

The final decision in this regard will be taken by the GST Council Officials premiums paid for health insurance coverage of above Rs 5 lakh will continue to attract 18 per cent GST.

GST Council sets up GoM on compensation cess; panel to submit report by December 31

GST Council sets up GoM on compensation cess; panel to submit report by December 31

Fri, Sep 27, 2024

With just one-and-a-half year remaining for the cess to end, the GST Council in its 54th meeting on September 9 decided to set up a GoM to decide the future course of the cess.

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Startups look for booster dose in Union Budget

Startups look for booster dose in Union Budget

Wed, Jan 24, 2018

Startups feel many things left to be done by the government for them as they often hit the regulatory roadblocks under the heavy hand of archaic laws

India returned to fiscal consolidation in 2016-17: IMF

India returned to fiscal consolidation in 2016-17: IMF

Wed, Apr 19, 2017

Overhauling India's food and fertiliser subsidy regime through better targeting and efficiency could generate substantial fiscal gains, it said.

E-commerce definition too wide in GST dispensation: Assocham

E-commerce definition too wide in GST dispensation: Assocham

Sun, Apr 16, 2017

It has also sought clarity on treatment of goods and services under GST for exports, gems and jewellery, MSME sector, banking and telecom.

'Biscuit industry yet to recover from note ban impact'

'Biscuit industry yet to recover from note ban impact'

Sun, Mar 12, 2017

The inclusion of low-priced glucose, milk and marie biscuits in GST will lead to shutting down of about 240 biscuit factories, warn manufacturers.

Did Arun Jaitley just hint at lower income taxes rates?

Did Arun Jaitley just hint at lower income taxes rates?

Tue, Dec 13, 2016

Jaitley said, "Future transaction would be substantially digital and once they are substantially digital, they would come in the tax net. Therefore, the future taxation level would be much higher than what is currently being collected."

Truck sales growth to slowdown, ICRA believes

Truck sales growth to slowdown, ICRA believes

Wed, Nov 23, 2016

The impact of tight liquidity is likely to cripple the road logistics sector in the near-term and would prompt the transport community to put their vehicle replacement or addition plans on the back burner, added the report.

Cash crunch may push demand for luxury products to revive only next year

Cash crunch may push demand for luxury products to revive only next year

Mon, Nov 21, 2016

Luxury products will bear the brunt of the recent demonetisation move by the government. The cash crunch has impacted the demand side and the supply chain of the economy, placing luxury commodities in a pretty tight situation.

One tax, One nation: This is how you can file GST return

One tax, One nation: This is how you can file GST return

Tue, Nov 08, 2016

The 'one tax, one nation' model will be introduce from April, 2017.

GST portal goes live, infrastructure and software almost ready: Chairman

GST portal goes live, infrastructure and software almost ready: Chairman

Tue, Nov 08, 2016

GSTN is building a network that will not just integrate the assessees paying service tax, excise and other local levies.

Real estate may attract 12% or 18% tax rate under GST: Report

Real estate may attract 12% or 18% tax rate under GST: Report

Mon, Nov 07, 2016

A lower tax rate of 12% will reduce housing price and boost demand, but 18% tax rate could end up increasing the cost of homes, JLL said.

A day in the life of Indian consumers after GST

A day in the life of Indian consumers after GST

Fri, Nov 04, 2016

The broad based tax structure under the much awaited Goods and Service Tax (GST) were decided by the GST Council to be 0%, 5%, 12%, 18% and 28% on Thursday.

GSTN, DGFT agreement to strengthen processing of exporter tax transactions, boost robotics

GSTN, DGFT agreement to strengthen processing of exporter tax transactions, boost robotics

Fri, Oct 28, 2016

State-owned IT service provider, Goods and Services Network (GSTN) signed a Memorandum of Understanding (MoU) with Director General of Foreign Trade (DGFT) for sharing of foreign exchange realisation and Import Export code data on Thursday.

GST Council to hold its first meeting today

GST Council to hold its first meeting today

Thu, Sep 22, 2016

The council will decide on long pending issues of threshold limit for applicability of the tax as well as the limit for dual control between Centre and states.

WATCH:Top 5 stories of this evening; From Nifty closing at 16-month high to Fiat launching Jeep Wrangler, Cherokee in India

WATCH:Top 5 stories of this evening; From Nifty closing at 16-month high to Fiat launching Jeep Wrangler, Cherokee in India

Tue, Aug 30, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top 5 stories of this evening: 1.Nifty closes at 16-month high

Independence Day: Key things PM Modi said in his speech

Independence Day: Key things PM Modi said in his speech

Mon, Aug 15, 2016

Prime Minister Narendra Modi while delivering his third speech on 70th Independence Day on Monday from the Red Fort in New Delhi touched upon several issues right from GST to inflation to his government's work in the last two-and-half-years to terrorism.

GST Bill: Govt begins roadmap for final implementation

GST Bill: Govt begins roadmap for final implementation

Fri, Aug 05, 2016

After the Government of India passed the GST Bill in the Rajya Sabha on Wednesday, it is now planning to work towards implementing it by April 1, 2017. The government will soon form GST Council to roll out the Goods and Services Tax (GST) Bill.

Here's why GST rollout by April 2017 will be a challenge for the govt

Here's why GST rollout by April 2017 will be a challenge for the govt

Thu, Aug 04, 2016

The government will now have to get the bill passed in the Lok Sabha, which can be as soon as Monday.

Can GST make products cheaper? This is what India Inc has to say

Can GST make products cheaper? This is what India Inc has to say

Wed, Aug 03, 2016

The much-awaited Goods and Services Tax (GST) bill is likely to be passed in the Rajya Sabha (Upper House) on Wednesday and Indian industry has pinned hope on its implementation as it will subsume all taxes.

Rajya Sabha to take up GST bill next week

Rajya Sabha to take up GST bill next week

Fri, Jul 29, 2016

The proposed tax reform, the biggest since India`s independence from Britain in 1947, seeks to replace a slew of federal taxes and levies in 29 states, transforming the nation of near 1.3 billion people into a customs union.

WATCH: Top 5 stories of this night; From RIL reporting over 4% rise in Q1 profit to Nifty ending below 8,550

WATCH: Top 5 stories of this night; From RIL reporting over 4% rise in Q1 profit to Nifty ending below 8,550

Fri, Jul 15, 2016

Zee Business brings you the most important stories of the day that will help you shape your market strategies and keep you informed with the latest developments. Top five stories of this night: 1. RIL Q1 standalone profit jumps 4.4% to Rs 7,548 crore

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