Mon, Oct 09, 2023
Sugar and liquor stocks were in focus on Monday after the all-powerful GST Council decided to reduce the tax applicable to molasses significantly.
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Thu, Jun 16, 2022
The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on June 28 and 29 in Srinagar
Wed, Nov 17, 2021
Charitable trusts are liable to pay 18 per cent GST on grants and non-philanthropic donations received by them, the Maharashtra AAR has ruled.
Sun, Apr 16, 2017
The task before the panel is to keep the impact of GST on inflation and prices near neutral or zero.
Mon, Jan 23, 2017
"Total taxes on gold is about 13% at present. This has to come down, between GST and Customs duty, to a reasonable level so that there is no incentive to grey market," Somasundaram P R, head of the WGC's India operations, told PTI.
Fri, Nov 04, 2016
A zero tax on daily necessities as well as lower rate of 5% for items of mass consumption will make the new Goods and Services Tax (GST) regime, to be rolled out from April next year, less regressive, tax experts said.
Thu, Nov 03, 2016
States getting lower revenue than this would be compensated by the Centre.
Wed, Nov 02, 2016
Industry chamber Assocham has made a pitch to Finance Minister Arun Jaitley not to levy cess, but hike GST rate by 1 to 2% to garner additional resources to compensate states for any revenue loss on rollout of the new regime from April next year.
Tue, Oct 18, 2016
"To ensure rates will not be inflationary", Jaitley said.
Thu, Oct 06, 2016
One of its suggestions include that cars other than small cars should attract a GST rate which is 8% more than the standard rate.
Mon, Aug 08, 2016
India's business chamber Assocham has recently said that the standard rate for the Goods and Services Tax (GST) rate in the country should be upto 20%.
Wed, Aug 03, 2016
The Goods and Service Tax (GST) Consitutional Amendment was finally passed after 16 years as the Rajya Sabha voted in favour of it on Wednesday. The bill was unanimously passed by the members of the house.
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