Goods And Services Tax

Result: 1- 8 out of 141 Article found
gst, goods and service tax, hasmukh adhia, CGST law , gst council meeting, gst rollout, tax reduction, india news, gst news, latest news

Anti-profiteering under GST: Rules in the works to check unfair pricing before rollout

CGST law provides that any reduction in taxes shall be passed on to consumers

GST, GST regime, goods and services tax, GST tax slab, taxation, GST farmer, farmer tax, indian express news, india news, business news

GST: Zero duty will help farmers but blow hole in state coffers

The total state levies on the basic grain purchase price — not counting the 2.5 per cent fee payable to commission agents (arhtiyas) — thus comes to 12 per cent.

GST, GST ratem gst council meet, hasmukh adhia, hiking prices,gst council, tax slab, 4 slab tax rate, tax rate, goods and services tax bill, india economy, business news, indian express news

GST: Hasmukh Adhia warns industry against hiking prices arbitrarily

The GST council has fitted the goods and services in tax bracket of 5, 12, 18 and 28 per cent. Tax experts said that a rise in tax rate for telecom and financial services is likely to hit consumers.

GST, Maharashtra GST, Maharashtra, GST bill, goods and services tax bill, Maharashtra passes GST, Indian Express, India news

GST Council unveils 4-slab rates for services, exempts healthcare, education, non-AC travel

Luxury hotels, gambling, race-club betting and cinema services will attract a levy of 28 per cent.

GST, Maharashtra GST, Maharashtra, GST bill, goods and services tax bill, Maharashtra passes GST, Indian Express, India news

Goods and Services Tax: ‘Robust IT set up, info dissemination key to successful implementation’

GST is likely to strengthen cooperative federalism and have far-reaching implications for growth, inflation, public finances, says the RBI report.

Law ministry, GST, goods and services tax, GST Traders, GST council meeting, integrated GST, india news, business news, economy india, economy news

Centre to compensate states every quarter for GST revenue loss

The compensation would be met through levy of a cess called ‘GST Compensation Cess’ on luxury items and sin goods like tobacco, for the first five years.

In fact: Expect both goods and services to cost more initially

Currently, goods attract an effective tax rate of 24-25 per cent (including both the central and state levies), while services attract a levy of 14.5 per cent.

Dispute redressal system: ‘Forward movement’ in talks between govt, Cong

Congress sources said that the party can consider proposals from the government on the dispute redressal mechanism.

Mokhabardi irrigation scam, mokhabardi scam, maharashtra irrigation scam, R J Shah and Company, D Thakkar Constructions, india news

Revenue neutral rate for GST: Panel to submit RNR report to Empowered Committee

The National Institute of Public Finance and Policy had suggested a revenue neutral rate of 27%, which was considered high by the Centre.

india, pakistan, pathankot attack, india pakistan talks, indo pak foreign secretary talks, congress, india news, pakistan news, latest news

Now will Congress pass GST?

The BJP has the ammunition to pass the GST bill — most importantly, the promise of a revenue neutral GST tax rate of 11 per cent, which a task force set up by the Congress had first proposed in 2009

budget session, aadhaar bill, BJP, rajya sabha, aadhaar bill in rajya sabha, arun jaitley, aadhaar fight, india news, budget session updates

Compensate states on revenue loss for 5 years: Rajya sabha panel on GST Bill

Select committee also makes a case for lower GST rate for the banking industry to maintain the competitiveness of the industry globally

arun jaitley, bjp, farmer suicides, Radha Mohan Singh, Radha Mohan farmer suicides, agricultural minister farmer suicides, farmer suicides india, farmer suicides data, farmer suicides parliament, farmer suicides NCRB, India news

GST Bill, land reforms will accelerate fiscal revival: Arun Jaitley

‘The way to eliminate deprivation is to achieve growth of 8-10% so that jobs are created for all’

FinMin sets up panels for roll out of GST

The committee would “recommend possible tax rates under GST that would be consistent with the present level of revenue collection of Centre and states,” an official statement said.

tax, india tax, india taxes, Tax Information Network, TIN, Tax info, india tax info, india direct taxes, direct taxes, india economy, india news

States seek 100% refund for possible losses for 5 years

States also want exemption of entry and purchase tax from the ambit of the goods and services tax.

sushma swaraj, nitin gadkari, rahul gandhi, lalit modi, congress, bjp, upa, nda, sushma storm, lalit modi row, lalit modi ipl, sushma swaraj row, sushma swaraj controversy, narendra modi, sonia gandhi, india news, politics, nation news

No GST bill in Rajya Sabha as Opposition targets Nitin Gadkari again

Gadkari has come under fire for his past association with a private company which CAG has alleged of non-compliance of conditions to obtain a govt loan.