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MONITORING GST IMPLEMENTATION
No slowdown yet, but inflation and El Niño are risks: ITC's Sanjiv PuriITC Chairman Sanjiv Puri revealed plans for a Rs 20,000 crore investment over the medium term, including hotel expansion. He highlighted st...- Indian retail auto sales rise 9.6% in May; dealers see monsoon-driven demand aheadIndian auto retail sales grew 9.6 percent in May, overcoming heat and fuel price concerns. Passenger vehicles led the surge, with rural mar...
- ITC shares fall 3% to fresh 52-week low; Motilal Oswal sees more pain aheadITC shares fell to a fresh 52-week low on Wednesday as investors reacted to steep tax hikes on cigarettes under the new GST 2.0 regime. Bro...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 27%Retail market investors are presented with a choice. Act now, when the uncertainty quotient is high. Or, wait for things to settle down. In...
- Karnataka state planning panel proposes reforms for KSFCKarnataka State Financial Corporation is set for a major transformation. The Karnataka State Policy and Planning Commission has proposed a ...
- India's monthly household basket may feel the heat of rising fuel costsConsumer goods prices may rise soon. Higher fuel costs from the West Asia conflict will increase shipping and production expenses. Companie...
- The energy shock at 35,000 feet is burning a hole in your pocketAs aviation fuel prices reach a new high globally, the airline industry is feeling the crunch, with ticket prices climbing and schedules be...
- CII proposes comprehensive reforms to streamline industrial land access in IndiaThe Confederation of Indian Industry has presented a plan to fix issues in India's industrial land system. This aims to boost manufacturing...
- Establish 'GST-like' industrial land council for dispute resolution: CIIIndustry lobby CII proposes a National Industrial Land Council, mirroring the GST framework, to standardize regulations and resolve dispute...
- NCH receives 3,000 GST-related complaints post tax cuts: Consumer Affairs SecretaryThe National Consumer Helpline has received nearly 3,000 GST-related complaints since reduced taxes were implemented. The Consumer Affairs ...
- After cut in GST, CBIC orders price tracking of 54 itemsThe Central Board of Indirect Customs and Taxes will monitor price changes. This follows the Goods and Services Tax rate rationalisation. T...
- GST rate cut benefits should reach aam aadmi, FM Nirmala Sitharaman saysFinance Minister Nirmala Sitharaman asserted that the benefits of GST rate cuts must reach the common man. The Centre is closely monitoring...
- Budget proposes GST amendment: Track and Trace Mechanism for evasion prone goodsThe Union Budget has introduced amendments to the GST law, incorporating a Track and Trace Mechanism for evasion-prone goods. This includes...
- Corporates welcome approval of e-way bill under GSTSaloni Roy, senior director, Deloitte India added that with e-way bills transforming into a reality, intra state transactions will also be ...
- High GST may hit Make-in-India electronics goalMAIT expressed concern over tax slabs under GST regime related to printers, monitors and data cables.
- Government monitoring prices post GST, no supply disruptions yetGST unified 17 different levies including central excise, service tax and VAT and there were apprehensions of initial hiccups.
- Government to keep an eye on price rise & GST glitchesThe revenue department had asked all ministries to set up a GST cell in the ministries, subordinate offices and PSUs to iron out any implem...
- Over 200 officers to monitor implementation of GSTThey will obtain feedback from consumer associations, individual consumers, business associations, district administration etc on a daily b...
- FM Arun Jaitley sets up 'war room' to monitor GST implementationThe suggestion of the 'War room' came during the discussions when some members raised issues faced by the finance ministry in rolling out t...
- Price-monitoring structure under GST in the pipelineThe government wants to guard against profiteering by companies that will benefit from seamless input credit or tax on tax.
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