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GAAR from April 1, 2017; to be invoked in fair, rational manner: CBDT

GAAR from April 1, 2017; to be invoked in fair, rational manner: CBDT

GAAR, it said, will come into force from April 1 and can be invoked only through a two-stage process involving a nod at the level of principal commissioner of income tax and a panel headed by a high court judge.

80% items in GST within 18% rate; to benefit honest people 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.

GST rollout: India's biggest tax reform- Key facts you should know GST rollout: India's biggest tax reform- Key facts you should know

Key facts you should know about the India's new tax regime GST (Goods and Services Tax).

July 1 to be observed as GST Day: CBEC

As India transits to a new era with rollout of GST, the government is leaving no stone unturned for a smooth switchover and has asked tax offices to convert into GST Seva-Kendras to provide all assistance to tax payers.

GST to substantially increase revenue of states: Gadkari GST to substantially increase revenue of states: Gadkari

Union Transport Minister Nitin Gadkari on Friday said the GST (Goods and Services Tax) would increase the revenue of states by up to 25 per cent and the central government may never have to compensate them.

GST's 17-year roller coaster ride to climax Friday midnight GST's 17-year roller coaster ride to climax Friday midnight

After 17 tumultuous years, a nationwide Goods and Services Tax (GST) will rollout from Friday midnight, overhauling India's convoluted indirect taxation system and unifying the USD 2 trillion economy with 1.3 billion people into a single market.

GST rollout from July 1: List of dearer and cheaper goods, services GST rollout from July 1: List of dearer and cheaper goods, services

Here's a list of products that will become expensive and cheaper after the implementation of GST.

Here are the tax slabs that will come into effect after GST Friday mid-night rollout Here are the tax slabs that will come into effect after GST Friday mid-night rollout

Check out the tax slabs that will come into effect after the GST is introduced shortly after midnight on July 1, 2017.

Petrol, diesel price on 30th June 2017: Check out the rates here Petrol, diesel price on 30th June 2017: Check out the rates here

Here is the list of Petrol, diesel price for 30th June 2017.

Starry midnight in Central Hall to welcome GST – These big names will attend the launch Starry midnight in Central Hall to welcome GST – These big names will attend the launch

Reminiscent of India's tryst with destiny on the midnight of August 15, 1947, the event will be graced by President Pranab Mukherjee and Prime Minister Narendra Modi.

Stage set for India's historic tax overhaul; FM urges opposition to not skip midnight GST launch today Stage set for India's historic tax overhaul; FM urges opposition to not skip midnight GST launch today

Stage is set for the launch of a nationwide goods and services tax at midnight Friday amid protests from opposition parties who see hardships to small businesses in pushing through the biggest economic reform without preparations.

GST launch: Stage set for India's biggest tax reform; Opposition to boycott gala midnight event GST launch: Stage set for India's biggest tax reform; Opposition to boycott gala midnight event

Stage is set for the launch of a nationwide goods and services tax at midnight Friday amid protests from opposition parties who see hardships to small businesses in pushing through the biggest economic reform without preparations.

Indians' money in Swiss banks hit record low of 676 million francs Indians' money in Swiss banks hit record low of 676 million francs

Money parked by Indians in Switzerland's banks nearly halved to 676 Swiss francs (about Rs 4,500 crore) in 2016 to hit a record low amid a continuing clampdown on the suspected black money stashed behind their famed secrecy walls.

Don't skip midnight GST launch, FM Arun Jaitley urges Opposition Don't skip midnight GST launch, FM Arun Jaitley urges Opposition

Finance Minister Arun Jaitley today asked opposition parties such as Congress and the Left to reconsider their decision to skip the midnight GST launch tomorrow saying they were all consulted on the indirect tax reform and cannot run away from it.

GST's red-carpet entry: Impact on consumers, traders, government GST's red-carpet entry: Impact on consumers, traders, government

With the biggest tax reform set to receive a red carpet welcome in Parliament`s Central Hall when the clock strikes midnight on June 30, the Goods and Services Tax will irreversibly impact consumers, traders, businesses as well as the revenue collection machines of the states and the centre.

RBI independent within limits set by government, says Y V Reddy RBI independent within limits set by government, says Y V Reddy

In a humorous vein, Reddy, who was Governor between 2003 and 2008, recalls what he had said in reply to a journalist`s question on how independent RBI was, when he had just taken over.

GST will be India's 'economic freedom': Anil Ambani GST will be India's 'economic freedom': Anil Ambani

Anil Ambani termed GST as India's "economic freedom" and said it would make the country the biggest free and democratic market in the history of humankind.

Petrol, diesel price on 29th June 2017: Check out the rates here Petrol, diesel price on 29th June 2017: Check out the rates here

Check out is the price of petrol and diesel in your city for 29th June 2017.

Jammu and Kashmir govt to take final call on GST implementation today Jammu and Kashmir govt to take final call on GST implementation today

A meeting of the all-party consultative group is scheduled for today at 4 pm.

Zee Media Exclusive: GST will lead to increased tax compliance, says Finance Minister Arun Jaitley Zee Media Exclusive: GST will lead to increased tax compliance, says Finance Minister Arun Jaitley

Discussing various intricacies associated with GST, FM Jaitley explained how more efficient tax system will lead to increased compliance in the country.

Union Cabinet approves recommendations of 7th Pay Commission on allowances Union Cabinet approves recommendations of 7th Pay Commission on allowances

Union Cabinet has approved recommendations of 7th Pay Commission on allowances on Wednesday.