GST impact: Cars, FMCG items to get cheaper; services dearer
Luxury cars, FMCG products, consumer durables, electronics items and readymade garments will become cheaper once GST is rolled out next year, but mobile phones, banking and insurance services, telephone bills as well as air travel will be dearer due to higher tax.
Aug 07, 2016, 12:35 PM IST
FPIs stay bullish on India, pump in Rs 2,300 crore in a week
Building on their buying momentum, foreign investors poured in nearly Rs 2,300 crore into Indian equity markets in the first week of this month on positive global cues and passage of GST Bill in the Rajya Sabha.
Aug 07, 2016, 12:19 PM IST
GST Bill to be tabled in Lok Sabha today
GST, the biggest economic reform since 1991, is likely to sail through smoothly in the Lower House. It will replace a raft of different state and local taxes with a single unified value added tax system to turn the country into world's biggest single market.
Aug 07, 2016, 11:46 AM IST
GST Bill in Lok Sabha likely on Monday, BJP issues whip
The GST Bill, which was passed by the Rajya Sabha on Wednesday, is likely to be tabled in the Lok Sabha on August 8 for which the BJP has issued a whip to its members in the Lower House to ensure its smooth passage.
Aug 05, 2016, 12:24 PM IST
Sensex zooms by over 300 points, Nifty above 8,600-mark on GST boost
The 30-share index was trading up 312.70 points, or 1.13 percent, at 28,027.07 after moving in range of 28.032.52- 27,795.74.
Aug 05, 2016, 10:32 AM IST
'Travel may be costlier in short-term due to GST'
Consumers may have to pay more for travel and holidays in the short-term when GST is implemented, but in the long-run they will benefit following removal of duplication of tax incidences on hotels and airlines, according to travel service providers.
Aug 04, 2016, 22:01 PM IST
Nasscom flags complex billing, invoicing issues in GST regime
The GST regime slated to be rolled out from April 1, 2017, should ensure that issues like complex billing and invoicing requirements and reverse charge on import of services do not impact the export competitiveness of the USD 110 billion sector, industry body Nasscom said on Thursday.
Aug 04, 2016, 21:59 PM IST
GST rate to be optimum, working on time-bound rollout: Arun Jaitley
As government looks to implement the Goods and Services Tax (GST) from April next year, Finance Minister Arun Jaitley on Thursday said the tax rate will be "optimum" even as there were indications that it may be higher than 18 percent.
Aug 04, 2016, 20:58 PM IST
GST to boost GDP by 2%, attract foreign investors: Industry
Buoyed by the passage of the GST Bill in Rajya Sabha, industry leaders Thursday said the roll out of the indirect tax reform will lure more foreign investors to India, improve the country's manufacturing competitiveness and boost economic growth by nearly 2 percent.
Aug 04, 2016, 18:04 PM IST
Fixing rate, threshold key challenges to GST rollout: Revenue Secretary
Fixing the GST rate, deciding on exempt items and ensuring no dual control by the Centre and states are among the seven key challenges which have to be overcome before GST can be rolled out by April 1, 2017, a top Finance Ministry official said on Thursday.
Aug 04, 2016, 17:31 PM IST
GST Bill passed with majority votes in Rajya Sabha!
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Aug 04, 2016, 12:23 PM IST
GST Bill: How it will affect the auto sector
India moved a major step closer towards a unified goods and services tax regime across the country, with the upper house of Parliament passing the relevant Constitution amendment bill on Wednesday,
Aug 04, 2016, 10:49 AM IST
GST closer to reality: Key features you should know about 'one nation, one tax'
Know here the salient features of GST Bill.
Aug 04, 2016, 10:18 AM IST
Check out Shah Rukh Khan’s tweet about the GST Bill
Bollywood superstar Shah Rukh Khan, by his own admission has limited understanding of the “financial stuff” but he is thrilled as the GST Bill would help India turn into world's biggest single market.
Aug 04, 2016, 09:26 AM IST
DNA: Analysis of functioning of GST bill
Analysis of new tax system GST and its benefits to the common man in India. Watch complete news story of DNA for getting detailed updates!
Aug 04, 2016, 00:28 AM IST
GST Bill will boost the economic growth of country: Arun Jaitley
Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.
Aug 04, 2016, 00:19 AM IST
GST to curb black money, April 2017 rollout tough: Experts
The Goods and Services Tax (GST) regime will weed out black money and usher in an efficient taxation system, but the April 2017 rollout deadline appears to be challenging, experts said.
Aug 03, 2016, 23:44 PM IST
Congress hopes CGST, IGST bills are brought as financial bills
Former Finance Minister and senior Congress leader P Chidambaram said he was only half satisfied with the Finance Minister's promise made in the Upper House in this regard.
Aug 03, 2016, 23:39 PM IST
GST: How it will impact the real estate sector
Implementation of the GST law will have a positive impact on the real estate sector with expected reduction in its tax burden, according to property developers and consultants.
Aug 03, 2016, 23:27 PM IST
GST Bill passage historic, says FM Jaitley; thanks Congress and other parties
The Goods and Services Tax (GST), which will subsume over a dozen central and state levies including excise duty, service tax and VAT, is "perhaps the most important" tax reform, he said soon after Rajya Sabha overwhelmingly voted for the legislation.
Aug 03, 2016, 23:20 PM IST
