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GST rates

GST Council Meeting: FM Nirmala Sitharaman chairs 54th GST meet in New Delhi

GST Council Meeting: FM Nirmala Sitharaman chairs 54th GST meet in New Delhi

Mon, Sep 09, 2024

GST Council Meeting: FM Nirmala Sitharaman chairs 54th GST meet in New Delhi

Group of Ministers' committee on GST levy on casinos and online gaming to submit report next week

Group of Ministers' committee on GST levy on casinos and online gaming to submit report next week

Fri, Nov 25, 2022

Currently, online gaming attracts 18 per cent GST. The tax is levied on gross gaming revenue, which is the fees charged by online gaming portals.

New GST Rates: More Than 10 Household Items That Will Expensive From Today, Hotels Too Included

New GST Rates: More Than 10 Household Items That Will Expensive From Today, Hotels Too Included

Mon, Jul 18, 2022

GST hiked rates applicable from today. 5% GST on packaged food items. What will be costly due to increase in GST? Know from Varun Dubey.

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Analysing the impact of GST rates on investment and income

Analysing the impact of GST rates on investment and income

Mon, Jun 12, 2017

Analysing the impact of GST rates on investment and income. Watch this special segment and get to know more here.

GST on rough and polished diamonds from July 1, likely to hurt India's edge

Mon, Jun 12, 2017

From July 1, processed diamonds will be taxed at 3 percent, while the tax on rough diamonds will be 0.25 percent. Watch full video to know more!

FM Arun Jaitley speaks after GST Council meeting, GST rates of many products revised

Mon, Jun 12, 2017

FM Arun Jaitley chaired the 16th meeting of GST Council today and addressed the media after the end of the meeting.Mr. Jaitley informed about the changed GST rates on many commodities and increase in amount of composition. Watch the video for complete information.

IT hardware firms expect GST to hit biz; monitors to be dearer

IT hardware firms expect GST to hit biz; monitors to be dearer

Mon, Jun 12, 2017

IT hardware industry hailed the government's move to scale down goods and services tax rate for printers to 18 per cent but expect business to be impacted because of high 28 per cent rate imposed on computer monitors and projectors.

Arun Jaitley hints at no review of GST rate on hybrid cars

Arun Jaitley hints at no review of GST rate on hybrid cars

Sun, Jun 11, 2017

Finance Minister Arun Jaitley today hinted that the tax rate on hybrid cars will not be reviewed, saying the industry demands were not in sync with a study conducted by tax officers.

GST Council ignores tax-cut call for sanitary pads, revises for others

GST Council ignores tax-cut call for sanitary pads, revises for others

Sun, Jun 11, 2017

In its 16th GST Council meet the committee revised rates for 66 items. Tax rates have been lowered for certain items like movie tickets, computer printers and agarbatti.

A list of challenges threatening GST rollout

A list of challenges threatening GST rollout

Sat, Jun 10, 2017

A small-scale manufacturing company with operations in only one state will have to file a minimum of 37 returns instead of the current 13 once the goods and services tax (GST) goes live from July 1, increasing work for industry, accountants and banks, according to an IndiaSpend analysis.

GSTN meets service providers, assures timely release of interface software

GSTN meets service providers, assures timely release of interface software

Sat, Jun 10, 2017

The Goods and Services Tax Network (GSTN) met all the GST Suvidha Providers (GSP) and explained the method and manner in which the GSPs would be able to integrate with the GST System to be able to submit all the return forms on behalf of their clients and tax payers.

Demonetisation impact long gone from Indian markets

Demonetisation impact long gone from Indian markets

Fri, Jun 09, 2017

Indian markets faced difficult times due to demonetisation. However, this has been heavily offset by economic reforms taken during the period Dec - till date.

GST to boost gold industry, demand to touch 950 tonne by 2020, World Gold Council says

GST to boost gold industry, demand to touch 950 tonne by 2020, World Gold Council says

Thu, Jun 08, 2017

From last month, GST Council has been finalising the rates of various items. On Saturday, giving relief to jewellers, the council fixed 3% GST rate for the yellow metal.

Nifty at 9,700-mark: Where does the index go once GST comes in?

Nifty at 9,700-mark: Where does the index go once GST comes in?

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.

Why FMCG stocks must be in your portfolio

Why FMCG stocks must be in your portfolio

Tue, Jun 06, 2017

Fast moving consumer goods (FMCG) sector has come under focus as Goods and Service Tax (GST) rollout is hardly a month away. The government aims to rollout new tax regime by July 1.

Govt should reconsider GST on rough diamonds: GJEPC

Govt should reconsider GST on rough diamonds: GJEPC

Mon, Jun 05, 2017

Gem and Jewellery Export Promotion Council (GJEPC) welcomed the the government's move of keeping GST rate of 3% on gold and jewellery.

Post GST domestic pharma companies to face headwinds in 1HFY18

Post GST domestic pharma companies to face headwinds in 1HFY18

Mon, Jun 05, 2017

It has been a long and dreary quarter for pharmaceutical companies in Q4 wherein most posted a decline in net profit and things are not looking too good for the Indian pharma companies in the first half of FY18 as well.

GST of 3% on gold unlikely to dishearten Indian demand for the yellow metal

GST of 3% on gold unlikely to dishearten Indian demand for the yellow metal

Mon, Jun 05, 2017

Gold jewellery demand is unlikely to be impacted by the GST rate of 3% which is higher than the current tax rate. Though prices of the yellow metal may increase including that of silver and diamonds, industry experts say it will not impact demand.

Telecom industry's cash deficit at Rs 1.2 lakh crore, says Reliance Communication

Telecom industry's cash deficit at Rs 1.2 lakh crore, says Reliance Communication

Sun, Jun 04, 2017

Intense tariff war and high taxes are expected to squeeze Indian telecom operators, leaving a gaping Rs 1,20,000 crore deficit between the industry's earnings and its debt/payment commitments this year, says debt-laden Reliance Communications.

5% GST on textiles will generate Rs 11,000 crore revenues, industry experts say

5% GST on textiles will generate Rs 11,000 crore revenues, industry experts say

Sun, Jun 04, 2017

With cotton textiles attracting a 5% GST rate and man-made yard at 18%, the textile industry have expressed content over the rates prior to GST rollout. Industry experts have said that this would lead to a revenue generation of Rs 11,000 crore.

Apparel, biscuits, footwear cheaper; gold costlier under GST

Apparel, biscuits, footwear cheaper; gold costlier under GST

Sun, Jun 04, 2017

Apparel up to Rs 1,000, biscuits and footwear will get cheaper, while gold will get slightly costlier from next month as the Centre and states, excepting West Bengal, resolve to roll out GST from July 1.

Gold at 3%, biscuits at 18%; GST Council decides rates for most remaining items

Gold at 3%, biscuits at 18%; GST Council decides rates for most remaining items

Sat, Jun 03, 2017

The Goods and Services Tax (GST) Council has finalised the fitment of tax rates for most of the six remaining items on Saturday, Jammu and Kashmir Finance Minister Haseeb Drabu said.

GST Council to meet on June 3 to fix more rates: Meghwal

GST Council to meet on June 3 to fix more rates: Meghwal

Thu, Jun 01, 2017

Meghwal noted that the decisions taken so far by the GST Council are not based on majority, but on the basis of consensus among all state Finance Ministers.

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