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1 min read
9 important changes and key takeaways from the 53rd GST Council meeting
A compilation of all the significant measures and changes announced by Finance Minister Nirmala Sit…
3 mins read
Cloud kitchens are restaurants, ice cream is not food and other important clarifications that will affect GST rates
One of the reasons behind this is the ever-evolving business landscape – for instance, while clo…
2 mins read
Glee.S.T! January 2021 GST collection may have beat the December record
More than ₹1.2 lakh crore may have been collected in January, compared to ₹1.15 lakh crore in Decem…
3 mins read
The Indian government is risking a tighter noose on 'tax evaders' as GST collections remain short of target
The Indian government is planning to prohibit companies from generating e-way bills for the tra…
2 mins read
With 32 million jobs at stake in India’s auto sector, the Modi government may ease tax burden on cars
Currently, the automobile sector attracts 28% GST along with personal-use aircrafts, lotteries…
1 min read
GST collections drop to ₹87,422 cr in July
GST collections in July fell to Rs 87,422 crore from Rs 90,917 crore in June, according to a Fina…
PTI
1 min read
Countdown to GST rollout begins; Arun Jaitley says GST new journey for India
The rollout will be announced in the presence of President Pranab Mukherjee, Vice President Ham…
1 min read
Earning income by renting commercial properties? Be ready to shell out GST. Here are the details
Rental income received from residential house is exempt. But if you have given your unit to commerc…
1 min read
As GST date draws near, govt sets up a special war room for related queries
Just two days are left before India implements goods and services tax (GST), the biggest tax reform…
1 min read
Leading consumer electronic retail chains are getting richer before GST
Moreover, the industry would face a slump next month since customers have already purchased what th…
1 min read
Get ready for 7-hour GST debate in Lok Sabha today. Here are the details
The Indian Government wants to push GST roll out by July 1 and is looking for majority on the bill,…
1 min read
Lok Sabha passes GST Bills. Here’s what will happen next
The four GST bills- central GST, integrated-GST, union territory-GST and the compensation Bill –wer…
1 min read
GST rate slabs finalized between 5% and 28%
The four-rate structure at 5%, 12%, 18% and 28% was finalized during the GST Council meeting. The s…
1 min read
Here’s how common man, corporates are going to benefit from GST
The GST, once implemented, will bring all states and people of India under one tax regime and reduc…
1 min read
Government wants to make sure GST benefits reach consumers, may discuss anti-profiteering clause
Finance Minister Arun Jaitley said the matter will be discussed so that the prices are not hiked wh…
1 min read
India Inc says GST bill is biggest milestone after 1991 Economic Reforms
The India Inc said once implemented, the GST Bill will bring transparency in the system and propel …
1 min read
GST will boost growth in India but may miss April 2017 target: ASSOCHAM
The Rajya Sabha passed the Constitutional Amendments for GST Bill, which will now go to a GST Counc…
1 min read
Former Finance Minister Chidambaram insists on mentioning 18% GST rate in the amendment bill
Chidambaram said the GST was also a major concern for the people of the country and was not only a …
1 min read
Crude oil, petroleum products may be covered under GST
If brought under the GST regime, it will reduce the inflationary impact of the tax. The GST council…