GST will not reduce deficits of Indian state governments significantly: Report
According to S&P Global Ratings the institutional framework for Indian states is evolving, but there is structural deficits due to persistent revenue expenditure mismatch.
May 07, 2019, 12:02 PM IST
GST cut to boost sales of under-construction flats; no ITC may hit builders' profit margin: Moody's
The GST Council had on Sunday decided to cut goods and services tax (GST) rate on affordable homes to 1 per cent without input tax credit (ITC) from earlier 8 per cent with ITC.
Feb 27, 2019, 13:56 PM IST
Relief to small businesses: GST exemption limit doubled to Rs 40 lakh
The GST Council doubled the GST exemption limit to Rs 20 lakh for north eastern states and Rs 40 lakh for the rest of the country.
Jan 10, 2019, 15:44 PM IST
Turnover limit for biz availing composition scheme under GST raised to Rs 1.5 crore: Sources
The new rule will come to effect from April 1, 2019.
Jan 10, 2019, 13:34 PM IST
GST Council to meet on January 10: Here's what SMEs, MSMEs, home buyers can expect
While for small service providers, the Council may announce a flat 5 percent GST.
Jan 09, 2019, 12:19 PM IST
FinMin allows businesses to claim GST input credit benefit for FY'18 till March 2019
The deadline for claiming input tax credit (ITC) ended on October 25, 2018.
Jan 03, 2019, 16:16 PM IST
Cheers for housing sector as Jaitley says priority to lower GST on cement
Jaitley said, the sun is setting on the 28 percent slab.
Dec 24, 2018, 13:39 PM IST
Morning Breaking: Movie tickets, video games cheaper, says Arun Jaitley
Finance Minister Arun Jaitley on Saturday said that six items have been removed from the 28 per cent tax bracket under the Goods and Services Tax (GST) regime.
Dec 23, 2018, 09:08 AM IST
5W1H: Movie tickets, TVs, video games to get cheaper as GST Council cuts tax on 40 items
This segment of Zee News brings to you latest updates. The 31st Goods and Services Tax (GST) Council meeting on Saturday decided to move 33 items from the 18 percent tax slab to 12 percent and 5 percent while six items were moved from 28 percent slab to 18 percent bracket. Watch this video to know more.
Dec 22, 2018, 19:50 PM IST
Working to bring 99% things in sub-18% GST slab: Modi
Modi indicated that the 28 percent slab of GST would only be restricted to a few select items, such as luxury goods.
Dec 18, 2018, 17:09 PM IST
No GST on sale of complex, building, ready to move-in flats with completion certificate
GST is applicable on sale of under construction property or ready to move-in flats where completion certificate has not been issued at the time of sale.
Dec 10, 2018, 11:41 AM IST
Simplified GST return forms to be rolled out from April 1: Revenue Secy
Pandey further said the next meeting of the GST Council, chaired by Union Finance Minister and comprising state counterparts, will be held this month.
Dec 04, 2018, 13:44 PM IST
Pharma sector grew 6% till May-end post GST
Impact of the Goods and Services Tax (GST) on the sector has largely been positive and constructive, he added.
Nov 15, 2018, 15:54 PM IST
Shockwaves of demonetisation and GST have held economy back: Raghuram Rajan
Raghuram Rajan, the former RBI Governor, has said that for four years -- 2012 to 2016 -- India was growing at a faster pace before it was hit by two major headwinds.
Nov 10, 2018, 15:51 PM IST
October GST collections cross Rs 1 lakh crore
The revenue from goods and services tax (GST) in September was Rs 94,442 crore.
Nov 01, 2018, 13:02 PM IST
PIN code made mandatory for generating e-way bill
Quoting of PIN codes, according to officials, will help in calculating the correct distance and determine the validity of the electronic way or e-way bill, which is used by businesses to transport goods worth over Rs 50,000 both within and outside a state.
Oct 03, 2018, 17:50 PM IST
GST Revenue collection for September crosses Rs 94,000 crore
The total revenue earned by central government after settlement in September is Rs 30,574 crore for CGST.
Oct 01, 2018, 13:18 PM IST
Indian economy to reach $5 trillion size by 2022: PM
The government, he said, has courage to take bold decisions.
Sep 20, 2018, 18:11 PM IST
GST Council may propose inclusion of ATF under GST in its next meeting
ATF constitutes approximately 35-40 percent of operational cost of an airline in India.
Aug 20, 2018, 16:14 PM IST
On GST Day, Arun Jaitley's point by point rebuttal to Congress's criticism of tax regime
Jaitley said that almost everyone wanted the GST but not a single State was comfortable with the UPA's model of GST.
Jul 01, 2018, 15:04 PM IST
