Budget should focus on widening tax base, investment incentive to further bolster growth: ReportThe Union Budget 2026 should prioritise expanding the direct tax base and encouraging private investment. Freezing peak tax rates will boos...
24 Dec, 2025, 01.30 PM IST
GST not applicable on post-sale discounts given by manufacturers to dealersThe CBIC has clarified that post-sale discounts from manufacturers to dealers for competitive pricing and sales promotion are not subject t...
13 Sep, 2025, 08.24 PM IST
GST exemption for flight, motion simulators to help reduce training costs: Civil Aviation MinistryThe Civil Aviation Ministry announced GST exemptions for flight and motion simulators, benefiting airlines and training academies by reduci...
10 Sep, 2025, 12.21 AM IST
GST reforms transformative, will ensure tax certainty: CBIC chiefCBIC Chairman Sanjay Kumar Agarwal announced transformative GST reforms aimed at providing tax certainty and stability for investors. While...
06 Sep, 2025, 12.41 AM IST
GST reforms must align with global trade: PwCA PwC report suggests reforms for the Goods and Services Tax. These changes aim to align with global trade and attract investments. The rep...
01 Jul, 2025, 12.59 AM IST
In Graphics: GST Council’s new steps to simplify tax processesThe Goods and Services Tax (GST) Council on Saturday, in its first meeting after the new government took charge at the Centre, announced se...
23 Jun, 2024, 11.47 PM IST
Karnataka HC quashes Rs 21,000 crore GST notice against Gameskraft, online gaming industry cheers verdictHailing the judgment, the All India Gaming Federation said the landmark decision reiterates six decades of jurisprudence, and will greatly ...
11 May, 2023, 06.52 PM IST
GST: From payment for not serving notice period to cheque dishonour, CBIC clears the airThe Circular also mentions non-compete fees, late payment charges by utility providers of electricity, water or cancellation charges levied...
18 Aug, 2022, 11.30 AM IST
A 'Good & Simple Tax'? 4 years of GST and the road aheadDespite early hiccups, overall progress during the last four years has helped India achieve the ambitious government’s aim of bringing in e...
02 Jul, 2021, 11.32 AM IST
GST Council may consider national bench of AAAR next month; move to give certainty to taxpayersThe AARs in different states have passed about 470 orders, while AAARs have disposed of around 69 cases till March 2019.
19 May, 2019, 11.57 AM IST
Proposal to encourage taxmen to file GST profiteering complaints on anvilThe GST has replaced a tangle of local taxes and entry levies. Since its roll out on July 1, 2017, GST Council has reduced tax rates on a h...
29 Jan, 2019, 05.37 PM IST
Centralised mechanism likely to avoid conflicting GST rulingsThe Authority for Advance Ruling allows taxpayers to ascertain their tax liability in advance and a conflicting ruling on a transaction can...
04 Oct, 2017, 11.57 PM IST
After Centre, Apple may also have to cross states' hurdles to set up plant in IndiaApple’s key demand — predictability and certainty of countervailing duty exemption — will require the support of states as the country adop...
27 Jan, 2017, 10.11 AM IST
GST bill a 'game-changer' for India's economic growth: USIBCUSIBC believes that the GST is a game-changer that will boost economic growth by streamlining domestic supply chains and removing the compl...
04 Aug, 2016, 01.23 PM IST
Tax reforms to help India get rid of 'tax terrorism' tag: Arvind SubramanianSimplifying and eliminate corporate taxes as well as cleaning up of legacy issues will continue going forward, he added.
16 Dec, 2015, 03.33 PM IST
Centre circulates model GST laws among states"The model GST law and iGST law has been circulated among the states. The Empowered Committee would meet soon to discuss them," a senior of...
12 Oct, 2015, 11.59 AM IST
A better goods and services taxWith widening fiscal deficit and urgent revenue needs, Centre has released two concept papers, signalling its intent to widen the service t...
19 Jan, 2012, 10.14 AM IST