GST

Govt lowers additional borrowings to Rs 20K cr in FY18

Govt lowers additional borrowings to Rs 20K cr in FY18

The reduced borrowing would help contain fiscal deficit within the target.

Jan 17, 2018, 12:25 PM IST
CII calls for inclusion of petroleum and natural gas under GST

CII calls for inclusion of petroleum and natural gas under GST

GST has been rolled out from 1 July 2017 by subsuming most of the Central and State indirect taxes into a single tax.

Jan 17, 2018, 10:58 AM IST
Movement of goods set to be easy with e-way bill from February 1

Movement of goods set to be easy with e-way bill from February 1

Inter-state movement of goods beyond 10 kms, with a value of Rs 50,000 and above, will mandatorily require e-way bill from February 1.

Jan 12, 2018, 17:37 PM IST
Government to discuss bringing real estate under GST next week

Government to discuss bringing real estate under GST next week

The GST Council may allow states to impose Stamp Duty and Property Tax on real estate.

Jan 12, 2018, 13:03 PM IST
COAI seeks relief on tax demand over rebate on SIM sale

COAI seeks relief on tax demand over rebate on SIM sale

Telecom companies transfer prepaid vouchers and SIM cards to independent distributors at a discount, who then sell them to retailers and subscribers.

Jan 11, 2018, 12:01 PM IST
FPCE demands action against builders enriching themselves under guise of GST

FPCE demands action against builders enriching themselves under guise of GST

The FPCE, which is working for the cause of homebuyers, said the double burden of Equated Monthly Installment (EMI) and rent is breaking the backbone of a homebuyer for no fault of his or her.

Jan 11, 2018, 12:00 PM IST
Housing sales dip 6% in NCR due to RERA and GST

Housing sales dip 6% in NCR due to RERA and GST

The RERA came into force from May 2017, while the GST was launched in July last year.

Jan 11, 2018, 11:55 AM IST
Budget 2018: Aerated fruit drinks likely to get cheaper

Budget 2018: Aerated fruit drinks likely to get cheaper

In the upcoming Budget the government my remove 12 percent cess on the aerated fruit drinks.

Jan 10, 2018, 12:09 PM IST
World Bank praises Narendra Modi government, projects 7.3 percent growth for India in 2018

World Bank praises Narendra Modi government, projects 7.3 percent growth for India in 2018

In comparison with China, which is slowing, the World Bank is expecting India to gradually accelerate.

Jan 10, 2018, 06:14 AM IST
Activists write on sanitary pads to protest 12% GST, demand waiver

Activists write on sanitary pads to protest 12% GST, demand waiver

“Free napkin, at least GST free napkins, must reach women,” say activists.

Jan 09, 2018, 23:41 PM IST
Union Budget 2018: Govt may announce extension on transitional tax credit scheme

Union Budget 2018: Govt may announce extension on transitional tax credit scheme

TRAN-1 is to be filed by those businesses that are keen to claim credit for taxes paid before the launch of GST on 1 July.

Jan 09, 2018, 13:58 PM IST
Don't resort to knee-jerk reaction: Assocham to govt on GST slip

Don't resort to knee-jerk reaction: Assocham to govt on GST slip

Industry body Assocham has cautioned the government against resorting to a "knee-jerk" reaction to deal with slippage in GST collections, and said those revenues would pick up once the glitches in the system are addressed.

Jan 08, 2018, 15:59 PM IST
Govt notifies 1% GST on manufacturers under composition scheme

Govt notifies 1% GST on manufacturers under composition scheme

The notification stipulates that manufacturers who have opted for composition scheme will now have to pay 1 percent Goods and Services Tax (GST) as against 2 percent earlier.

Jan 02, 2018, 20:11 PM IST
Big companies to appeal court on transitional credit losses

Big companies to appeal court on transitional credit losses

TRAN-1 is to be filed by those businesses that are keen to claim credit for taxes paid before the launch of GST on 1 July.

Jan 02, 2018, 12:02 PM IST
Realty sector tested by critical reforms this year; hopes for better 2018

Realty sector tested by critical reforms this year; hopes for better 2018

Real estate developers and consultants expect housing sales to improve, although gradually, as prices have become stable after much-needed correction in last few years and interest rates on home loans have softened.

Dec 31, 2017, 16:23 PM IST
Note-ban, GST became possible due to PM Modi's leadership: Manohar Parrikar

Note-ban, GST became possible due to PM Modi's leadership: Manohar Parrikar

Goa Chief Minister Manohar Parrikar said decisions such as demonetisation and the roll-out of the Goods and Services Tax could be implemented because of the "bold leadership" of Prime Minister Narendra Modi.

Dec 29, 2017, 16:37 PM IST
Mann Ki Baat beats Aadhaar and GST as most trending Twitter hashtag in 2017

Mann Ki Baat beats Aadhaar and GST as most trending Twitter hashtag in 2017

Prime Minister Narendra Modi`s radio programme "Mann Ki Baat" was the most trending hashtag on Twitter in 2017, followed by #jallikattu and #GST, the micro-blogging platform said on Thursday.

Dec 28, 2017, 11:29 AM IST
Looking back: Business news maker in 2017

Looking back: Business news maker in 2017

Here's a recap of what happened in the business world in 2017.

Dec 23, 2017, 18:06 PM IST
IMF says demonetisation, GST brought short-term pain but long-term benefits: Report

IMF says demonetisation, GST brought short-term pain but long-term benefits: Report

The IMF is slated to come out with an update of its projections of India's growth rate along with the rest of the world in January.

Dec 22, 2017, 14:32 PM IST
Now, GST to be part of MBA, MA courses at Savitribai Phule University in Pune

Now, GST to be part of MBA, MA courses at Savitribai Phule University in Pune

The Academic Council of the University had taken the decision to add the GST Act as a subject for MBA and MA courses. 

Dec 20, 2017, 09:02 AM IST