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INDIA GST REJIG
Rs 2 lakh crore bonanza: GST's one-year old tax gift showing up in cars, TVs and revenuesGST collections show economic activity holding up after the overhaul. Consumers are upgrading to better products and larger screen televisi...- Car sales jump 36% in August, companies gear up for festive boomIn India, passenger vehicle sales achieved impressive double-digit growth last month, spurred by automakers ramping up factory dispatches t...
- Car prices fall as automakers embrace GST 2.0: Here's which brands/models became cheaper, and by how muchFollowing the GST rationalisation under the new GST 2.0 framework, India's automobile sector witnessed a wave of price reductions. Automake...
- Sitharaman writes to state FMs, thanks them for role in GST overhaulUnion Finance Minister Nirmala Sitharaman thanked state finance ministers for their support in overhauling the Goods and Services Tax (GST)...
- Beverage makers seek 18 pc slab, removal of sin tax in new GST regime citing mass consumptionThe Indian Beverage Association requests a GST reduction on aerated drinks. They propose lowering it to 18 percent. This move aims to boost...
- Alcohol, cigarette, gaming stocks slide up to 4.5% as govt proposes 40% sin tax under GST 2.0 overhaulThe government is planning GST 2.0. It may include a 40% tax on alcohol, cigarettes, and gaming. Consequently, shares of Godfrey Phillips, ...
- GST reforms: Govt mulls 5% slab for common man items; Luxury, sin goods to face 40% taxThe Centre is contemplating a significant GST overhaul, proposing a simplified structure with primary slabs of 5% and 18%, alongside a 40% ...
- India to get a three-tiered GST regime in next few months?India is planning to cut GST slabs from four to three to simplify tax classifications, Sanjay Agarwal, Central Board of Indirect Taxes and ...
- GST council expected to focus on improving revenue collections and plugging leakagesA group of ministers (GoM) headed by Maharashtra finance minister Ajit Pawar, which is scheduled to give its report on reforms on the GST s...
- Govt taking steps to boost consumption: Nirmala SitharamanThe FM said the government has expedited payments to those who have rendered services especially the MSMEs.
- GST may be recast next week to make compliance easierThis will be the second significant overhaul of GST after a Nov rejig that saw the tax rate on 178 household goods being lowered & that on ...
- Some rejig in GST rate structure required: Hasmukh Adhia"There is a need for harmonisation of items chapter wise and wherever we find there is a big burden on small and medium businesses and on c...
- GST compliance delays billing cycle for telecom companiesAirtel postpaid customers in Delhi and Kolkata told ET that they had been informed by the company’s customer care wing that the reason behi...
- Telcos to ask govt to lower GST on telecom services to 12%COAI is likely to question the logic of the finance ministry’s decision to impose an 18% GST rate on telecom services while choosing to lev...
- 160 firms apply to become GST Suvidha ProvidersThe GSTN in December last year had named 34 firms, including Tata Consultancy Services, Deloitte Touche, EY and Tally Solutions, to act as ...
- Cut prices, pass GST benefits to customers, government tells telecom companiesAt present, telecommunication services attract service tax of 14 per cent along with Swachh Bharat Cess and Krishi Kalyan Cess of 0.5 per c...
- Juspay to issue bonus shares to up capitalJuspay, which recently helped power the unified payment interface (UPI)-based BHIM mobile application for the National Payment Corporation ...
- Happy that Budget didn't hike duties on cigarettes: KK Modi, Modi EnterprisesIn an exclusive chat with ET Now, KK Modi, Modi Enterprises, says he is glad that the government is thinking of moderation in tax hikes on ...
- Top three reasons why Sensex gained over 500 points in trade todayMarkets rallied on hopes that GST could well see the light of the day as govt is determined to stick to its timeline of April 2016.
- Budget 2015: Tax tributaries flow into GST mainstreamThe FM has failed to rejig the threshold limit for taxing small businesses.Under service tax, it remains at Rs 10 lakh (per annum) and Rs 1...
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