Gst

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gst, gst law, assocham, gst execution, goods and service tax, gst tax regime, business news, latest news

GST execution from July 1 a challenge for industry: Assocham

The GST law provides for as many as 21 kinds of penalties for various offences.

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Sindoor or sanitary pads? Twitterati throw brickbats at new rule for tax-free goods

Bangles, sindoor and bindis are now tax-free while 12 per cent taxes are still being levied on sanitary pads. Is it fair?

GST, GST implementation, GST rollout, goods and services tax, tax, birender singh, econmy, indian express news

GST to bring down input cost for steel: Govt

Cheaper raw material is the key for the country to achieve a 300-MT steel production target from around 126 MT now.

Arun Jaitley, jaitley, GST, GST rollout, GSt implementation, goods and services tax, tax, Arun jaitley GST, economy,indian express news

No doubt in GST implementation from July 1: Arun Jaitley

Compared with the economic policies of the previous UPA government, Jaitley said that the current government has ushered in reforms and clarity.

GST, GST Bill, Manohar Parrikar, Goa GST, GST coucil, GST and business, GST costs, GST news, Indian express news, latest news

GST will lead to reduced prices of commodities: Manohar Parrikar

Parrikar also added that GST, once implemented, will put an end to all marketing gimmicks and provide a level playing field to traders in Goa and those from other states.

Steel, Indian Steel Association, ISA, Minimum Import Price, MIP, IAS asks for MIP, India

‘India to become second largest steel producer in world soon’

Steel Minister Chaudhary Birender Singh has said that India is heading towards becoming the second largest steel producer in the world.

GST: Entertainment, cable, DTH will attract lower taxes under new tax regime

Under GST, the entertainment tax has been subsumed, and hence only the taxes levied by a panchayat or municipality on entertainments and amusements will continue.

Hasmukh Adhia, GST, GST bill, GST council, Hasmukh Adhia GST, goods and services tax, economy, business news, indian epxress news

Compensation fund: GST Council may expand cess ambit if revenue falls short, says Hasmukh Adhia

Adhia said that the issue of transition stock provision is still under consideration and the GST Council will finalise the provision in June 3 meeting.

GST, Goods and services tax, GST bill, GST implementation, ICRA, TAx, CPI, GSt rollout, GSt council, finance, economy, business news, indian express news

‘GST may cause output cut; positive impact to be delayed’

Analysts have also raised concerns about the multi-tier tax structure for both goods and services under GST that is expected to add to complexities.

Hasmukh Adhia, GST, GST bill, GST council, Hasmukh Adhia GST, goods and services tax, economy, business news, indian epxress news

Hold back price hikes till GST roll out: Hasmukh Adhia tells India Inc

Adhia said that anti-profiteering provision in GST laws was essential to ensure that the benefits of reduction in tax incidence is passed on to consumers.

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Maharashtra Assembly passes State GST Bill

The three-day special session was held to pave way for the national roll-out of GST on July 1.

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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

Sales of TVs, refrigerators and ACs expected to decline in July-Aug because of GST: CEAMA

July-August sales will get impacted and the effect will get neutralised by the festive season and demand will be back: CEAMA President

GST to reduce inflation by 2 per cent, create buoyancy in economy: Revenue Secretary Hasmukh Adhia

GST will be a single nation-wide sales tax replacing a string of central and state levies. That is how we have managed to keep our inflation basket under control: Hasmukh Adhia

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Presidential poll issue was real agenda of Mungantiwar’s meeting with Uddhav, says NCP leader

“BJP needs Shiv Sena’s votes for the President’s election, hence it does not want to hurt its sentiments,” Patil said.