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AITAF urges Jaitley to scrap proposed E-way bills under GST

The All India Tax Advocates` Forum (AITAF) has urged Finance Minister Arun Jaitley to completely scrap the proposed E-way bills under the new tax regime of the Goods and Service Tax (GST) for convenience of small time traders as well as prevention of their probable harassment.

 GST: Centre and states fail to reach consensus on jurisdiction over assessees

GST: Centre and states fail to reach consensus on jurisdiction over assessees

The Centre and states on Sunday failed to reach a consensus on who will control which set of assessees under GST.

'Benefits from GST to show up over time, not immediately'

'Benefits from GST to show up over time, not immediately'

GST benefits are likely to accrue over time rather than immediately, though in the long run the indirect tax regime will boost growth, lower costs and strengthen tax revenues, says a report.

Govt finalises four-tier GST tax structure; zero rate on foodgrains used by common man

Govt finalises four-tier GST tax structure; zero rate on foodgrains used by common man

A four-tier GST tax structure of 5, 12, 18 and 28 percent that aims to lower tax incidence on most goods and keep out essential items was decided by a high-powered council on Thursday -- a major breakthrough for rollout of the Goods and Services Tax regime from April 1 next year.

Market review: Healthy Q2 results, value buying lift equity markets

Market review: Healthy Q2 results, value buying lift equity markets

The government`s efforts to build consensus on the key contours of the Goods and Services Tax (GST) regime and healthy quarterly earnings lifted the Indian equity markets during the week ended Friday.

GST Council to hold its first meeting today

GST Council to hold its first meeting today

The council will decide on long pending issues of threshold limit for applicability of the tax as well as the limit for dual control between Centre and states. Union Finance Minister Arun Jaitley will chair the meeting.

GST slabs necessary for transition: Arjun Ram Meghwal

GST slabs necessary for transition: Arjun Ram Meghwal

The Goods and Services Tax (GST) will have few tax rate slabs beside a standard rate but only for a transition period before India gradually moves to a pure single tax rate regime, Union Minister of State for Finance Arjun Ram Meghwal said.

GST Bill set to be ratified in monsoon session of AP Assembly

 The three-day monsoon session of Andhra Pradesh Legislative Assembly will be held from Thursday with the two Houses set to ratify the Constitution (122nd Amendment) Bill, paving way for the introduction of Goods and Services Tax.

We should protect and preserve our unity, integrity: PM on GST

 Asserting that India must strive to protect and preserve its unity and integrity, Prime Minister Narendra Modi on Sunday through the 23rd installment of his monthly special-Mann Ki Baat hailed the unanimous passage of the Goods and Services Tax (GST) Amendment Bill.

Assocham for penalty waiver in initial phase of GST rollout

Assocham for penalty waiver in initial phase of GST rollout

Ahead of the meeting of Empowered Committee of State FMs with industry chambers, Assocham on Friday said it will press for waiver of penalties on unintentional compliance errors which may occur during the initial phase of Goods and Services Tax (GST) implementation.

Finance Ministry mulling advancing Union Budget by a month

Finance Ministry mulling advancing Union Budget by a month

Union Budget has for decades been presented on last day of February, but this could soon change with the government mulling advancing it to January end so as to complete the budget exercise before the beginning of the new fiscal.

Goods and Service Tax to impact annual budget too?

Goods and Service Tax to impact annual budget too?

Zee Media Bureau

New Delhi: The Goods and Service Tax once implemented is going to trim down the Union budget.

GST Bill will boost the economic growth of country: Arun Jaitley

GST Bill will boost the economic growth of country: Arun Jaitley

Share Bazar, Mandi Live, Aap Ka Bazar, First Trade, Big Debate etc.

GST to curb black money, April 2017 rollout tough: Experts

GST to curb black money, April 2017 rollout tough: Experts

The Goods and Services Tax (GST) regime will weed out black money and usher in an efficient taxation system, but the April 2017 rollout deadline appears to be challenging, experts said.

Congress hopes CGST, IGST bills are brought as financial bills

Congress hopes CGST, IGST bills are brought as financial bills

Former Finance Minister and senior Congress leader P Chidambaram said he was only half satisfied with the Finance Minister's promise made in the Upper House in this regard.

GST: How it will impact the real estate sector

GST: How it will impact the real estate sector

Implementation of the GST law will have a positive impact on the real estate sector with expected reduction in its tax burden, according to property developers and consultants.

GST to be simple with 1% additional tax removal: Experts

GST to be simple with 1% additional tax removal: Experts

With the government dropping the contentious 1 percent additional inter-state tax, the proposed national sales tax or the GST stands simplified with aberrations removed, said tax experts.

GST Bill likely to be tabled in Rajya Sabha next week

GST Bill likely to be tabled in Rajya Sabha next week

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Govt trying to pass GST bill this session: Meghwal

Government is working overtime to build a consensus on the long-pending Goods and Services Tax (GST) bill with the hope of getting it passed during the ongoing Parliament session, Minister of State for Finance Arjun Ram Meghwal said Monday.

GST bill will continue to rule market sentiments

GST bill will continue to rule market sentiments

As foreign funds returned as net buyers of Indian equities, two key market indices -- the sensitive index (Sensex) of the BSE and the Nifty of the National Stock Exchange (NSE) -- rebounded towards the latter part of the week on value buying to close with small losses.