Gst Rationalisation
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GST Collections Rise 4.6% To Rs 1.96 Lakh Crore In October
Despite rate rationalisation, the Goods and Services Tax (GST) collections rose 4.6 per cent (year-on-year) in the festive month of October at about Rs 1.96 lakh crore, the official data showed on Saturday.
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In Arunachal Pradesh, PM Modi's Message On Swadeshi, GST
Prime Minister Narendra Modi interacted with traders and merchants of Arunachal Pradesh as the rationalized Goods and Services Tax came into effect across the country today.
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Piyush Goyal Urges Industry To Pass On GST 2.0 Benefits To Consumers
Union Commerce and Industry Minister Piyush Goyal has urged industries to make sure they pass on complete GST rate rationalisation benefits to consumers, as India's indirect tax structure is set to undergo a massive transformation from September 22.
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"Not Trump Or Tariffs...": Piyush Goyal Tells NDTV Who Gives Him 'Sleepless Nights'
The US' 50 per cent tariff on imported Indian goods has no link to the rationalisation and overhaul of the GST framework and, crucially, does not represent a loss for the country, Commerce Minister Piyush Goyal said at the NDTV Profit GST Conclave.
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Can Liquor Come Under GST? What Nirmala Sitharaman Told NDTV
Including liquor for human consumption within the GST ambit - as opposed to it being covered by state excise duties and Value Added Tax - is "entirely dependent" on decisions taken by individual states, Finance Minister Nirmala Sitharaman said.
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"Can Be A Positive Surprise": Chief Economic Advisor On GST Rationalisation
The GST 2.0 - as the rationalisation of Goods and Services Tax has been dubbed -- could offset the effects of the 50 per cent US tariff on exporters.
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GST Reforms Were In Making For 1.5 Years: Nirmala Sitharaman At GST Conclave
Reduction and rationalisation of Goods and Services Tax slabs - reducing them to two, and exempting certain items, including premiums for health and life insurance - were 18 months in the making, Finance Minister Nirmala Sitharaman told NDTV.
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'GST Overhaul A People's Reform, Touches Every Family': Nirmala Sitharaman
Calling the landmark GST overhaul a 'people's reform', Finance Minister Nirmala Sitharaman on Saturday said that rationalisation of rates for a wide swath of products will benefit every family, boost consumption, and bolster the economy.
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Opinion | Next-Generation GST: A Reform That Places The Middle Class At The Centre
By ensuring both direct tax relief and rationalised indirect taxes, the government has empowered the common citizen to save more, spend more, and aspire more.
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"Centre To Keep Vigil To Ensure GST Benefits Passed Fully To Consumers": Piyush Goyal
The Centre will keep vigil to ensure that the benefits of GST rationalisation are passed on fully to consumers, Union minister Piyush Goyal said on Friday
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GST Reforms To Cause Rs 3,700 Crore Revenue Loss To Government: SBI Report
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore.
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Why GST Rationalised Now: PM's Economic Adviser Explains
The task of winding up multiple myriad taxes that used to operate before 2014 and shifting to a cleaner, more efficient system was such that testing out the new system was not possible, PM Modi's economic advisor said today.
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"States Need To Be Compensated For Revenue Losses": P Chidambaram On GST Move
P Chidambaram -- Congress's former Union Minister who handled the finance portfolio -- said today that while the rationalisation of the Goods and Services Tax law is welcome, it is eight years too late.
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"Biggest Reform Of Independent India": PM Modi Applauds GST Rationalisation
The rationalisation of Goods and Services Tax is the "biggest reform since Independence," Prime Minister Narendra Modi said today
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GST Changes Holistic, Coincidental Some Sectors Hit By Tariffs: Piyush Goyal
The rationalisation of Goods and Services Tax slabs - from four to two, and exemption of certain items, including premiums for health and life insurance - reflect a "holistic and well thought-out" decision, Commerce Minister Piyush Goyal said.
-
GST Collections Rise 4.6% To Rs 1.96 Lakh Crore In October
Despite rate rationalisation, the Goods and Services Tax (GST) collections rose 4.6 per cent (year-on-year) in the festive month of October at about Rs 1.96 lakh crore, the official data showed on Saturday.
-
In Arunachal Pradesh, PM Modi's Message On Swadeshi, GST
Prime Minister Narendra Modi interacted with traders and merchants of Arunachal Pradesh as the rationalized Goods and Services Tax came into effect across the country today.
-
Piyush Goyal Urges Industry To Pass On GST 2.0 Benefits To Consumers
Union Commerce and Industry Minister Piyush Goyal has urged industries to make sure they pass on complete GST rate rationalisation benefits to consumers, as India's indirect tax structure is set to undergo a massive transformation from September 22.
-
"Not Trump Or Tariffs...": Piyush Goyal Tells NDTV Who Gives Him 'Sleepless Nights'
The US' 50 per cent tariff on imported Indian goods has no link to the rationalisation and overhaul of the GST framework and, crucially, does not represent a loss for the country, Commerce Minister Piyush Goyal said at the NDTV Profit GST Conclave.
-
Can Liquor Come Under GST? What Nirmala Sitharaman Told NDTV
Including liquor for human consumption within the GST ambit - as opposed to it being covered by state excise duties and Value Added Tax - is "entirely dependent" on decisions taken by individual states, Finance Minister Nirmala Sitharaman said.
-
"Can Be A Positive Surprise": Chief Economic Advisor On GST Rationalisation
The GST 2.0 - as the rationalisation of Goods and Services Tax has been dubbed -- could offset the effects of the 50 per cent US tariff on exporters.
-
GST Reforms Were In Making For 1.5 Years: Nirmala Sitharaman At GST Conclave
Reduction and rationalisation of Goods and Services Tax slabs - reducing them to two, and exempting certain items, including premiums for health and life insurance - were 18 months in the making, Finance Minister Nirmala Sitharaman told NDTV.
-
'GST Overhaul A People's Reform, Touches Every Family': Nirmala Sitharaman
Calling the landmark GST overhaul a 'people's reform', Finance Minister Nirmala Sitharaman on Saturday said that rationalisation of rates for a wide swath of products will benefit every family, boost consumption, and bolster the economy.
-
Opinion | Next-Generation GST: A Reform That Places The Middle Class At The Centre
By ensuring both direct tax relief and rationalised indirect taxes, the government has empowered the common citizen to save more, spend more, and aspire more.
-
"Centre To Keep Vigil To Ensure GST Benefits Passed Fully To Consumers": Piyush Goyal
The Centre will keep vigil to ensure that the benefits of GST rationalisation are passed on fully to consumers, Union minister Piyush Goyal said on Friday
-
GST Reforms To Cause Rs 3,700 Crore Revenue Loss To Government: SBI Report
The State Bank of India (SBI), in its latest research report, said that reforms in GST through a reduction in rates will cause a minimal revenue loss of Rs 3,700 crore.
-
Why GST Rationalised Now: PM's Economic Adviser Explains
The task of winding up multiple myriad taxes that used to operate before 2014 and shifting to a cleaner, more efficient system was such that testing out the new system was not possible, PM Modi's economic advisor said today.
-
"States Need To Be Compensated For Revenue Losses": P Chidambaram On GST Move
P Chidambaram -- Congress's former Union Minister who handled the finance portfolio -- said today that while the rationalisation of the Goods and Services Tax law is welcome, it is eight years too late.
-
"Biggest Reform Of Independent India": PM Modi Applauds GST Rationalisation
The rationalisation of Goods and Services Tax is the "biggest reform since Independence," Prime Minister Narendra Modi said today
-
GST Changes Holistic, Coincidental Some Sectors Hit By Tariffs: Piyush Goyal
The rationalisation of Goods and Services Tax slabs - from four to two, and exemption of certain items, including premiums for health and life insurance - reflect a "holistic and well thought-out" decision, Commerce Minister Piyush Goyal said.
