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News
implementation of GST
Implementation of GST News
Online recruitment activity
04 Aug 2017
Online recruitment activity rise 13% in July: Monster
Online recruitment activity registered a 13 percent increase in July over the year-ago period, the highest growth recorded in 2017, says a survey.
Finance Minister Arun Jaitley
02 Aug 2017
Finance Minister indicates scope for rationalisation of rates under GST
He gave the indication in the Lok Sabha while replying to a debate on the Central Goods and Services Tax (Extension to Jammu and Kashmir) Bill, 2017 and the Integrated Goods and Services Tax (Extension to Jammu and Kashmir) Bill, 2017 which were later passed by a voice vote.
World Customs Organisation (WCO)
21 Jul 2017
WCO praises India for reforms in taxation system
As per a finance ministry release, the WCO Secretary General also appreciated the various initiatives taken by the Indian Customs to facilitate trade particularly the release of the National Trade Facilitation Action Plan (NTFAP).
implementation of GST
07 Jul 2017
Govt asks traders to issue advertisement about price hike post GST
To clear pre-GST stocks, the government had earlier this week allowed use of dual stickers reflecting the new rate along side the old printed price of a product for three months.
American cult bike brand
07 Jul 2017
Indian Motorcycle cuts prices of 3 models by up to Rs 2.21 Lakh
The post GST price of Indian Scout model will be Rs 12.99 lakh as against Rs 14.75 lakh earlier, a reduction of 12 percent, the company said in a statement.
Maharashtra Government
04 Jul 2017
GST impact: Maharashtra govt hikes registration tax on motor vehicles
The government has, however, capped the tax amount for high-end imported cars at Rs 20 lakh as against 20 percent of the total car cost that was being charged earlier.
Union Power Minister Piyush Goyal
02 Jul 2017
GST Rollout in J&K in next few days: Piyush Goyal
J&K Finance Minister Haseeb Drabu had on Saturday stated in New Delhi that the state is likely to clear the legislation on the indirect tax regime by July 6.
GST
01 Jul 2017
Implementation of GST should be smooth: Odisha CM Naveen Patnaik
The GST was launched in Parliament at the stroke of midnight, much like the solemn function which marked the country's independence.
New Delhi
01 Jul 2017
Mahindra sales dip 8% at 35,716 units in June
Commercial vehicle sales were up 12 percent at 15,131 units in June against 13,538 units in the year-ago period, the company said.
New Delhi
01 Jul 2017
Hyundai domestic sales drop 6% to 37,562 units in June
In January-June, the domestic sales figure for the automaker stood at 2,53,428 units, up 4.1 percent from 2,43,442 in the year-ago period.
Goods and Services Tax (GST)
30 Jun 2017
GST to make India a simpler, more revenue generating economy
GST will be rolled out nation-wide from Friday midnight, overhauling India's convoluted indirect taxation system and unifying the over USD 2 trillion economy with 1.3 billion people into a single market.
GST
30 Jun 2017
GST regime to boost organised jewellery retailers: CRISIL
Currently, the unorganised player's annual revenue estimated by CRISIL at about Rs 2.85 lakh crore.
Central Board of Excise and Customs
27 Jun 2017
'War room' set up to deal with GST crises
A team of tech-savvy young officers will be manning the "war room" to assist officials in resolving their GST-related queries, sources said.
Nirmala Sitharaman
17 May 2017
Exports rising despite global headwinds: Nirmala Sitharaman
The minister said even in this type of environment, domestic exporters are doing good.
Demonetisation
22 Jan 2017
GDP may slow down if GST implemented in hurry: Tax officials to FM
Claiming that demonetisation has affected country's growth, a major central revenue body has asked Finance Minister Arun Jaitley not to implement Goods and Services Tax (GST) in a hurry and threatened to take legal recourse in case their concerns are not addressed.
States compensation
26 Nov 2016
Centre to compensate states every quarter for GST revenue loss
States will receive provisional compensation from Centre for loss of revenue from implementation of GST every quarter but the final annual number would be decided after an audit carried out by CAG.
Impementation of Gods and Service Tax
12 Sep 2016
'Government moving ultra-fast, April 2017 GST deadline achievable'
With the government moving at "ultra-fast" pace on GST, the cut-off date of April 1, 2017, for rolling out the new indirect tax regime now seems achievable, tax experts said today.
Taxmen
15 Jul 2016
Income Declaration Scheme: Government wants people to clean up their books, says Finance Minister
Maintaining that the relationship between taxmen and assessees is undergoing a change, Finance Minister Arun Jaitley said yesterday that the aim of the Income Declaration Scheme-2016 is to send a firm message to the people to clean up their books.
GST
25 May 2015
Confident of GST's implementation by next April: Jaitley
Union Finance Minister Arun Jaitley Monday said he was confident that Goods and Services Tax regime would come into force from April 2016.
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