GST heads for July 1 rollout, Council to finalise rules for new tax regime today
With GST rollout looking imminent from July 1 after the Lok Sabha's approval, the Centre and states will on Friday sit together to finalise rules and regulations of the new indirect tax regime.
Mar 30, 2017, 19:57 PM IST
GST closer to July 1 rollout: All you need to know
Finance Minister Arun Jaitley on Wednesday moved four Bills for consideration and passage in the Lok Sabha to give effect to the Goods and Services Tax (GST).
Mar 29, 2017, 15:13 PM IST
There's nothing called a free lunch! Now it can attract GST
Free lunch, car drops, scholarship to employee's children, that are normally not part of the CTC package, can attract GST.
Mar 29, 2017, 09:29 AM IST
Land leasing, renting to attract GST from July 1
Come July 1 and leasing of land, renting of buildings as well as EMIs paid for purchase of under-construction houses will start attracting the Goods and Services Tax.
Mar 28, 2017, 16:38 PM IST
FM Jaitley hopes GST bill will be passed through consensus
Describing the Goods and Services Tax (GST) bill as "revolutionary", Finance Minister Arun Jaitley on Tuesday hoped all the political parties would pass the related bills through consensus in the current session of Parliament.
Mar 28, 2017, 14:32 PM IST
GST draft bills tabled in Parliament; peg peak rate at 40%
Finance Minister Arun Jaitley on Monday introduced in Lok Sabha four bills on Goods and Services Tax, providing for a maximum GST rate of 40 percent, an anti- profiteering authority and arrests for evading taxes.
Mar 27, 2017, 17:59 PM IST
Centre to get greater chunk in residual GST Compensation Fund
The Centre will have a greater share of the residual amount in the compensation fund at the end of the 5-year period as the GST Bill now provides for equal sharing of the amount as against the earlier formula which favoured states.
Mar 27, 2017, 15:01 PM IST
FM Arun Jaitley introduces GST Bill in Lok Sabha
The Union Cabinet has already cleared the four supplementary GST legislations -- CGST, IGST, UTGST and Compensation Law -- for introduction and passage in the ongoing session of Parliament.
Mar 27, 2017, 12:26 PM IST
GST Bills may be introduced in Lok Sabha on Monday
The government is likely to table the four legislations for implementation of the goods and services tax in the Lok Sabha on Monday.
Mar 24, 2017, 19:54 PM IST
GST Bills in Parliament next week, rate structure to be worked out after March 31: FM Jaitley
GST legislations are likely to be presented in Parliament early next week and the rate structure will be worked out after March 31.
Mar 23, 2017, 19:47 PM IST
Cabinet passed four GST bills including CGST, IGST and UTGST
Cabinet passed four GST bills including CGST, IGST and UTGST. Watch this special segment and get to know more here.
Mar 20, 2017, 20:47 PM IST
GST impact on inflation to be less than 0.20%: Nomura
The implementation of Goods and Services Tax (GST) is likely to be fiscally neutral and its impact on inflation is expected to be less than 20 basis points, says a Nomura report.
Mar 20, 2017, 14:51 PM IST
GST rollout: 'No clarity yet on tax on services a worry'
Despite the rollout date of July 1 for the Goods and Services Tax (GST) drawing closer, there is still no clarity on the tax rate for services under the new indirect tax regime, an auditor firm pointed out on Friday.
Mar 17, 2017, 18:14 PM IST![Raising tax could at times be a "retrograde" method: FM Jaitley](https://english.cdn.zeenews.com/sites/default/files/styles/zm_700x400/public/2017/03/17/579273-jaitley-tax.jpg "Raising tax could at times be a "retrograde" method: FM Jaitley")
Raising tax could at times be a "retrograde" method: FM Jaitley
Government's intention is to increase the revenue base but raising the taxation level could at times be a "retrograde" method, Finance Minister Arun Jaitley said Friday.
Mar 17, 2017, 18:06 PM IST
Corporate leaders see private capex revival from H2
The GST rollout and strong macro-economic fundamentals are likely to revive private investments from the second half of this year, industry stalwarts Deepak Parekh and Adi Godrej said on Friday.
Mar 17, 2017, 16:09 PM IST
GST Council clears State GST and Union Territory GST laws: Finance Minister Arun Jaitley
Finance Minister Arun Jaitley. Watch the full segment for more details.
Mar 16, 2017, 20:47 PM IST
GST closer to July 1 rollout! Council clears all 5 laws; cess on luxury goods capped at 15%
After getting approval from the GST Council, the supporting legislations together with a GST Compensation Law, will go to the Cabinet for a formal nod before they are presented in Parliament in the ongoing Budget session that ends on April 12.
Mar 16, 2017, 18:53 PM IST
GST Council may clear supplementary legislations today
The panel, which had at its last meeting approved the final draft of central GST (C-GST) and integrated GST (I-GST) laws, will on Thursday take up for approval the state GST and Union Territory GST (UT-GST) laws, official sources said.
Mar 15, 2017, 18:38 PM IST
PM Narendra Modi hopes for breakthrough on GST legislation
As the Budget session of Parliament resumed Thursday, Prime Minister Narendra Modi hoped there will be a breakthrough on the Goods and Services Tax (GST) bill and that issues will be discussed in a democratic manner.
Mar 09, 2017, 21:38 PM IST
GST Council clears crucial CGST, IGST laws; rollout likely by July 1
The GST Council on Saturday fixed a 5 percent tax rate on small hotels and restaurants and approved draft of key supporting legislations to enable rollout of the new indirect tax regime from July 1.
Mar 04, 2017, 17:59 PM IST
