GST rollout

GST to be implemented from July 1 this year; all states on board: Shaktikanta Das

Economic Affairs Secretary Shaktikanta Das on Tuesday said that the Goods and Services Tax (GST) will be implemented from July 1 this year.

Feb 28, 2017, 13:29 PM IST

GST adoption could raise India's medium-term GDP to over 8%: IMF

The adoption of the GST could help raise India's medium-term GDP growth to over eight percent and create a single national market for enhancing the efficiency of the movement of goods and services, the IMF said Wednesday.

 

Feb 22, 2017, 20:51 PM IST

GST Council to discuss anti-profiteering clause at February 18 meet

GST Council to discuss anti-profiteering clause at February 18 meet. Watch the full segment for more details.

Feb 14, 2017, 21:08 PM IST

GST Council to discuss anti-profiteering clause at Feb 18 meet

A critical anti-profiteering clause in the draft Goods and Services Tax law to ensure that the benefit of lower taxes gets shared with consumers is likely to be finalised at the 10th meeting of the all-powerful GST Council this weekend.

Feb 14, 2017, 18:35 PM IST

What tax slabs people want in GST bill?

What tax slabs people want in GST bill?. Watch the full segment for more details.

Jan 30, 2017, 15:37 PM IST

Retail sector seek early implementation of GST

Retailers have sought for early implementation of the Goods and Services Tax regime which they believe will be a game-changer for country's retail sector.

Jan 19, 2017, 17:03 PM IST

GST: Tax evasion up to Rs 2 crore a bailable offence

 To make GST regime less onerous, the Centre and states have decided to water down the penal provisions to ensure a trader gets immediate bail if the alleged tax evasion is up to Rs 2 crore.

 

Jan 19, 2017, 15:35 PM IST

Finance Minister Arun Jaitley speaking over GST

Finance Minister Arun Jaitley speaking over GST. Watch this special segment and get to know more here.

Jan 16, 2017, 23:38 PM IST

Govt has increased the time bound for implementing GST

Govt has increased the time bound for implementing GST. Watch this special segment and get to know more here.

Jan 16, 2017, 23:38 PM IST

GST: Centre, states reach consensus on dual control; rollout from July 1

The Centre and the states on Monday came to a consensus on dual control of the goods and services tax (GST) with the Centre agreeing to allow the states to control over small tax payers.

Jan 16, 2017, 21:47 PM IST

Demonetisation, GST rollout will boost economy, make society tax compliant: Arun Jaitley

Pinning hope on the reforms brought by his government, Finance Minister Arun Jaitley on Wednesday said that note ban and GST rollout will help make the Indian society more tax compliant.

Jan 11, 2017, 23:55 PM IST

Tax refund to exporters under GST within 7 days: Nirmala Sitharaman

The Department of Revenue has promised to refund tax claims of exporters within seven days under the new GST regime, thus addressing a major concern of the sector, Commerce and Industry Minister Nirmala Sitharaman said Thursday.

 

Jan 05, 2017, 21:10 PM IST

Deadlock over dual control continues, GST Council to meet again on January 16

The 8th meeting of GST Council failed to break deadlock over the issue of dual control of assesses under the new indirect tax regime, an issue that has been holding up supporting bills essential for the GST rollout from April 1 next year.

 

Jan 04, 2017, 14:59 PM IST

Fresh roadblocks to GST rollout: States demand tax on high sea sales, higher compensation

States on Tuesday demanded taxation rights for sales in high seas and also increasing the number of items on which cess is to be levied to compensate the states to deal with revenue loss estimated at Rs 90,000 crore post demonetisation.

Jan 03, 2017, 20:38 PM IST

No decision taken on dual control in GST council meet

No decision taken on dual control in GST council meet. Watch the full segment for more details.

Dec 23, 2016, 22:49 PM IST

GST Council agrees on law for compensating states, to meet again to decide on dual control, IGST

Jaitley further said that legally vetted draft of law for compensation to states will be placed before GST Council at the next meeting.

Dec 23, 2016, 17:50 PM IST

FMCG looks beyond 'temporary blip', keeps faith in GST rollout next year

The hopes of FMCG companies on the back of a good monsoon and the Seventh Pay Panel award came partially unstuck after the government's sudden move to pull back currency notes upset the applecart towards the end of 2016.

Dec 20, 2016, 12:40 PM IST

Goods and Services Tax rollout: Key decisions taken by the GST Council so far

Since notification of the GST Council on 12 September 2016, six meetings of the Council have been held in New Delhi.

Dec 14, 2016, 20:55 PM IST

GST rollout: Council asked to remove anomalies across sectors

A paper submitted to the GST Council, scheduled to meet November 3-4, has suggested that sharp anomalies in the taxation structure across different industries such as telecom, tobacco and textiles should be addressed as the country moves towards the goods and services tax (GST) regime.

Nov 02, 2016, 16:18 PM IST

GST: FM Jaitley favours cess over additional tax for compensating states

Finance Minister Arun Jaitley on Wednesday favoured levy of cess on tobacco and luxury products to compensate states for loss of revenue on GST saying the cost of funding that through an additional tax would be "exorbitantly high and almost unbearable".

Oct 26, 2016, 16:48 PM IST