Mon, Sep 09, 2024
GST Council Meeting: FM Nirmala Sitharaman chairs 54th GST meet in New Delhi
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Fri, Aug 18, 2023
A fake GST bill is generated by scammers to dupe businessmen and customers, even without any actual supply of goods or services or GST payment. It is basically generated for various fraudulent reasons like tax evasion.
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.
Wed, May 24, 2017
Finance Minister Arun Jaitley had said that the revenues under GST may see an indirect increase with the widening of the tax net and less tax evasion.
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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