Goods And Services Tax Regime


'Goods And Services Tax Regime' - 139 News Result(s)

  • Transition To GST Fairly Smooth Despite Attempts To Derail It: Arun Jaitley

    Transition To GST Fairly Smooth Despite Attempts To Derail It: Arun Jaitley

    India's transition to the Goods and Services Tax regime has been "fairly smooth" despite attempts by "ill-informed" Opposition leaders to derail its implementation, Finance Minister Arun Jaitley has said.

  • 'Attempts To Derail' GST Have Failed, Says Finance Minister Arun Jaitley

    'Attempts To Derail' GST Have Failed, Says Finance Minister Arun Jaitley

    Despite "attempts to derail" the recently introduced Goods and Services Tax or GST, the states are adopting the new regime at a fast pace, Finance Minister Arun Jaitley has said.

  • GST Revision 'Utterly Fails' To Solve Problems, Says Congress

    GST Revision 'Utterly Fails' To Solve Problems, Says Congress

    Keeping up the pressure on the government for the disruption caused due to the Goods and Services Tax, the Congress on Saturday welcomed the "interim relief" cleared by the GST council yesterday but stressed the government had "utterly failed" to address the structural problems of the tax regime.

  • Bring Petrol, Diesel Under GST Regime: Rahul Gandhi To Government

    Bring Petrol, Diesel Under GST Regime: Rahul Gandhi To Government

    Congress Vice President Rahul Gandhi demanded that petrol and diesel be brought under the Goods and Services Tax regime to prevent "excessive profiteering".

  • Major Changes To GST To Help Small Companies, Exporters: 10 Points

    Major Changes To GST To Help Small Companies, Exporters: 10 Points

    Three months after rolling out the Goods and Services Tax, the GST council on Friday carried out major changes to the new national tax regime to ease compliance norms for small and medium companies and reduced tax rates on nearly two dozen items. Finance Minister Arun Jaitley, who heads the council, also announced businesses with a turnover of up t...

  • Key GST Changes Expected For Relief To Businesses Today: 10 Points

    Key GST Changes Expected For Relief To Businesses Today: 10 Points

    A day-long meeting of the powerful GST council to revisit compliance rules for businesses and make what have been described as "structural changes" in the new national tax regime, has concluded. The review comes after feedback and complaints from businesses and amid criticism from the opposition over the way GST has been implemented. The focus toda...

  • As Milk Prices Go Up, Bihar Links Hike To New Tax Regime, Diesel Prices

    As Milk Prices Go Up, Bihar Links Hike To New Tax Regime, Diesel Prices

    Even before Nitish Kumar returned to the NDA last month, the Bihar Chief Minister had been supportive of the BJP-led national coalition's decisions like the Goods and Services Tax, or GST, and deregulation of diesel prices. But that didn't stop his government on Thursday from holding the new tax regime and higher diesel prices responsible for a hik...

  • 10 Per Cent Cess Hike On Larger Cars & SUVs: Ten Things To Know

    10 Per Cent Cess Hike On Larger Cars & SUVs: Ten Things To Know

    The new Goods and Services Tax regime had seen a realignment of taxation in the passenger car space to 28 per cent GST. However different segments of vehicles also attracted an additional cess - 1 per cent for small petrol cars / 3 per cent for small diesel cars (under 4 metres in length and certain engine capacity), and 15 per cent for larger cars...

  • Mercedes-Benz Warns Of Prices Going Back To Pre-GST Level

    Mercedes-Benz Warns Of Prices Going Back To Pre-GST Level

    Under the GST regime, large cars with engine capacity of greater than 1,500 cc and SUVs with length of more than four metres and engine greater than 1,500 cc attracts cess of 15 per cent in addition to the top tax rate of 28 per cent.

  • Cabinet May Consider Ordinance On GST Cess Hike Tomorrow

    Cabinet May Consider Ordinance On GST Cess Hike Tomorrow

    The GST Council, the apex tax rate setting body under the Goods and Services Tax (GST) regime, had on August 5 approved raising cess on SUVs, mid-sized, large and luxury cars that had become cheaper post GST rollout on July 1.

  • June Gold Imports Spike As Buyers Tried To Beat Higher GST

    June Gold Imports Spike As Buyers Tried To Beat Higher GST

    As part of a new nationwide sales tax regime that kicked in on July 1, the goods and services tax on gold jumped to 3 percent from 1.2 percent previously.

  • Education Not Expensive Under GST: Government

    Education Not Expensive Under GST: Government

    Education will not become expensive under Goods and Services Tax (GST) regime as schooling up to higher secondary and most of the services provided to educational institutions are exempt from taxation, the government said today.

  • President Pranab Mukherjee Gives Nod To Order On GST In Jammu And Kashmir

    President Pranab Mukherjee Gives Nod To Order On GST In Jammu And Kashmir

    President Pranab Mukherjee on Friday gave nod to an order pertaining to implementation of the Goods and Services Tax regime in Jammu and Kashmir, clearing decks for the state assembly for enacting a State GST law.

  • Jammu And Kashmir Adopts GST Resolution Amid Protests By Opposition

    Jammu And Kashmir Adopts GST Resolution Amid Protests By Opposition

    The Jammu and Kashmir assembly today passed a resolution seeking to implement the Goods and Services Tax or GST in the state. The resolution was passed amid strong reservations by the opposition that extending GST regime will undermine the special status of Jammu and Kashmir. The central GST Act doesn't apply to the state.

  • GST To Boost GDP; Significant Risks In Short Term: Fitch

    GST To Boost GDP; Significant Risks In Short Term: Fitch

    The four slab Goods and Services Tax (GST) was rolled out from July 1. The new regime taxes various goods and services at 5, 12, 18 and 28 per cent, while keeping essential commodities out.

'Goods And Services Tax Regime' - 24 Video Result(s)

'Goods And Services Tax Regime' - 139 News Result(s)

  • Transition To GST Fairly Smooth Despite Attempts To Derail It: Arun Jaitley

    Transition To GST Fairly Smooth Despite Attempts To Derail It: Arun Jaitley

    India's transition to the Goods and Services Tax regime has been "fairly smooth" despite attempts by "ill-informed" Opposition leaders to derail its implementation, Finance Minister Arun Jaitley has said.

  • 'Attempts To Derail' GST Have Failed, Says Finance Minister Arun Jaitley

    'Attempts To Derail' GST Have Failed, Says Finance Minister Arun Jaitley

    Despite "attempts to derail" the recently introduced Goods and Services Tax or GST, the states are adopting the new regime at a fast pace, Finance Minister Arun Jaitley has said.

  • GST Revision 'Utterly Fails' To Solve Problems, Says Congress

    GST Revision 'Utterly Fails' To Solve Problems, Says Congress

    Keeping up the pressure on the government for the disruption caused due to the Goods and Services Tax, the Congress on Saturday welcomed the "interim relief" cleared by the GST council yesterday but stressed the government had "utterly failed" to address the structural problems of the tax regime.

  • Bring Petrol, Diesel Under GST Regime: Rahul Gandhi To Government

    Bring Petrol, Diesel Under GST Regime: Rahul Gandhi To Government

    Congress Vice President Rahul Gandhi demanded that petrol and diesel be brought under the Goods and Services Tax regime to prevent "excessive profiteering".

  • Major Changes To GST To Help Small Companies, Exporters: 10 Points

    Major Changes To GST To Help Small Companies, Exporters: 10 Points

    Three months after rolling out the Goods and Services Tax, the GST council on Friday carried out major changes to the new national tax regime to ease compliance norms for small and medium companies and reduced tax rates on nearly two dozen items. Finance Minister Arun Jaitley, who heads the council, also announced businesses with a turnover of up t...

  • Key GST Changes Expected For Relief To Businesses Today: 10 Points

    Key GST Changes Expected For Relief To Businesses Today: 10 Points

    A day-long meeting of the powerful GST council to revisit compliance rules for businesses and make what have been described as "structural changes" in the new national tax regime, has concluded. The review comes after feedback and complaints from businesses and amid criticism from the opposition over the way GST has been implemented. The focus toda...

  • As Milk Prices Go Up, Bihar Links Hike To New Tax Regime, Diesel Prices

    As Milk Prices Go Up, Bihar Links Hike To New Tax Regime, Diesel Prices

    Even before Nitish Kumar returned to the NDA last month, the Bihar Chief Minister had been supportive of the BJP-led national coalition's decisions like the Goods and Services Tax, or GST, and deregulation of diesel prices. But that didn't stop his government on Thursday from holding the new tax regime and higher diesel prices responsible for a hik...

  • 10 Per Cent Cess Hike On Larger Cars & SUVs: Ten Things To Know

    10 Per Cent Cess Hike On Larger Cars & SUVs: Ten Things To Know

    The new Goods and Services Tax regime had seen a realignment of taxation in the passenger car space to 28 per cent GST. However different segments of vehicles also attracted an additional cess - 1 per cent for small petrol cars / 3 per cent for small diesel cars (under 4 metres in length and certain engine capacity), and 15 per cent for larger cars...

  • Mercedes-Benz Warns Of Prices Going Back To Pre-GST Level

    Mercedes-Benz Warns Of Prices Going Back To Pre-GST Level

    Under the GST regime, large cars with engine capacity of greater than 1,500 cc and SUVs with length of more than four metres and engine greater than 1,500 cc attracts cess of 15 per cent in addition to the top tax rate of 28 per cent.

  • Cabinet May Consider Ordinance On GST Cess Hike Tomorrow

    Cabinet May Consider Ordinance On GST Cess Hike Tomorrow

    The GST Council, the apex tax rate setting body under the Goods and Services Tax (GST) regime, had on August 5 approved raising cess on SUVs, mid-sized, large and luxury cars that had become cheaper post GST rollout on July 1.

  • June Gold Imports Spike As Buyers Tried To Beat Higher GST

    June Gold Imports Spike As Buyers Tried To Beat Higher GST

    As part of a new nationwide sales tax regime that kicked in on July 1, the goods and services tax on gold jumped to 3 percent from 1.2 percent previously.

  • Education Not Expensive Under GST: Government

    Education Not Expensive Under GST: Government

    Education will not become expensive under Goods and Services Tax (GST) regime as schooling up to higher secondary and most of the services provided to educational institutions are exempt from taxation, the government said today.

  • President Pranab Mukherjee Gives Nod To Order On GST In Jammu And Kashmir

    President Pranab Mukherjee Gives Nod To Order On GST In Jammu And Kashmir

    President Pranab Mukherjee on Friday gave nod to an order pertaining to implementation of the Goods and Services Tax regime in Jammu and Kashmir, clearing decks for the state assembly for enacting a State GST law.

  • Jammu And Kashmir Adopts GST Resolution Amid Protests By Opposition

    Jammu And Kashmir Adopts GST Resolution Amid Protests By Opposition

    The Jammu and Kashmir assembly today passed a resolution seeking to implement the Goods and Services Tax or GST in the state. The resolution was passed amid strong reservations by the opposition that extending GST regime will undermine the special status of Jammu and Kashmir. The central GST Act doesn't apply to the state.

  • GST To Boost GDP; Significant Risks In Short Term: Fitch

    GST To Boost GDP; Significant Risks In Short Term: Fitch

    The four slab Goods and Services Tax (GST) was rolled out from July 1. The new regime taxes various goods and services at 5, 12, 18 and 28 per cent, while keeping essential commodities out.

  • Goods And Services Tax: JNU Ushers In GST In Renting Out Guest Houses

    Goods And Services Tax: JNU Ushers In GST In Renting Out Guest Houses

    Ushering in the new indirect tax regime, the Jawaharlal Nehru University (JNU) will now impose the Goods and Services Tax (GST) for renting out its guest houses.

  • Sensex Cheers GST Regime, Surges 300 Points; ITC Rallies 10%

    Sensex Cheers GST Regime, Surges 300 Points; ITC Rallies 10%

    Indian stock markets moved sharply higher on Monday, boosted by the rollout of GST amid higher global markets. GST or goods or services tax was rolled out from July 1 in biggest tax reform since Independence. Analysts say that GST, which replaced more than a dozen central and state levies, will boost economic growth over the long term and also impr...

  • No Films At Movie Theatres in Tamil Nadu From Today: 10 Updates

    No Films At Movie Theatres in Tamil Nadu From Today: 10 Updates

    No films will be screened at cinema halls across Tamil Nadu from today, indefinitely, as their owners protest against a 30 per cent municipal tax that the state government has announced apart from the levies that have kicked in under the new Goods and Services Tax or GST regime. They have cancelled screenings and shut halls demanding that the munic...

  • GST Prices: Two-Wheeler Industry Welcomes New Taxation System

    GST Prices: Two-Wheeler Industry Welcomes New Taxation System

    The Goods and Services Tax, or GST impact on prices of two-wheelers have certainly affected prices, but only marginally. A few two-wheeler manufacturers have already announced prices with GST benefits before the announcement of the new taxation system on 1 July 2017. Here's what the industry has to say about the new taxation norm.

  • GST Will End 'Inspector Raj', Boost Economic Growth: BJP Chief Amit Shah

    GST Will End 'Inspector Raj', Boost Economic Growth: BJP Chief Amit Shah

    Hailing the Goods and Services Tax (GST), BJP chief Amit Shah today said that the new tax regime would accelerate the country's economic growth and end the 'inspector raj'. The GST was formally launched in Delhi in at midnight in Parliament.

  • In PM Modi's Speech, A Message For Mamata And Congress Too

    In PM Modi's Speech, A Message For Mamata And Congress Too

    The sharpest critics of the Goods and Services Tax's midnight launch at Parliament's central hall had absented themselves. But minutes before India switched over to the new tax regime, Prime Minister Narendra Modi had a message for everyone tucked into his speech about India's biggest tax reform. Even the opposition leaders who weren't there.

  • GST Benefits: Maruti Suzuki Announces Price Cuts As High As 3 Per Cent On All Cars

    GST Benefits: Maruti Suzuki Announces Price Cuts As High As 3 Per Cent On All Cars

    The onset of the new GST (or goods and services tax) regime has seen Maruti Suzuki lead the way to announce price cuts across most of its wide range of products.

  • How Does GST Work? Explained Here In 10 Points

    How Does GST Work? Explained Here In 10 Points

    With GST rolling out from July 1, the new tax regime subsumed a large number of central and state taxes into a single tax, paving the way for a common national market. From free flow of goods and services to elimination of cascading of taxes, the potential benefits to Indian economy are many. It is estimated that GST could raise GDP or gross domest...

  • Lesser Talk-Time, Higher Phone Bills Under GST Regime

    Lesser Talk-Time, Higher Phone Bills Under GST Regime

    A user would get a talk-time of about Rs 80 on a recharge of Rs 100, compared to about Rs 83 earlier after the implementation of the Goods and Services Tax (GST).

  • 'What Is There To Celebrate': Deputy Chief Minister Manish Sisodia's Takedown Of GST Launch

    'What Is There To Celebrate': Deputy Chief Minister Manish Sisodia's Takedown Of GST Launch

    In a sharp takedown of the NDA government for its celebratory midnight launch of the Goods and Services Tax, Delhi's Deputy Chief Minister Manish Sisodia said there was no reason for people to celebrate the new indirect tax regime that would make many goods pricier, encourage tax evasion and bring back inspector raj. And these were problems, Mr Sis...

  • GST Not Perfect, But Negatives Exaggerated: NITI Aayog's Bibek Debroy

    GST Not Perfect, But Negatives Exaggerated: NITI Aayog's Bibek Debroy

    Hours before the government launches the mega tax reform Goods and Services Tax or GST, Bibek Debroy, top economist and member of NITI Aayog, the Centre's policy think tank, said the new tax regime is not perfect but the negatives are being exaggerated.

  • GST Launch: How, When And Where To Watch The Biggest Tax Reform Live

    GST Launch: How, When And Where To Watch The Biggest Tax Reform Live

    The historic GST or Goods and Services Tax will be launched midnight at a function in Central Hall of Parliament later today. GST will subsume a large number of central and state taxes into a single tax, paving the way for a common national market. From free flow of goods and services to elimination of cascading of taxes, the potential benefits to ...

  • GST Launch Now Hours Away. How It Impacts You, In 10 Points

    GST Launch Now Hours Away. How It Impacts You, In 10 Points

    The historic GST or goods and services tax will be launched midnight at a function in Central Hall of Parliament. The biggest tax reform since Independence will change the indirect tax landscape of the country, subsuming over a dozen central and state taxes. GST embodies the principle of "one nation, one tax, one market", unifying the country's $2 ...

  • 'Won't Punish Genuine Mistakes', Promises Government Ahead of GST Rollout

    'Won't Punish Genuine Mistakes', Promises Government Ahead of GST Rollout

    As India makes the transition to the country's biggest tax reform from Saturday, July 1, Revenue Secretary Dr Hasmukh Adhia told NDTV that all states would complete by today the formalities to switch to the Goods and Services Tax that replaces a maze of indirect taxes with an online-based system. He also assured the business community that they won...

  • Ready Or Not, Businesses Brace For GST, Biggest-Ever Tax Reform

    Ready Or Not, Businesses Brace For GST, Biggest-Ever Tax Reform

    Prime Minister Narendra Modi's government says that by replacing several federal and state taxes, the new Goods and Services Tax (GST) will make life simpler for business.

'Goods And Services Tax Regime' - 24 Video Result(s)

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