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News
Indirect tax regime
Indirect tax regime News
GST Council meet
09 Sep 2024
Medical Insurance To Be Exempted Under GST? FM Nirmala Sitharaman Says THIS
Both life insurance and medical insurance premiums attract a GST rate of 18 per cent. Recently, many leaders from opposition-ruled states have requested Finance Minister Sitharaman to reduce GST on medical insurance and premiums.
Rahul Gandhi
29 Oct 2022
Will introduce one GST slab instead of 5 if Cong comes to power: Rahul Gandhi
Rahul Gandhi is doing 'Bharat Jodo Yatra'. GST scheme was implemented by BJP Govt in 2016. GST is an indirect tax that have many tax slabs for different items.
GST Network
27 Sep 2018
Cabinet clears proposal to make GSTN 100% govt-owned company
GSTN Board will initiate the process for acquisition of equity held by the private companies.
GST
21 Sep 2017
Govt frames parameters for division of taxpayers under GST
In a circular to all chief secretaries of states and principal commissioners of Central Tax, the GST Council secretariat laid down guidelines for division of taxpayers on the basis of their turnover to ensure single interface under the new indirect tax regime which was rolled out on July 1.
Arun Jaitley
27 Jun 2017
There may be initial problems during GST rollout: FM
He also said the GST Council will look at bringing real estate within the GST net by next year and revisit taxing of petroleum products under the new regime in 1-2 years.
Indirect tax regime
10 Jun 2017
GSTN asks Suvidha Providers to get systems audited as per ISO
With the looming July 1 deadline for new indirect tax regime, GST Network has asked the GST Suvidha Providers to get their systems audited as per ISO standards before they start feeding data into the network.
GST
29 Mar 2017
GST closer to July 1 rollout: All you need to know
Finance Minister Arun Jaitley on Wednesday moved four Bills for consideration and passage in the Lok Sabha to give effect to the Goods and Services Tax (GST).
GST
04 Mar 2017
GST Council clears crucial CGST, IGST laws; rollout likely by July 1
The GST Council on Saturday fixed a 5 percent tax rate on small hotels and restaurants and approved draft of key supporting legislations to enable rollout of the new indirect tax regime from July 1.
GST
28 Feb 2017
GST to be implemented from July 1 this year; all states on board: Shaktikanta Das
Economic Affairs Secretary Shaktikanta Das on Tuesday said that the Goods and Services Tax (GST) will be implemented from July 1 this year.
P Chidambaram
24 Oct 2016
Too many GST rates could be disastrous: P Chidambaram
Former Finance Minister P. Chidambaram on Monday said that too many GST (Goods and Services tax) rates would be `disastrous` and advocated for reduction of rates in the new indirect tax regime.
GST
26 Sep 2016
KPMG-Ficci tie up for GST awareness
Tax consultancy firm KPMG on Monday said it has tied up with industry chamber Ficci for an awareness campaign on GST to highlight benefits and challenges of the new indirect tax regime.
GST implementation
07 Sep 2016
Running against time on GST implementation, says Jaitley
Terming April 1, a very stiff target, Finance Minister Arun Jaitley on Wednesday said the government is "running against time" for the implementation of GST, but added that he would certainly like to give it a try.
GST
02 Aug 2016
GST set to become a reality as Congress, BJP reach 'broad understanding'
The logjam, which was witnessed in the Parliament in the recent sessions over the Goods and Services Tax (GST) Bill, is likely to end on Wednesday as a `broad understanding` has reached between the NDA Government and the Congress, thus paving way for its passage.
GST
20 Jul 2016
Modi govt hopeful of GST Bill passage in first week of August
Banking on support from regional parties for passage of the GST Bill, Government on Wednesday expressed hope that the Rajya Sabha will clear the indirect tax reform in the first week of August.
GST
29 Jun 2016
Govt will push GST bill passage in monsoon session: Naidu
The government will seek to ensure that the bill on a pan-India goods and services tax (GST) will be passed in the upcoming session of parliament, scheduled from July 18 to August 12, Parliamentary Affairs Minister Venkaiah Naidu said on Wednesday.
GST
14 Jun 2016
Read the full text of Model GST Law
Here is the full text of Model GST Law.
Goods and Services Tax
15 Jan 2016
Govt examining stakeholders feedback on GST
Government is examining the feedback of stakeholders on business processes regarding the proposed Goods and Services Tax (GST) regime, CBEC Chairman Najib Shah said Friday.
GST
02 Jan 2016
FM Jaitley hopeful of GST Bill in ensuing Budget session
After hitting the Congress wall in two successive Parliament sessions, Finance Minister Arun Jaitley on Saturday exuded confidence that landmark GST Bill will be passed in the next session as numbers in the Rajya Sabha will tilt in favour of the new indirect tax regime.
GST
28 Dec 2015
GST certainly doable in 2016; in constant touch with Congress: FM Jaitley
GST, which seeks to simplify and harmonise the indirect tax regime across the country with a single uniform rate, has been stuck for many years in a political gridlock.
GST
26 Nov 2015
Antim Baazi: Chances of passing the GST Bill
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