Gst July 1
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Opinion: GST, Historical Tax Reform, At 5 Years, Has Lost Its Way
Five years ago, India's federal and state governments struck a historic deal. From July 1, 2017, a uniform tax on goods and services - marketed by Prime Minister Narendra Modi as "One Nation, One Tax, One Market" - replaced a bewildering array of loc
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GST Day Live Updates: Centre Celebrates One-Year Of Tax-Reform
On the completion of one year of the rolling out of the GST plan, the government is to celebrate GST Day today at the Ambedkar International Centre to mark the first anniversary of the launch of the new indirect taxation regime. Terming GST as a "fitting tribute to spirit of cooperative federalism", the Finance Ministry said the first year has been...
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"Grossly Scary Tax", Says Congress On GST's First Anniversary
As the Goods and Services Tax (GST) roll-out completes one year on July 1, the Congress on Saturday described it as a "Grossly Scary Tax" and said the promise of a "single tax GST" still remains a pipe dream.
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Indian Economy Shaking Off GST Roll Out Woes, High Oil Prices A Risk, Says Report
Goods and Services Tax (GST) which unifies over a dozen local taxes, including excise and service tax, was implemented from July 1, 2017.
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GST: E-Way Bill System To Roll Out From February 1
After implementation of the Goods and Services Tax (GST) from July 1, the requirement of carrying e-way bill was postponed pending IT network readiness.
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GST Rate Cut: Government Extends Deadline To Paste New MRP Stickers
After Goods and Services Tax (GST) became effective from July 1, companies were asked to use stickers on unsold packaged commodities to display new maximum retail price (MRP) till September, which was later extended till December.
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Now You Can Edit GST Tran 1 Form To Claim Taxes Paid Before GST Rollout
The GST Tran 1 form is meant to be filled for claiming the tax credits for the excise or VAT paid before July 1. Now you have the provision to edit the form filled already
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Economy Breaks 5-Quarter Slide, GDP Growth Recovers To 6.3% In Q2
GDP growth had slowed to a three-year low of 5.7 per cent in the April-June quarter, hit by destocking ahead of the July 1 rollout of the goods and services tax (GST) regime and the lingering impact of demonetisation.
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Economic Growth Set To Break 5-Quarter Slide, GDP Data Today: 10 Points
Economists are expecting July-September quarter GDP or gross domestic product growth to rebound above 6 per cent, from three-year lows of 5.7 per cent in the June quarter. Economists polled by Reuters predicted the economy to grow at 6.4 per cent in the September quarter. A Bloomberg survey of economists also estimated India's GDP to expand at 6.4 ...
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Petrol, Diesel Should Come Under GST, Says Oil Minister: 5 Points
GST came into effect from July 1 but some goods like alcohol and petroleum products have been kept out of its purview.
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Blog: A 5-Point Guide For Buyers To Understand The Effect Of GST On Real Estate
After two and a half months of much confusion around Goods and Services Tax (GST) on real estate that came into effect in India from July 1, 2017, the answer to the big question is here: "It depends on these 5 points."
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Deadlines For Filing of GST Returns For July Extended
The government on Saturday extended till October 10 the deadline for filing of July GSTR-1 or sales returns for businesses.
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BCCI Pays Rs 44 Lakh In Taxes In First Month Of GST Roll-Out
The BCCI's official website states that for the month of July, it paid Rs 44,29,516 in GST.
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SBI Savings Account: Minimum Balance Rules You Need To Know
Customers holding SBI savings bank accounts in metro, urban, semi-urban and rural branches need to pay different penalty amounts for non-maintenance of monthly average balance.
-
How GST Has Affected Indian Automotive Component Industry
GST or the Goods and Services Tax came into practice on July 1 as a means to make business easier for vendors across the country. Where most businesses received tremendous relief, albeit after some initial teething issues with technical systems and breakups, the process of actually carrying out day-to-day business has most certainly become much eas...
-
Opinion: GST, Historical Tax Reform, At 5 Years, Has Lost Its Way
Five years ago, India's federal and state governments struck a historic deal. From July 1, 2017, a uniform tax on goods and services - marketed by Prime Minister Narendra Modi as "One Nation, One Tax, One Market" - replaced a bewildering array of loc
-
GST Day Live Updates: Centre Celebrates One-Year Of Tax-Reform
On the completion of one year of the rolling out of the GST plan, the government is to celebrate GST Day today at the Ambedkar International Centre to mark the first anniversary of the launch of the new indirect taxation regime. Terming GST as a "fitting tribute to spirit of cooperative federalism", the Finance Ministry said the first year has been...
-
"Grossly Scary Tax", Says Congress On GST's First Anniversary
As the Goods and Services Tax (GST) roll-out completes one year on July 1, the Congress on Saturday described it as a "Grossly Scary Tax" and said the promise of a "single tax GST" still remains a pipe dream.
-
Indian Economy Shaking Off GST Roll Out Woes, High Oil Prices A Risk, Says Report
Goods and Services Tax (GST) which unifies over a dozen local taxes, including excise and service tax, was implemented from July 1, 2017.
-
GST: E-Way Bill System To Roll Out From February 1
After implementation of the Goods and Services Tax (GST) from July 1, the requirement of carrying e-way bill was postponed pending IT network readiness.
-
GST Rate Cut: Government Extends Deadline To Paste New MRP Stickers
After Goods and Services Tax (GST) became effective from July 1, companies were asked to use stickers on unsold packaged commodities to display new maximum retail price (MRP) till September, which was later extended till December.
-
Now You Can Edit GST Tran 1 Form To Claim Taxes Paid Before GST Rollout
The GST Tran 1 form is meant to be filled for claiming the tax credits for the excise or VAT paid before July 1. Now you have the provision to edit the form filled already
-
Economy Breaks 5-Quarter Slide, GDP Growth Recovers To 6.3% In Q2
GDP growth had slowed to a three-year low of 5.7 per cent in the April-June quarter, hit by destocking ahead of the July 1 rollout of the goods and services tax (GST) regime and the lingering impact of demonetisation.
-
Economic Growth Set To Break 5-Quarter Slide, GDP Data Today: 10 Points
Economists are expecting July-September quarter GDP or gross domestic product growth to rebound above 6 per cent, from three-year lows of 5.7 per cent in the June quarter. Economists polled by Reuters predicted the economy to grow at 6.4 per cent in the September quarter. A Bloomberg survey of economists also estimated India's GDP to expand at 6.4 ...
-
Petrol, Diesel Should Come Under GST, Says Oil Minister: 5 Points
GST came into effect from July 1 but some goods like alcohol and petroleum products have been kept out of its purview.
-
Blog: A 5-Point Guide For Buyers To Understand The Effect Of GST On Real Estate
After two and a half months of much confusion around Goods and Services Tax (GST) on real estate that came into effect in India from July 1, 2017, the answer to the big question is here: "It depends on these 5 points."
-
Deadlines For Filing of GST Returns For July Extended
The government on Saturday extended till October 10 the deadline for filing of July GSTR-1 or sales returns for businesses.
-
BCCI Pays Rs 44 Lakh In Taxes In First Month Of GST Roll-Out
The BCCI's official website states that for the month of July, it paid Rs 44,29,516 in GST.
-
SBI Savings Account: Minimum Balance Rules You Need To Know
Customers holding SBI savings bank accounts in metro, urban, semi-urban and rural branches need to pay different penalty amounts for non-maintenance of monthly average balance.
-
How GST Has Affected Indian Automotive Component Industry
GST or the Goods and Services Tax came into practice on July 1 as a means to make business easier for vendors across the country. Where most businesses received tremendous relief, albeit after some initial teething issues with technical systems and breakups, the process of actually carrying out day-to-day business has most certainly become much eas...
