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New GST Rates Likely By September 22: Sources
PM Narendra Modi announced on August 15 to bring "next-generation" GST reforms that will reduce the tax burden across the country.
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Expected GST Cut To Fuel Reduction In Car Prices. Here's How Much You'll Save
The Centre's proposed reduction in GST is also expected to lead to a drop in costs for car buyers, reducing on-road prices as well as EMIs.
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Lower GST On ICE Vehicles Could Stall EV Momentum: HSBC Report
Proposed GST cuts on petrol and diesel vehicles could reduce EVs price advantage, slowing adoption while causing major revenue losses for the government - HSBC.
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Key Panel Accepts Centre's Proposal To Move To 2 GST Slabs, Down From 4
A key meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday ended with state finance minister accepting the Centre's plan to reduce the number of tax slabs.
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Amazon Enables 50 Million MSMEs With Digital Procurement Before Festive Season
Over 50 million Micro, Small and Medium Enterprises in India, who have GST and Business PAN (B-PAN), can have digital procurement access through Amazon Business ahead of the upcoming festive season, the global e-commerce giant said on Thursday
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Centre Proposes Zero GST On Health, Life Insurance For Individuals
The Centre has proposed exempting life and health insurance premium from GST, Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary said on Wednesday.
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Nirmala Sitharaman Likely To Place GST Rate Overhaul Proposal Tomorrow
Finance Minister Nirmala Sitharaman is likely to present the Centre's proposal for rationalising goods and services tax (GST) rates before a Group of Ministers (GoM) at a two-day meeting starting August 20 in the national capital.
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Centre, States Equal Stakeholder In GST, Revenues Shared Equally: Report
Amid news regarding the impact of the 'Next Gen GST', government sources clarified that the Centre is an equal partner in revenue sharing with the states and that its proposal anticipates a revenue boost over time, driven by increased consumption.
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Cars, Mobile Phones, Computers. What May Get Cheaper In New GST System
An overhaul of the Goods and Services Tax, or GST, framework - hailed as "next-generation" by PM Modi in his Independence Day speech ast week - is expected to slash prices of daily-use items by rationalising number of tax slabs.
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Cars, SUVs, Two-Wheelers Could Attract GST Cut Soon - Details
Centre may cut GST on cars, bikes, ACs, and materials to make them cheaper by Diwali. Here are the details you must check out.
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Centre Proposes Reducing GST Slabs From 4 To 2, May Retain 5%, 18%: Sources
The Centre has proposed that only two slabs for Goods and Services Tax (GST) be retained - 5 per cent and 18 percent - as per sources.
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GST Collections Rise 7.5% In July To Rs 1.96 Lakh Crore
India's Goods and Services Tax (GST) collections rose to Rs 1.96 lakh crore in July, up 7.5 per cent from the same month previous year, according to government data released on Friday.
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Bengaluru Street Vendors Seek GST Relaxation After Notices Over UPI Turnover
Small vendors and traders across Karnataka have raised serious concerns after receiving GST notices from the commercial tax department for UPI-based transactions exceeding Rs 40 lakh annually.
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Hyundai Motor India Receives Rs 517.34 Cr Tax, Penalty From GST Authority
Hyundai Motor India Ltd has said in a SEBI regulatory filing that it has received a demand from tax authorities, along with a penalty from the GST authority.
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"India Doesn't Work Under Pressure": Industry Body Ahead Of US Trade Deal
India does not take any decision under pressure from any country, Confederation of Indian Industry (CII) National President Rajiv Memani has said, asserting that New Delhi's interest will always be a priority as it nears a trade deal with Washington.
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New GST Rates Likely By September 22: Sources
PM Narendra Modi announced on August 15 to bring "next-generation" GST reforms that will reduce the tax burden across the country.
-
Expected GST Cut To Fuel Reduction In Car Prices. Here's How Much You'll Save
The Centre's proposed reduction in GST is also expected to lead to a drop in costs for car buyers, reducing on-road prices as well as EMIs.
-
Lower GST On ICE Vehicles Could Stall EV Momentum: HSBC Report
Proposed GST cuts on petrol and diesel vehicles could reduce EVs price advantage, slowing adoption while causing major revenue losses for the government - HSBC.
-
Key Panel Accepts Centre's Proposal To Move To 2 GST Slabs, Down From 4
A key meeting of the Group of Ministers (GoM) on GST rate rationalisation on Thursday ended with state finance minister accepting the Centre's plan to reduce the number of tax slabs.
-
Amazon Enables 50 Million MSMEs With Digital Procurement Before Festive Season
Over 50 million Micro, Small and Medium Enterprises in India, who have GST and Business PAN (B-PAN), can have digital procurement access through Amazon Business ahead of the upcoming festive season, the global e-commerce giant said on Thursday
-
Centre Proposes Zero GST On Health, Life Insurance For Individuals
The Centre has proposed exempting life and health insurance premium from GST, Bihar Deputy Chief Minister and convenor of insurance GoM Samrat Choudhary said on Wednesday.
-
Nirmala Sitharaman Likely To Place GST Rate Overhaul Proposal Tomorrow
Finance Minister Nirmala Sitharaman is likely to present the Centre's proposal for rationalising goods and services tax (GST) rates before a Group of Ministers (GoM) at a two-day meeting starting August 20 in the national capital.
-
Centre, States Equal Stakeholder In GST, Revenues Shared Equally: Report
Amid news regarding the impact of the 'Next Gen GST', government sources clarified that the Centre is an equal partner in revenue sharing with the states and that its proposal anticipates a revenue boost over time, driven by increased consumption.
-
Cars, Mobile Phones, Computers. What May Get Cheaper In New GST System
An overhaul of the Goods and Services Tax, or GST, framework - hailed as "next-generation" by PM Modi in his Independence Day speech ast week - is expected to slash prices of daily-use items by rationalising number of tax slabs.
-
Cars, SUVs, Two-Wheelers Could Attract GST Cut Soon - Details
Centre may cut GST on cars, bikes, ACs, and materials to make them cheaper by Diwali. Here are the details you must check out.
-
Centre Proposes Reducing GST Slabs From 4 To 2, May Retain 5%, 18%: Sources
The Centre has proposed that only two slabs for Goods and Services Tax (GST) be retained - 5 per cent and 18 percent - as per sources.
-
GST Collections Rise 7.5% In July To Rs 1.96 Lakh Crore
India's Goods and Services Tax (GST) collections rose to Rs 1.96 lakh crore in July, up 7.5 per cent from the same month previous year, according to government data released on Friday.
-
Bengaluru Street Vendors Seek GST Relaxation After Notices Over UPI Turnover
Small vendors and traders across Karnataka have raised serious concerns after receiving GST notices from the commercial tax department for UPI-based transactions exceeding Rs 40 lakh annually.
-
Hyundai Motor India Receives Rs 517.34 Cr Tax, Penalty From GST Authority
Hyundai Motor India Ltd has said in a SEBI regulatory filing that it has received a demand from tax authorities, along with a penalty from the GST authority.
-
"India Doesn't Work Under Pressure": Industry Body Ahead Of US Trade Deal
India does not take any decision under pressure from any country, Confederation of Indian Industry (CII) National President Rajiv Memani has said, asserting that New Delhi's interest will always be a priority as it nears a trade deal with Washington.
