Sat, Jul 15, 2017
"As per the GST laws, one is required to take registration on or before July 30, 2017. All traders are requested to register now without waiting for the last date," a finance ministry statement said.
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Fri, Jun 30, 2017
Just few hours before the launch of GST, ICICI Bank has said it is authorised to collect GST.
Lets see how GST impacts your daily expenses. Purely from a taxation perspective, GST is likely to be neutral.
Thu, Jun 29, 2017
GST will ease the burden of taxpayers in understanding and complying with tax laws and help in reducing the generation of black money, Ficci said.
Bhattacharya spoke on indicators like outcome of GST implementation, banks credit growth, reforms for banks bad loan resolution and present economic conditions.
Tue, Jun 27, 2017
Central Board of Excise and Customs (CBEC) chief Vanaja N Sarna told PTI today that the unit will act as a quick resource centre for central and state government officials to address their queries on the historic tax reform scheduled to be implemented from July 1.
Currently, crude oil, petrol, diesel, jet fuel or aviation turbine fuel (ATF) and natural gas are not included in the new indirect tax structure, which is set to kick in from July 1.
Tue, Jun 20, 2017
GST, which was originally planned to be implemented from April 1 but was deferred by three months, will be launched at a grand function in the historic Central Hall of Parliament on the midnight of June 30.
Mon, Jun 19, 2017
The Central Board of Excise and Customs will be making the 74-year-old Bachchan brand ambassador for GST. A 40-second video featuring him has already been shot and is being circulated.
Tue, Jun 06, 2017
Indian markets have boomed to new high in past few weeks especially Nifty which has outperformed not only Sensex but also emerging markets. GST roll out is expected to Nifty between 9,800-10,000-level.
Mon, May 29, 2017
Concept of GST is not new to the world as nearly 160 countries as on 2016, have opted this mode for bringing individually tax rates into a single tax.
Thu, May 25, 2017
CPI Inflation rate in India averaged 7.13% from 2012 until 2017, reaching an all time high of 12.17% in November of 2013 and a record low of 2.99% in April of 2017.
Tue, May 23, 2017
Referring to the packaged cement, the finance ministry said it would be taxed at 28 per cent under the GST as against 31 per cent on account of different indirect taxes.
Mon, May 22, 2017
Highlights
Fri, May 19, 2017
GST rates for 1,211 goods and all services have been decided. The tax rates under GST for all products and services will be at 5%, 8%, 18% and 28%. There is also a list of products that are termed 'essential' and will attract 0% Goods and Services Tax.
Kerala Finance Minister Thomas Issac said there will be four rates for services at 5, 12, 18 and 28 per cent, similar to tax slabs for goods.
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