GST rollout

Uttar Pradesh Assembly passes GST Bill

Uttar Pradesh Assembly on Tuesday unanimously passed the UP Goods and Services Tax (GST) Bill, 2017.

May 16, 2017, 17:28 PM IST

Govt to strengthen agency under GST to check tax evasion

Ahead of the planned GST rollout from July 1, the government is strengthening the body responsible for detecting tax evasion and will set up two new agencies, including one for business intelligence and analytics.

May 16, 2017, 15:53 PM IST

GST scheduled for July 1 rollout, will not lead to any significant increase in prices of goods: FM Jaitley

He added that tax rates on goods may go down marginally under the new indirect tax regime while services may see some increase.

May 08, 2017, 12:32 PM IST

Madhya Pradesh Assembly passes GST Bill-2017

The Madhya Pradesh Legislative Assembly on Wednesday unanimously passed the Madhya Pradesh Goods and Services Tax (GST) Bill-2017 as both treasury and Opposition benches tried to grab credit for this new tax regime.

May 03, 2017, 17:59 PM IST

GST rollout: Commerce Min to modify certain portions of FTP

The ministry also proposes to come out with the mid-year review of FTP, a few months ahead of the schedule, before the GST rollout.

Apr 28, 2017, 16:31 PM IST

GST rollout: FM Jaitley promises no surprises in rate fixation under new tax regime

Finance Minister Arun Jaitley on Friday promised not to spring any surprises in fixing tax rates under the new GST regime, saying they will not be "significantly different" from current levels.

Apr 28, 2017, 12:48 PM IST

FM Jaitley promises no surprises while fixing tax rates under GST

Finance Minister Arun Jaitley on Friday promised no surprises while fixing tax rates under GST.

Apr 28, 2017, 11:36 AM IST

GST rollout to push India's medium-term growth to over 8% but bad loans still a problem: IMF

The ambitious Goods and Services Tax to be implemented from July 1 would help raise India's medium-term growth to above eight percent, the International Monetary Fund has said adding that the reforms being done is expected to pay off in terms of higher growth in the future.

 

Apr 28, 2017, 10:54 AM IST

Jharkhand assembly passes GST bill

Jharkhand Assembly on Thursday passed the Jharkhand Goods and Services Taxes Bill, 2017 to pave the way for roll out of GST from July 1.

Apr 27, 2017, 16:13 PM IST

GST rollout: Compliance rating for industry under new indirect tax regime on the cards

Trade and industry will be assigned a 'compliance rating' based on their credibility with regard to timely deposit of taxes to the exchequer and filing of returns under the goods and services tax structure.

Apr 25, 2017, 17:44 PM IST

Bihar Legislative Assembly approves GST

The Bihar assembly on Monday in a special session unanimously passed the Goods and Services Tax (GST) Bill, 2017.

Apr 24, 2017, 15:04 PM IST

CBEC sanctions Rs 1 crore to each zone for GST outreach

Racing against time for GST rollout, Central Board of Excise and Customs (CBEC) chief Vanaja N Sarna has sanctioned Rs 1 crore to each of 23 zones to conduct an outreach programme about the new tax regime.

Apr 15, 2017, 16:08 PM IST

Levy 1.25% GST on jewellery sector: GJF urges govt

The All India Gems and Jewellery Trade Federation (GJF) on Friday urged the government to levy 1.25 percent Goods and Service Tax (GST) on the industry as against the proposed four percent.

Apr 14, 2017, 20:37 PM IST

GST: CBEC proposes e-way bill for goods worth Rs 50,000 in transit

Moving goods worth more than Rs 50,000 under GST will require prior online registration of the consignment and securing an 'e-way bill' that tax officials can inspect anytime during the transit to check tax evasion.

Apr 14, 2017, 18:19 PM IST

GST inches closer to July rollout: President Pranab Mukherjee clears 4 supporting bills

President Pranab Mukherjee on Thursday gave assent to four supporting legislations related to Goods and Services Tax (GST).

Apr 13, 2017, 14:21 PM IST

All tax data will be completely secure, GSTN assures India Inc

GST-Network -- the firm which is building the IT backbone of the Goods and Services Tax regime -- Tuesday assured stakeholders that all their data will be stored in an encrypted form and only the taxpayer and the assessing officer will have access to the information.

Apr 11, 2017, 17:37 PM IST

Panagariya in favour of GST roll out despite all challenges

The GST rates will be discussed by the powerful GST Council on May 18-19.

Apr 11, 2017, 12:59 PM IST

Rajya Sabha passes 4 GST bills; India's biggest tax reform inches closer to July rollout

India on Thursday inched closer to a unified tax regime with the Rajya Sabha passing four supplementary legislations which will enable the government to roll out the landmark Goods and Services Tax Bill on July 1.

 

Apr 06, 2017, 17:34 PM IST

GST inches closer to July 1 rollout: Things that you must know

Touted as the biggest indirect tax reform since independence, GST would subsume central excise, service tax and other local levies.

Apr 03, 2017, 10:20 AM IST

GST Council approves remaining rules, to meet again on May 18-19 to approve rate structure

The GST Ouncil on Friday approved remaining rules of the of the Goods and Services Tax regime, Finance Minister Arun Jaitley said.

Mar 31, 2017, 18:45 PM IST