GSTIN display on sign boards must for businesses
Traders and businesses will have to display the GST registration number on their business sign boards and the registration certificate in premises.
Jul 10, 2017, 20:38 PM IST
Truth or Myth: 'Payments made by credit card to attract double GST' - reality check!
One of the latest rumours doing rounds is on messaging app WhatsApp. It says that GST will be levied twice if utility bills for services such as telephone, mobile, gas, electricity are paid through credit cards.
Jul 04, 2017, 17:58 PM IST
About 2 lakh new registrations done on GST Network, 39,000 already approved: Revenue Secretary
A central monitoring committee, comprising of 15 top secretaries, will meet every Tuesday to take stock of the situation.
Jul 04, 2017, 17:48 PM IST
80% items in GST within 18% rate; to benefit honest people
The landmark Goods and Services Tax will not alter the prices of essentials and daily use items like salt and soaps as they have either been exempt or tax on them has been kept at the current level.
Jun 30, 2017, 18:00 PM IST
'Don't rush for GSTIN; provisional ID will suffice initially'
Traders and dealers who have not completed their registration process can continue to do their business under the GST regime from July 1 using the provisional ID, a top government official said.
Jun 19, 2017, 16:58 PM IST
Scope for rationalisation of GST rates: Hasmukh Adhia
Revenue Secretary Hasmukh Adhia on Tuesday said there is scope for rationalisation of tax rates fixed for GST regime and the intention of the government is to increase the revenue without hiking tax rates.
May 30, 2017, 22:46 PM IST
Not ruling out rationalisation of GST rates: Revenue Secretary
Revenue Secretary Hasmukh Adhia on Tuesday did not rule out the scope for rationalisation of tax rates fixed on various goods and services under the GST regime to be implemented from July one.
May 30, 2017, 18:23 PM IST
Cess to yield Rs 55,000 crore in first 9 months of GST rollout
The Centre expects to mop up as much as Rs 55,000 crore by levy of cess, including a big chunk from demerit and luxury goods, during the 9-month period of the current fiscal after the Goods and Services Tax (GST) is rolled out from July 1.
May 29, 2017, 15:37 PM IST
Hold back price hikes till GST roll out: Hasmukh Adhia tells India Inc
The government on Monday asked industry to hold back price increases till GST roll out from July 1, saying such hikes might later lead to inquiry of balance sheet by a specified authority.
May 22, 2017, 23:45 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 to cut inflation by 2%, create buoyancy in economy: Hasmukh Adhia
Inflation will fall by 2 percent on implementation of the goods and services tax (GST) and create buoyancy in the economy, Revenue Secretary Hasmukh Adhia has said.
May 21, 2017, 13:57 PM IST
GST will make domestic companies more competitive: Adhia
Revenue Secretary Hasmukh Adhia is hopeful of a smooth transition to the GST regime and says it will help domestic firms to become more competitive apart from streamlining the taxation for all business activities.
May 07, 2017, 19:25 PM IST
FM Jaitley calls for expeditious use of penalising power by ED
Union Finance Minister Arun Jaitley on Saturday advocated expeditious use of penalising power by the Enforcement Directorate to deal with any non-compliance of the laid-down rules.
Apr 29, 2017, 12:27 PM IST
Government exceeds 2016-17 tax target, highest in last 6 years
The central government on Tuesday reported a total tax collection of Rs 17.10 lakh crore during 2016-17 -- an increase of 18 per cent over 2015-16.
Apr 04, 2017, 18:35 PM IST
Education, healthcare to be out of GST
Education, healthcare and pilgrimages will continue to be out of service tax net even under the GST?regime as the Centre is against giving any shock in the first year of the rollout by bringing in new services.
Apr 02, 2017, 13:02 PM IST
GST to result in price reduction for consumers: Hasmukh Adhia
The Centre and states have concurrent powers to levy GST and the new indirect tax regime will result in reduction of prices for consumers and broaden the tax base, Revenue Secretary Hasmukh Adhia said on Monday.
Mar 27, 2017, 23:10 PM IST
Fast track prosecution cases against shell companies: CBDT to taxmen
As the noose tightens around shell companies evading taxes, the CBDT Chairman has asked field officers to file prosecution cases against those entities which claimed bogus long-term capital gains.
Mar 12, 2017, 11:36 AM IST
Personal I-T base must be up before corporate tax cut: Hasmukh Adhia
Two years after it announced plans to reduce corporate tax rate to 25 percent, the government on Saturday said any such reduction can come after the spread of personal income tax is increased and more people pay taxes.
Feb 04, 2017, 16:02 PM IST
File returns by December or lose tax exemptions: Govt to political parties
Donations to political parties via electoral bonds will be confidential, donor's identity not to be disclosed, Adhia said.
Feb 02, 2017, 13:13 PM IST
Meet the people behind PM Narendra Modi's demonetisation move
Hasmukh Adhia, the bureaucrat, and five others privy to the plan were sworn to utmost secrecy, say sources with knowledge of the matter.
Dec 09, 2016, 10:49 AM IST
