Tag: Goods and Services Tax
No Discussion On Extending GST Roll-out Beyond July 1: FinMin
The government is not thinking of extending the roll-out date of the Goods and Services Tax (GST) beyond July 1, and businesses and traders must ensure preparedness by then, the Finance Ministry said on Thursday.....
Rajya Sabha Passes Four GST Bills
The Rajya Sabha on Thursday passed four bills related to the implementation of the pan-India Goods and Services Tax.....
GST Council Cuts Tax Slab For 178 Items From 28% To 18%
The GST rate on 50 items of mass consumption, that were in the 28 per cent tax slab, rest items has been slashed to 18 per cent, Bihar Deputy Chief Minister Sushil Kumar Modi, who heads the panel of Group of Ministers for tackling IT-related glitches, said on Friday.....
Rs 50 Cr In Banned Notes Seized In Gujarat On Poll Day
The Directorate of Revenue Intelligence (DRI) has recovered nearly Rs 50 crore in the banned currency of Rs 500 and Rs 1,000 denomination in Gujarat on election day, the Union Finance Ministry said on Sunday.....
GST Council Proposes Cashback Incentive To Promote Digital Payments
The Goods and Services Tax (GST) Council in its meeting on Saturday decided to start a pilot project to give cashbacks to consumers in order to incentivise digital payments in the country.....
Rahul Implores Modi To Bring Petrol, Diesel Under GST Regime
Congress President Rahul Gandhi on Friday once again pleaded with Prime Minister Narendra Modi to bring petrol and diesel under the Goods and Services Tax (GST) regime.....
Chidambaram Wants To Know Why GST Goals Are Changing
Former Finance Minister P. Chidambaram on Wednesday raised questions about what caused the change in the "declared goals" of the Goods and Services Tax (GST) regime, why it was being changed.....
Demonetisation-hit States, Industry Need More Time For GST: Mitra
Declining to set a dateline for implementing the Goods and Services Tax (GST), West Bengal Finance Minister Amit Mitra on Wednesday said demonetisation has hugely impacted states' tax revenues, while Indian industry itself required more time to prepare for the new indirect tax regime.....
Modi Hopes For 'breakthrough' On GST
Prime Minister Narendra Modi has exuded confidence on the passage of the Goods and Services Tax (GST) Bill in the Budget session of Parliament which resumed on Thursday.....
Petroleum Under GST, But Will Apply After States Agree: Jaitley
Petroleum products, which will be within the purview of the Goods and Services Tax (GST) slated to be implemented from July 1, would, however, continue to be taxed as per the current taxation regime until the GST Council agrees on applying GST to these products, Finance Minister Arun Jaitley said on Thursday.....
