implementation of GST

Online recruitment activity rise 13% in July: Monster

Online recruitment activity registered a 13 percent increase in July over the year-ago period, the highest growth recorded in 2017, says a survey.

Aug 04, 2017, 15:13 PM IST

Finance Minister indicates scope for rationalisation of rates under GST

He gave the indication in the Lok Sabha while replying to a debate on the Central Goods and Services Tax (Extension to Jammu and Kashmir) Bill, 2017 and the Integrated Goods and Services Tax (Extension to Jammu and Kashmir) Bill, 2017 which were later passed by a voice vote.

Aug 02, 2017, 20:31 PM IST

WCO praises India for reforms in taxation system

As per a finance ministry release, the WCO Secretary General also appreciated the various initiatives taken by the Indian Customs to facilitate trade particularly the release of the National Trade Facilitation Action Plan (NTFAP).

Jul 21, 2017, 22:30 PM IST

Govt asks traders to issue advertisement about price hike post GST

To clear pre-GST stocks, the government had earlier this week allowed use of dual stickers reflecting the new rate along side the old printed price of a product for three months.

Jul 07, 2017, 20:48 PM IST

Indian Motorcycle cuts prices of 3 models by up to Rs 2.21 Lakh

The post GST price of Indian Scout model will be Rs 12.99 lakh as against Rs 14.75 lakh earlier, a reduction of 12 percent, the company said in a statement.

 

Jul 07, 2017, 18:51 PM IST

GST impact: Maharashtra govt hikes registration tax on motor vehicles

The government has, however, capped the tax amount for high-end imported cars at Rs 20 lakh as against 20 percent of the total car cost that was being charged earlier.

 

Jul 04, 2017, 13:08 PM IST

GST Rollout in J&K in next few days: Piyush Goyal

J&K Finance Minister Haseeb Drabu had on Saturday stated in New Delhi that the state is likely to clear the legislation on the indirect tax regime by July 6.

Jul 02, 2017, 20:41 PM IST

Implementation of GST should be smooth: Odisha CM Naveen Patnaik

The GST was launched in Parliament at the stroke of midnight, much like the solemn function which marked the country's independence.

Jul 01, 2017, 14:51 PM IST

Mahindra sales dip 8% at 35,716 units in June

Commercial vehicle sales were up 12 percent at 15,131 units in June against 13,538 units in the year-ago period, the company said.

 

Jul 01, 2017, 14:47 PM IST

Hyundai domestic sales drop 6% to 37,562 units in June

In January-June, the domestic sales figure for the automaker stood at 2,53,428 units, up 4.1 percent from 2,43,442 in the year-ago period.

 

Jul 01, 2017, 13:58 PM IST

GST to make India a simpler, more revenue generating economy

GST will be rolled out nation-wide from Friday midnight, overhauling India's convoluted indirect taxation system and unifying the over USD 2 trillion economy with 1.3 billion people into a single market.

Jun 30, 2017, 18:07 PM IST

GST regime to boost organised jewellery retailers: CRISIL

Currently, the unorganised player's annual revenue estimated by CRISIL at about Rs 2.85 lakh crore.

Jun 30, 2017, 16:14 PM IST

'War room' set up to deal with GST crises

A team of tech-savvy young officers will be manning the "war room" to assist officials in resolving their GST-related queries, sources said.

 

Jun 27, 2017, 18:19 PM IST

Exports rising despite global headwinds: Nirmala Sitharaman

The minister said even in this type of environment, domestic exporters are doing good.

May 17, 2017, 15:47 PM IST

GDP may slow down if GST implemented in hurry: Tax officials to FM

Claiming that demonetisation has affected country's growth, a major central revenue body has asked Finance Minister Arun Jaitley not to implement Goods and Services Tax (GST) in a hurry and threatened to take legal recourse in case their concerns are not addressed.

Jan 22, 2017, 14:10 PM IST

Centre to compensate states every quarter for GST revenue loss

States will receive provisional compensation from Centre for loss of revenue from implementation of GST every quarter but the final annual number would be decided after an audit carried out by CAG.

Nov 26, 2016, 15:28 PM IST

'Government moving ultra-fast, April 2017 GST deadline achievable'

 With the government moving at "ultra-fast" pace on GST, the cut-off date of April 1, 2017, for rolling out the new indirect tax regime now seems achievable, tax experts said today.

Sep 12, 2016, 18:47 PM IST

Income Declaration Scheme: Government wants people to clean up their books, says Finance Minister

Maintaining that the relationship between taxmen and assessees is undergoing a change, Finance Minister Arun Jaitley said yesterday that the aim of the Income Declaration Scheme-2016 is to send a firm message to the people to clean up their books.

Jul 15, 2016, 13:02 PM IST

Confident of GST's implementation by next April: Jaitley

Union Finance Minister Arun Jaitley Monday said he was confident that Goods and Services Tax regime would come into force from April 2016.

May 25, 2015, 22:39 PM IST