Uttarakhand's finance department has announced revised GST rates, effective September 22nd, offering relief to consumers during the festive...

GST Council Meeting Key Highlights: Chaired by the Finance Minister, the GST Council is a constitutional body that oversees the implementat...

Uttarakhand Finance Minister Premchand Aggarwal stated that the GST Council did not reach a decision on imposing 18 per cent GST on payment...

From June this year, the Centre will stop giving states any compensation for tax collection shortfall. GST compensation for a five-year per...

Finance minister Arun Jaitley said states faced an average 16% shortfall in GST collections in the year ended March 2018, after it was impl...

The leisure markets of northern India witnessed a slump in business even in their peak season summer this year.

Half-a-dozen states — Puducherry, Himachal, Uttarakhand, Punjab, Jammu & Kashmir and Bihar have a shortfall of up to 43% of average monthly...

In many other states, tax rates remained unchanged or rose just a bit. The GST rate is 5% on domestic cooking gas, and 18% on non-domestic ...

If you are from a high entertainment tax state like Jharkhand (110%) or Uttar Pradesh (60%), you will only pay 28% tax now.

The bill stated, "The GST council has decided four slabs of rates of 5%, 12%, 18% and 28%, “but the exact fitment of commodities into the a...

The GST Council, the top decision making body headed by Finance Minister Arun Jaitley, had approved the model SGST Bill at its 12th Meeting...

At present, gold attracts import duty of 10%, 1% value added tax (except in Kerala, where the VAT is 5%) and 1% excise duty.

Once 16 states ratify the Constitution amendment, and the President notifies it, the stage will be set for formation of the GST council.

Congress struck a positive note on the GST bill saying its support to government in the passage of legislations would be issue based and on...

IAMAI said GST will bring in clarity in tax rules for online marketplaces and ease shipping of products by small and medium enterprises acr...

"If the Centre agrees to compensate the states over a period of five years, then the roll out can be done in six months", Modi said.

Govt examining options to give companies compensation equivalent to benefits enjoyed now.