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Latest Articles in goods and services tax

IMF Economist Gita Gopinath Meets PM, Lists Key Factor In Economic Slowdown

The Prime Minister's Office (PMO) posted pictures of Prime Minister Modi with Gopinath on its Twitter handle.

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Revenue Department Holds High-Level Meeting To Rs 13.5 Lakh Cr Direct Tax Collection Target

This crucial meeting was chaired by Revenue Secretary Dr Ajay Bhushan Pandey and was also attended by the Goods and Services Tax (GST), and Central Board of Indirect Taxes and Customs officials including members of both the boards.

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IT Stocks Propel Indian Shares To All-time Peaks

The Nifty was up 0.15 per cent at 12,183.50, as of 0356 GMT, having touched an all-time high of 12,197.65 earlier in the session.

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Impact Of GST Will Take Time To Show Results: Bibek Debroy

Collections under the GST, which was introduced in July 2017, has remained mostly below the target.

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Govt Working On More Measures To Boost Economy: Sitharaman

GDP growth slowed down to more than six-year low of 4.5 pc in second quarter of current fiscal from 5 pc recorded in first quarter.

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GST Mop-Up Crosses Rs 1 lakh Crore

The government, however, said the revenues shot up sharply in November due to festival demand in October.

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India's October Services Activity Contracts For Second Straight Month

The last time services activity contracted for two consecutive months was in August 2017 following the hasty implementation of a Goods and Services Tax (GST).

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NRI Investors View Indian Real Estate Today

For a property sold after two years from the date of purchase, profit earned on the capital gain is exempted from the income tax. NRIs can invest and earn rental income in India without any trouble

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GST Council Discusses Revenue Shortfall, Sets Up GoM On 'Calamity Tax'

The panel, headed by Union Finance Minister Arun Jaitley and comprising of representatives of all states and UT, also took stock of the shortfall in tax mop up by majority of the states under GST

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Govt Policies Imposing 'Excessive Costs' On Airlines In India: IATA Chief

IATA Chief Alexandre de Juniac said the Government policies force "excessive costs" on Indian airlines along with the infrastructure constraints and GST on international air tickets violates ICAO Principles

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Chidambaram Blames Govt For Rise In Petrol Prices, Says It Is Due To 'Excessive Taxes'

Senior Congress Leader P. Chidambaram condemns the NDA Government over petrol price rise, demands petrol and diesel be brought under GST net to cut excessive taxes on them

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IMF Forecasts India's GDP To Grow At 7.5 Percent In 2019/20 Fiscal Year

Growth is forecast to rise to 7.3 per cent in fiscal year 2018/19 and 7.5 per cent in 2019/20 on strengthening investment and robust private consumption, IMF Report said

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Reduction In Oil Duties Best Solution To Check Fuel Price Rise: Assocham

The chamber further suggested to the Centre to bring oil products within the ambit of the Goods and Services Tax (GST) so that India's fuel prices match international rates

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Intra-State E-Way Bill Rollout In 5 States From Apr 15

Touted as an anti-evasion measure and would help boost tax collections by clamping down on trade that currently happens on cash basis, the e-way bill provision of the goods and services tax (GST) was first introduced on February 1

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SBI Reduces Charges On Non-Maintenance Of Minimum Balance

The charges for non-maintenance of AMB for customers in metro and urban centres have been reduced from a maximum of Rs 50 per month plus goods and services tax (GST), to Rs 15 per month plus GST. The above revision will benefit 25 crore bank customers

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