GST: News
28 Sep 2018
New Delhi Municipal Corporation (NDMC)Tatas retain Taj Mansingh hotel, to pay Rs. 7cr/month
The iconic Taj Mansingh hotel in Lutyen's Delhi was retained by the Tata Group in an auction by the New Delhi Municipal Council (NDMC) today, an NDMC official said.
20 Sep 2018
IndiaIndian economy to reach $5 trillion size by 2022: PM
Prime Minister Narendra Modi said today the size of Indian economy will double to $5 trillion by 2022 with manufacturing and agriculture contributing $1 trillion each.
18 Sep 2018
Reserve Bank Of India (RBI)'Real' depreciation of Indian rupee is at 6-7%, estimates IMF
The real effective depreciation of the Indian rupee this year as compared to Dec'17 is between 6-7%, according to the International Monetary Fund (IMF), which warned that it would jack up the prices of imported goods.
04 Sep 2018
IndiaChidambaram blames NDA govt for rise in fuel prices
Senior Congress leader P Chidambaram today blamed the NDA government for the rise in petrol and diesel prices, saying it was happening due to excessive taxes.
04 Sep 2018
IndiaGST on overseas air tickets violates international norms: IATA Chief
Levying GST on overseas air tickets violates international norms and also weakens the competitiveness of carriers, IATA chief Alexandre de Juniac said Tuesday.
02 Sep 2018
Madhya PradeshRTI applicant in MP asked to pay GST for information
An RTI applicant has been asked to pay the Goods and Services Tax (GST) for getting information from the Madhya Pradesh Housing and Infrastructure Development Board in Bhopal under the transparency law.
29 Aug 2018
India#MeTooMiddleClass: Why we should wear this tag with pride
Do you smell the hypocrisy of hashtag activists? Do you think terms like 'tolerance', ' secularism', 'Urban Naxals' are created to divide the country for vote-bank politics?
28 Aug 2018
IndiaAkhilesh Yadav claims people want new PM after 2019 polls
Samajwadi Party chief Akhilesh Yadav today claimed the people want a new Prime Minister after the 2019 Lok Sabha polls as he accused the BJP of spreading lies.
27 Aug 2018
IndiaSeries of reforms by Modi govt transformed economy: Arun Jaitley
Finance Minister Arun Jaitley has cited IMF reports to highlight how the Narendra Modi-led government through a series of reforms has transformed the "weak economy" it inherited from UPA government.
23 Aug 2018
India#RaGaInGermany: Unemployment reason behind lynchings, an ISIS reference, and more
Congress President Rahul Gandhi launched an attack at ruling BJP and PM Narendra Modi as he addressed a gathering in Bucerius Summer School, Hamburg, Germany.
19 Aug 2018
IndiaIndian Railways fare comparison for Tejas, Humsafar, Gatimaan, other trains
In addition to the 4,600 passenger and 5,000 EMU (Electric multiple unit) trains, the Indian Railways currently runs 3,500 reserved trains.
15 Aug 2018
IndiaIndia will be engine of world growth for 3-decades: Modi
Prime Minister Narendra Modi today said India will be the engine of growth for the world economy for the next three decades as the "sleeping elephant" has started to run on the back of structural reforms like GST, bankruptcy and insolvency law, and benami property law.
09 Aug 2018
Narendra ModiGST on more items could be slashed if revenue increases
Finance Minister Piyush Goyal today said the capacity to slash the GST rates on more items would go up as Goods and Services Tax (GST) revenues and the compliance rate increases and the economy formalizes.
08 Aug 2018
IndiaIMF asks India to consider simpler GST rate structure
The International Monetary Fund (IMF) today described the Goods and Services Tax (GST) as a "milestone reform" in India's tax policy, which unifies numerous indirect taxes across all states of the federation and the central government.
08 Aug 2018
IndiaIndia, source of growth for global-economy for next few-decades: IMF
India is a source of growth for the global economy for the next few decades and it could be what China was for the world economy, the IMF said.
07 Aug 2018
AssamArun Jaitley might resume office in 3rd week of August
Union Minister Arun Jaitley, who had undergone a kidney transplant surgery on May-14, is likely to resume the office of Finance Minister in the third week of August, sources said.
05 Aug 2018
IndiaGodrej Consumer Products eyes 5% e-commerce revenues in 3-4 years
Homegrown FMCG firm Godrej Consumer Products (GCPL) is bullish on the prospects of e-commerce and is expecting 5% of its revenues to come from this channel in the next three to four years.
04 Aug 2018
KolkataGST slabs may be reduced to 3 in the future
GST slabs may come down to three, in addition to the exempted category, in the long-term, said Sanjeev Sanyal, Principal Economic Adviser to the Finance Ministry.
01 Aug 2018
Petrol Diesel PricesCenter, industry want petroleum products under GST: Oil Minister Pradhan
The Center and the petroleum industry favor inclusion of petroleum products in the Goods and Services Tax (GST) but the GST Council will take a final call on it, Oil Minister Dharmendra Pradhan said today.
01 Aug 2018
Ministry of FinanceGST collection rises to Rs. 96,483 crore in July
GST collections rose to Rs. 96,483cr in July from Rs. 95,610cr mopped up in the previous month, the Finance Ministry said.
29 Jul 2018
Narendra ModiCenter committed to doubling farmers' income by 2022: MoS Finance
Union Minister of State for Finance Shiv Pratap Shukla today said the Center is committed to doubling the income of farmers by 2022.
28 Jul 2018
IndiaXiaomi reduces prices of these 3 Mi Power Banks
Following the GST rate cut on Lithium ion batteries from 28% to 18%, Xiaomi has slashed the prices of all its power banks.
27 Jul 2018
IndiaDespite 12% GST-cut, price of sanitary-napkins to drop by 2-3%
Days after sanitary napkins were exempted from GST, companies like Procter & Gamble (P&G) and Johnson & Johnson (J&J) have announced price cuts.
27 Jul 2018
IndiaGST-cut: Refrigerators, washing-machines, vacuum-cleaners are now 8-10% cheaper
If you were looking to buy a refrigerator, washing machine, vacuum cleaner or a small-screen TV, now is the time: industry insiders say prices will fall to a two-year low after the biggest GST rate cut since November, that was announced last week.
22 Jul 2018
IndiaNow, only 35 goods in highest 28% tax-bracket of GST
The Goods and Services Tax (GST) Council has pruned the 28% slab by cutting tax rates on 191 goods over the last one year, leaving just 35 items, including ACs, digital cameras, video recorders, dishwashing machines, and automobiles, in the highest tax bracket.
21 Jul 2018
IndiaAfter backlash, sanitary napkins finally exempted from GST
After many protests, the GST Council has decided to exempt sanitary napkins from the tax, confirmed Delhi Finance Minister Manish Sisodia.
20 Jul 2018
Narendra ModiFirst, RaGa says PM can't see eye-to-eye, then hugs him
In the Lok Sabha today, speaking on the no-confidence motion, Congress President Rahul Gandhi said PM Modi couldn't see eye to eye with him.
02 Jul 2018
IndiaHere's your 'Weekly Industry Insight' for all your stock decisions
Thinking of making money by investing in stocks? But which stocks would give you the highest returns throughout this week? And which ones should you avoid?
01 Jul 2018
IndiaGST implementation not disruptive, best is yet to come: Jaitley
On the first anniversary of Goods and Services Tax (GST) roll-out, Union Minister Arun Jaitley stressed that India has been able to implement the major indirect tax reform, GST, in the least disruptive manner.
01 Jul 2018
IndiaGST anniversary: "Gamechanger" or "surgical strike"? Top leaders speak up
One year ago on this day, the country's tax regime underwent a drastic overhaul with the launch of the never-seen-before-in-India Goods and Services Tax (GST).
01 Jul 2018
IndiaGST anniversary: PM Modi weighs in on the tax policy
To commemorate the first anniversary of the Goods and Service Tax (GST), PM Narendra Modi, while speaking to Swarajya Magazine, lauded the benefits of the tax policy, and said that it has helped strengthen Indian cooperative federalism and is designed to eliminate the "inspector raj".
01 Jul 2018
P ChidambaramGST has become a 'bad word' among common citizens: Chidambaram
Former Finance minister P Chidambaram on Sunday attacked the central government on the first anniversary of GST regime.
01 Jul 2018
IndiaGST completes 1 year today: How did your life change?
On July 1, 2017, Prime Minister Narendra Modi's government had implemented the Goods and Services Tax (GST) across the nation.
01 Jul 2018
Narendra ModiPM Modi says GST has brought growth, simplicity
On the first anniversary of the GST regime, PM Narendra Modi today hailed the tax as a tool that has brought growth, simplicity, and transparency.
29 Jun 2018
IndiaIMF has three advices for India to sustain high growth
The International Monetary Fund (IMF) said today that to sustain the high growth rate India has achieved, it should carry out banking sector reforms, continue with fiscal consolidation, simplify and streamline good and services tax (GST), and renew impetus on reforms.
27 Jun 2018
BusinessGST: Rs. 2,000cr tax evasion uncovered in two months
The GST investigation wing has detected tax evasion in excess of Rs. 2,000cr in two months.
26 Jun 2018
Supreme Court Of IndiaNo probe will be ordered into 'exchange-of-currency' in Ahmedabad-bank: Sinha
Former BJP leader Yashwant Sinha yesterday said the government wouldn't order any probe into reports of exchange of currency notes worth Rs. 745.58cr at Ahmedabad District Cooperative Bank within five days of the announcement of demonetization on November 8, 2016.
24 Jun 2018
Afghanistan#MannKiBaat: Modi talks sports, Jallianwala-Bagh and doctors' contributions, among others
PM Narendra Modi addressed his 45th Mann Ki Baat today, touching various topics including the 'sportsman spirit' of the Indian cricket team, GST, the significance of doctors, the importance of Yoga, and contributions of Syama Prasad Mookerjee, among others.
22 Jun 2018
IndiaGST will usher 112% growth in warehousing by 2021: JLL-India
Goods and Services Tax (GST) will usher in a new era for the warehousing and logistics sector in India that could see 112% growth in the sector by 2021, a report released by real estate services firm JLL India said.
20 Jun 2018
IndiaPetrol and diesel to come under GST: Details here
You may soon have to pay both Goods and Services Tax (GST) levied by the Central government and Value Added Tax (VAT) levied by state governments on the purchase of petrol and diesel, as the government is considering to include fuel under a combination of GST and VAT.
