GST Council to vet e-way, anti-profiteering rules on Jun 18
The all powerful GST Council will meet on June 18 to finalise tax rates on lottery as well as rules relating to e-way bill and anti-profiteering measures.
Jun 15, 2017, 15:49 PM IST
Cooling food inflation to pull June CPI to sub-2%: BofAML
Falling food inflation is expected to pull June CPI inflation to the sub-2 percent level and may prompt the Reserve Bank to go in for a 25 bps rate cut in its policy review in August, says a report.
Jun 13, 2017, 16:22 PM IST
GST Council lowers tax rate for 66 items: Here's the complete list
Tax rates for as many as 66 items including kitchen staples like pickles and mustard sauce under the ensuing GST regime have been cut to meet demands from various quarters as the country prepares for rollout of one- nation-one-tax regime in less than three weeks.
Jun 12, 2017, 09:30 AM IST
GST Council lowers tax rates for 66 items, including movie tickets, kitchen items
Tax rates on certain kitchen items like pickles and mustard sauce, as well as movie tickets costing up to Rs 100 have been lowered as the Centre and states today reduced levies on 66 items.
Jun 11, 2017, 16:31 PM IST
GST Council to meet on June 11 to review rates, amend rules
The all powerful GST Council will meet on Sunday to review some of the rates on which industry has expressed displeasure, besides amending the draft rules.
Jun 09, 2017, 16:43 PM IST
Various tax slabs under GST worry traders: CAIT
Classification of different items under various tax slabs of GST has created an environment of anxiety and concern among the trading community across the country, Confederation of All India Traders said on Sunday.
May 28, 2017, 19:25 PM IST
FPIs stay bullish on India, pump in $4 billion in May
Foreign investors have pumped in nearly USD 4 billion in the country's capital market so far this month due to finalisation of GST rates for bulk of the items and stable outlook for the rupee.
May 28, 2017, 11:45 AM IST
Mercedes to cut Made in India model prices by up to Rs 7 lakh
German luxury car maker Mercedes Benz is slashing prices of its vehicles produced in India by up to Rs 7 lakh to pass on benefits of new tax rate under GST due in July.
May 25, 2017, 16:37 PM IST
GST from July 1: Know how the new tax regime will make these things cheaper
Know how GST, which is scheduled to be rolled out from July 1, will make several commodities including packaged cement, medicaments, smartphones and medical devices cheaper.
May 23, 2017, 13:20 PM IST
Industrial alcohol, ethanol to attract 18% GST: Hasmukh Adhia
Portable alcohol has been kept out of the Goods and Services tax (GST) regime but industrial alcohol, including ethanol, will be taxed at 18 per cent once the new regime rolls out from scheduled July 1, Revenue Secretary Hasmukh Adhia said on Monday.
May 22, 2017, 20:15 PM IST
GST rollout: How India's biggest tax reform will impact car prices
GST impact on car prices: Should you buy a new car now or after GST is rolled out?
May 22, 2017, 12:01 PM IST
GST: Finance Ministry warns industry against hiking prices arbitrarily
With companies indicating a possible rise in prices on the Goods and Services Tax rollout from July 1, the finance ministry has warned India Inc against raising rates arbitrarily in anticipation of the GST.
May 20, 2017, 11:11 AM IST
GST rates will help stimulate demand in auto sector: SIAM
Auto industry body SIAM on Friday welcomed the GST rates for automobiles saying the new tax rates would help in stimulating demand.
May 19, 2017, 19:51 PM IST
GST rates on 1,205 items finalised: Check out the full list
The GST rate for all but six out of the 1,211 items was decided at the first day of the two-day meeting Thursday- Here's the full list
May 19, 2017, 13:06 PM IST
Heavy bikes, yachts, private jets to attract 31% GST
Motorcycles of more than 350 cc engine capacity will attract a total of 31 percent tax under the GST regime, same as the tax incidence on private aircraft and luxury yachts.
May 19, 2017, 12:17 PM IST
GST Council finalises rates: Here's what will become expensive and what will become cheaper
Here's a list of products that will become expensive and products that will get cheaper after the implementation of GST.
May 19, 2017, 11:18 AM IST
GST Council to discuss rates on services today, finalise list of exempted items
The GST Council yesterday finalised tax rates for bulk of the items. Foodgrains and common-use products like hair oil, soaps and toothpaste as also electricity will cost less from July 1 when the GST is scheduled to be rolled.
May 19, 2017, 09:10 AM IST
Consumers to pay less for common items under GST: Ram Vilas Paswan
Consumers stand to gain from the GST rates announced for daily consumption items which will also help keeping a check on prices, Consumer Affairs Minister Ram Vilas Paswan said on Thursday.
May 18, 2017, 22:44 PM IST
GST rollout: Coal in lowest tax slab, steel prices to remain stable
Fixing of the GST rate on coal at 5 percent will lead to stabilisation of steel prices, a top official said on Thursday.
May 18, 2017, 20:35 PM IST
GST rates finalised; food grains to be cheaper, 5% tax on sugar, tea, edible oils
Only 19 percent of goods will be taxed above 18 percent while 81 percent of items will fall under below 18 percent GST rate slabs.
May 18, 2017, 19:40 PM IST
