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Latest Articles in goods and service tax

PM Narendra Modi Takes Stock Of GST Readiness, Steps To Check Black Money

Prime Minister Narendra Modi on Tuesday took stock of the steps taken by the finance ministry for a smooth rollout of GST and anti-black money drive post note ban, among others

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FM Jaitley Promises No Surprises In GST Rate Fixation

Finance Minister Arun Jaitley has promised not to spring any surprises in fixing tax rates under the new GST regime but asked India Inc to pass on benefit of reduced taxes to consumers and not profiteer

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Compliance Rating For Industry Under GST 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

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GST Not To Be Inflationary, Says Hasmukh Adhia

In an exclusive interview with BW Businessworld’s Suman K Jha, Union Revenue Secretary Hasmukh Adhia answers a range of questions on GST, and says there’s no reason to believe that GST will stoke inflation

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Make Arrangements For Speedy GST Rollout: PM Modi To States

Prime Minister Narendra Modi on Sunday said the states should make legislative arrangements "without delay" for GST rollout from July 1

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GST Reform An 'Act Of Courage', Says IMF Chief Christine Lagarde

Describing the ongoing Goods and Services Tax (GST) reform as an "act of courage", IMF chief Christine Lagarde has said she expects "some positive outcome" as a result of the decision

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Centre, States Taxmen To Decide Services Rate In GST This Week

Tax officials of the central and state governments will this week hold their maiden meeting on devising a formula for tax rate to be levied on services under the Goods and Services Tax regime from July 1

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President Mukherjee Gives Assent To Four Supporting Legislations On GST

President Pranab Mukherjee has given assent to four key legislations on Goods and Services Tax, paving the way for the roll out of one-nation-one- tax regime from July 1

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GST Coming July 1 Despite Calls For Delay, Says Revenue Secretary Hasmukh Adhia

India's most ambitious tax reform since Independence would transform its $2 trillion economy and market of 1.3 billion people into a single economic zone with common indirect taxes -- something that neither the European Union nor the United States can boast

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'GST A Game-changer For Malaysia; It Will Certainly Help India'

In an exclusive conversation with BW Businessworld’s Editor-in-Chief Anurag Batra, Malaysia Prime Minister Mohd Najib Tun Razak talks about his just-concluded visit to India

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India's Growth To Accelerate To 7.4 Per Cent In 2017-18: ADB

The Asian Development Bank on Thursday said that India's growth rate will improve to 7.4 per cent during 2017-18 and go up further to 7.6 per cent in the next fiscal, remaining ahead of China

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Revenue Department Allows More Time For GST Registration Till April

The revenue department has extended by a month till April-end the enrolment of dealers with GSTN, the IT backbone for the new set-up, as so far only 60 per cent of the existing assessees are done with the switchover

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GST Will Be Implemented From July 1, Says MoS Finance Meghwal

Union Minister of State for Finance Arjum Ram Meghwal on Sunday expressed confidence that the historic tax reform Goods and Services Tax will roll out from July 1

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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

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GST In Logistics: A Game Changer

Logistics expense determines the final cost of any product and it pinches the end-user’s pocket often. GST which is labelled as a game changer - perhaps India’s most significant tax reform in decades will have wide repercussions for the logistics sector.

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