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India GST

GST collection scales record high of Rs 1.13 lakh cr in April

Total number of summary sales return GSTR-3B filed for the month of March up to April 30 stood at 72.13 lakh. April is the first month of 2019-20 fiscal.

May 01, 2019, 16:39 PM IST

Govt plans insurance scheme for GST-registered small traders

This could be based on the scheme being operated by the Uttar Pradesh government for traders.

Jan 11, 2019, 18:22 PM IST

IMF suggests 3 steps to India to sustain high growth rate

The IMF Board is tentatively scheduled to meet on July 18 for its annual meeting on India.

Jun 29, 2018, 13:43 PM IST

GST Council meeting ends; approves making GST-network a government entity

The meeting comes at a time when Goods and Services Tax (GST) collections achieved its record high by exceeding Rs 1 lakh crore milestone in April.

May 04, 2018, 15:31 PM IST

GST Council meet on Friday; simplification of return form on agenda

The Union Finance Minister Arun Jaitley-chaired council, comprising state finance ministers, will meet through video conferencing.

May 03, 2018, 17:52 PM IST

April GST exceeds Rs 1 lakh crore, Arun Jaitley calls it a landmark achievement

GST collection in April surpassed Rs 1 lakh crore to Rs 1,03,458 crore.

May 01, 2018, 15:54 PM IST

GST collection in April surpasses Rs 1 lakh crore to Rs 1,03,458 crore

The government rolled out the GST regime from July 1 last year.

May 01, 2018, 12:09 PM IST

Make GST inclusion in MRP mandatory, suggests GoM

Among other things, the GoM also suggested lowering the fees for delayed filing of returns to Rs 50 a day from Rs 100.

Oct 30, 2017, 17:17 PM IST

PM Modi reviews banking, GST, 9 infra projects at Pragati interaction

Modi also called for sustained efforts to boost digital payments and work towards a less cash society.

Sep 27, 2017, 18:41 PM IST

Ready or not, Indian businesses brace for biggest-ever tax reform

Businessman Pankaj Jain is so worried about the impending launch of a new sales tax in India that he is thinking of shutting down his tiny textile factory for a month to give himself time to adjust.

Jun 28, 2017, 15:41 PM IST

Industry chambers meet Adhia, discuss model GST law

Raising concerns over the model GST law, industry chambers today sought more clarity on various issues like dual administrative control, discretionary power of tax authorities and taxation of electricity.

Aug 19, 2016, 19:21 PM IST

Traders against proposed GST; say it is more complex

With the government hopeful of passing Constitutional amendment bill on the Goods and Services Tax (GST) in the forthcoming Parliament session, traders are opposed to it, saying that in the current form, it is more complex and needs to be simplified.

Jul 03, 2015, 20:50 PM IST

GST Bill should be sent to Select Committee: Manmohan Singh

The passage of the bill however seems unlikely in this session.

May 09, 2015, 19:51 PM IST

GST meet: Consensus on imports and registration

The Empowered Committee of state finance ministers on GST have reached a consensus on issues related to imports, registration and authorised GST network company to go ahead with preparation of IT platform for GST.

May 08, 2015, 19:46 PM IST

Govt hopeful of getting GST Bill passed in LS next week

The government is hopeful of getting the GST Constitution Amendment Bill passed in the Lok Sabha next week, paving the way for implementation of the new indirect tax regime from April 2016.

May 01, 2015, 14:36 PM IST

GST to be a reality soon: FinMin

Minister of State for Finance Nirmala Sitharaman also emphasised that the NDA government has zero tolerance towards corruption and would focus on "accountability in the tax administration".

Aug 12, 2014, 22:07 PM IST

Will implement GST if we come to power: Modi

Modi said efforts should be made to ensure that states do not suffer revenue loss after implementation of GST.

Apr 18, 2014, 20:02 PM IST

Jaitley advocates hike in income tax exemption limit

Jaitley sought immediate implementation of the Goods and Service Tax.

Apr 05, 2014, 00:12 AM IST

India committed to taking 'hard' decisions on economy: PM

Singh assured Japanese industry that the long-awaited Goods and Services Tax (GST) regime facing hurdles from states will be in place in an "appropriate type" by 2014.

May 28, 2013, 11:33 AM IST

Panel to frame model GST law; 3 committees to address issues

State finance ministers on Thursday decided to prepare model legislation and set up three committees to sort out various issues for smooth roll-out of the Goods and Services Tax (GST).

Feb 14, 2013, 21:55 PM IST