GST

Big companies will be caught if they don't pass on GST benefit to customers: Adhia

Big companies will be caught if they don't pass on GST benefit to customers: Adhia

The Goods and Services Tax Council during its last meeting on November 10 has lowered tax rates on 178 items from 28 percent to 18 percent.

Nov 26, 2017, 09:54 AM IST
CEA Subramanian hints at lesser slabs under GST

CEA Subramanian hints at lesser slabs under GST

CEA Subramanian said although technical glitches have been noticed in filing for returns, the situation will stabilise over the coming months.

Nov 25, 2017, 19:18 PM IST
National Anti Profiteering Authority to be announced within one week: Adhia

National Anti Profiteering Authority to be announced within one week: Adhia

"Maximum one week. We will constitute it within a week," Hasmukh Adhia told ANI.

Nov 25, 2017, 19:12 PM IST
Will takes longer time to include real estate in GST: Sushil Modi

Will takes longer time to include real estate in GST: Sushil Modi

GST rates of 178 items were recently reduced from 28 percent.

Nov 25, 2017, 17:32 PM IST
NDA govt delayed Winter Session to avoid discussion on GST, Rafale deal: Owaisi

NDA govt delayed Winter Session to avoid discussion on GST, Rafale deal: Owaisi

AIMIM leader Asaduddin Owaisi had alleged that the ruling BJP wanted to avoid discussion on GST, demonetisation and Rafale deal.

Nov 23, 2017, 19:45 PM IST
Companies have to ensure GST rate cut benefit reaches common man: Finance Secretary

Companies have to ensure GST rate cut benefit reaches common man: Finance Secretary

FMCG firms and big corporates will have to ensure that retailers pass on the benefit of GST rate cut to consumers, Hasmukh Adhia said on Saturday.

Nov 18, 2017, 23:48 PM IST
Congress supports GST, but not it's implementation: Former PM Manmohan Singh

Congress supports GST, but not it's implementation: Former PM Manmohan Singh

Congress supports Centre's Good and Services Tax (GST), but not the way it was implemented, said former Prime Minister and senior party leader Manmohan Singh. 

Nov 18, 2017, 13:06 PM IST
Govt allows companies to paste new MRP stickers till Dec

Govt allows companies to paste new MRP stickers till Dec

The additional sticker has to be pasted along with the earlier labelling/sticker of MRP, if any. The provision of declaring the new reduced prices will be allowed till December this year, he added.

Nov 17, 2017, 19:24 PM IST
India may not have to wait 13 years for next upgrade: SBI report

India may not have to wait 13 years for next upgrade: SBI report

Finance Minister Arun Jaitley has termed the upgrade as a "belated recognition" of reforms in the last few years, and vowed to continue them while maintaining fiscal discipline.

Nov 17, 2017, 18:08 PM IST
Moody's upgrade positive signal for economy: Shaktikanta Das

Moody's upgrade positive signal for economy: Shaktikanta Das

Large number of reforms have happened in India in the last three years - economic, structural, and institutional. All measures have been on track. 

Nov 17, 2017, 15:55 PM IST
Govt welcomes Moody's rating upgrade move, says investment revival is on priority list

Govt welcomes Moody's rating upgrade move, says investment revival is on priority list

Chief Economic Adviser Arvind Subramanian said that the government will do what it has to do on domestic front, jobs growth and investment revival.

Nov 17, 2017, 10:38 AM IST
In a big boost to Narendra Modi govt, Moody's raises India's rating, hails GST

In a big boost to Narendra Modi govt, Moody's raises India's rating, hails GST

The rating agency said that the reforms will improve the business climate in the country and raise productivity. 

Nov 17, 2017, 08:19 AM IST
Equitable average growth of 7% to be miracle for India: Bill Gates

Equitable average growth of 7% to be miracle for India: Bill Gates

Gates further said that getting the Goods and Services Tax (GST) passed was a step in positive direction.

Nov 16, 2017, 22:17 PM IST
November 16, 2017: All you need to know

November 16, 2017: All you need to know

Here is what is making headlines on November 16, 2017

Nov 16, 2017, 21:38 PM IST
Exporters can now file GST refund claim manually: CBEC

Exporters can now file GST refund claim manually: CBEC

In October, the CBEC had started refunds for merchandise exporters who had paid IGST and claimed refund based on shipping bill by submitting Table 6A.

Nov 16, 2017, 18:46 PM IST
Twitter up in arms against McDonald's as prices remain same despite GST cut

Twitter up in arms against McDonald's as prices remain same despite GST cut

To benefit customers, the government reduced the GST for restaurants to a uniform 5 per cent instead of 12 per cent for non-air conditioned restaurants and 18 per cent for air-conditioned restaurants.

Nov 16, 2017, 18:12 PM IST
GST: Consumers to get rate cut benefits; Cabinet clears setting up of anti-profiteering authority

GST: Consumers to get rate cut benefits; Cabinet clears setting up of anti-profiteering authority

The anti-profiteering measures enshrined in the GST law provide an institutional mechanism to ensure that the full benefits of input tax credits and reduced GST rates on supply of goods or services flow to the consumers.

Nov 16, 2017, 17:23 PM IST
Consumer demand, projects revive India PC sales in Q3: IDC

Consumer demand, projects revive India PC sales in Q3: IDC

The commercial PC market saw 1.52 million units being shipped in the third quarter with the share of large education projects increasing to 50.2 per cent from 45.2 per cent a year ago.

Nov 16, 2017, 17:03 PM IST

Three key reforms have improved transparency, says Arun Jaitley

Recapitalisation will help to redress the twin balance sheet problem and revive private investment, he added.

Nov 16, 2017, 16:26 PM IST
Centre asks states to ensure GST cuts passed on to consumers

Centre asks states to ensure GST cuts passed on to consumers

Paswan further said that the companies would be required to paste stickers of MRP with new GST rates on the products which are ready for retailing. However, a notification in this regard will be issued soon.

Nov 15, 2017, 19:35 PM IST