August 1, 2017
Nitin Gadkari

Nitin Gadkari pitches for lower GST on alternative fuels

Road Minister Nitin Gadkari has written to Finance Minister Arun Jaitley seeking a reduction in excise duty on alternative fuels such as biodiesel and ethanol, to encourage eco-friendly fuel. Biodiesel […]
August 1, 2017
Overview-of-Goods-and-Services-Tax-(GST)

IGST collection from imports rises about 60% in just one month of GST

NEW DELHI: The collection of Integrated Goods and Services Tax from imports crossed Rs 20,000 crore in July — the first month of the roll out of the new indirect […]
July 31, 2017
hasmukh-adhia759

5 lakh businesses opt for composition scheme under GST: Hasmukh Adhia

NEW DELHI: Five lakh businesses have opted for the GST composition scheme, which allows them to pay taxes at a concessional rate and makes compliance easy, the government said today. […]
July 31, 2017
Arun Jaitley

GST Not an Easy Reform to Implement, says Arun Jaitely

Chennai: The goods and services tax (GST) was not an “easy reform to implement” but it has evoked “great” public support with the government deciding not to blink in the […]
July 31, 2017
modi

GST has big positive on economy, benefits can be seen within a month: Narendra Modi in Mann Ki Baat

NEW DELHI: The benefits of goods and services tax (GST) can be seen within a month of its implementation as it has produced a “big positive effect” on the economy, […]
July 29, 2017
shutterstock149566307-crop-600x338

Insurance may fall under 12% tax slab in GST, from 14% service tax currently

Insurance industry is expected to come under the 12 per cent tax slab in the Goods and Services Tax (GST) regime that will be implemented from April 1, 2017. Currently, […]
July 28, 2017
telecom companies

GST compliance delays billing cycle for telecom companies

KOLKATA: A section of postpaid users and corporate customers are getting their monthly mobile bills late as big phone companies are struggling to capture the impact of the goods and […]
July 28, 2017
yogi-adityanath

GST impact: Yogi govt breached ‘One Nation, One Tax’ theme, say SMEs

The small and medium enterprises in Uttar Pradesh have pilloried the Yogi Adityanath government for purportedly breaching the spirit of ‘One Nation, One Tax’ theme of the Goods and Services […]
July 27, 2017
GST

Businesses blindsided by unclear GST rules

India’s nationwide Goods and Services Tax (GST) was meant to unify the $2 trillion economy and make it easier for companies to transact across state borders. Nearly a month on, […]
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