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Government Mulling Special GST Slab for Cryptocurrencies, Working on Indirect Tax Regime For Crypto Assets: Report
The finance ministry has begun looking into the characteristics of cryptos, their usage and legal framework before the GST Council draws up a comprehensive indirect tax regime for crypto assets.
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Opposition-Ruled States Demand Extension Of GST Compensation Regime
Finance ministers of Opposition-ruled states have demanded that the GST compensation cess regime be extended beyond June 2022.
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Petrol, Diesel Can't Be Brought Under GST In Next 8-10 Years: BJP's Sushil Modi
Bringing petrol and diesel under the GST regime is not possible for the next 8-10 years as no state is ready to face the annual revenue loss of over Rs 2 lakh crore on this account, BJP member Sushil Kumar Modi said in Rajya Sabha on Wednesday.
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Will Restructure GST, Give One Tax, Minimum Tax If Elected: Rahul Gandhi
Congress leader Rahul Gandhi on Saturday said his party is committed to reconceptualising the Goods and Services Tax (GST) regime if voted to power at the Centre and assured ushering in ''one tax, minimum tax."
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"Their Words Reflect Their Thoughts": PM Narendra Modi Slams Congress On GST Criticism
Prime Minister Narendra Modi today slammed Congress president Rahul Gandhi for questioning the Goods and Services Tax despite the government rolling it out after "arriving at a consensus" with all political parties in the country.
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P Chidambaram Attacks Centre Over Change In Stance On GST
Former finance minister P Chidambaram on Wednesday attacked the Centre over its alleged change in stance on the Goods and Services Tax regime, saying that till yesterday a single standard GST rate was a stupid idea, but was now the "declared goal" of the Modi government.
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GST Having "Negative" Effect On Tourism In J&K: Parliament Panel
The Goods and Services Tax has had a "negative" effect on tourism in Jammu and Kashmir, a parliamentary panel has noted, adding the Centre should reconsider the indirect tax regime on tourism-related activities in the northern state.
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Now PM Using Congress's "Grand Stupid Thought": Rahul Gandhi's Dig On GST
After two days of insisting that Prime Minister Narendra Modi is asleep, Congress chief Rahul Gandhi today claimed his party has managed to wake him up over the Goods and Services tax. Mr Gandhi, who once dubbed the government's flagship one tax regime "Gabbar Singh Tax" after the famous villain in Bollywood blockbuster Sholay, hit back with the Pr...
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GST Council Meets To Consider New Tax For Kerala Flood, Future Calamities
GST Council, the highest decision making body of the Goods and Services Tax regime, today decided to set up a seven-member group of ministers to suggest on cess demand for Kerala flood rehabilitation.
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India On New Trajectory After Bold Decisions By Government: PM Modi
Prime Minister Narendra Modi today said his government had the courage to take "bold decisions", like MSP for farmers and GST, putting India on a new trajectory unlike the previous regime which he alleged suffered from indecisiveness. He said Indias status in the world had increased manifold since 2014 when a BJP-led NDA came to power "because we h...
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GST Rollout Botched Because Of Rush To Deliver, Says Top Official
The IT backbone of the Goods and Services Tax was not given enough time to prepare a system to the satisfaction of the GSTN which led to the glitches in the implementation of the new tax regime, a top official said.
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"Council Can Bring Petrol Under GST But...": Sushil Modi Clears The Air
Bihar Deputy Chief Minister and GST Council's member Sushil Modi on Thursday said the council can think of bringing the petroleum products under the new tax regime only after the monthly revenue target of Rs 1 lakh crore is achieved.
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''Good And Simple Tax'' Replaced "Congress Legacy Tax": Arun Jaitley
Union Minister Arun Jaitley today exuded confidence that GST rates on cement, ACs and televisions will be cut as tax revenues from them increase, and only luxury and sin goods will attract the highest slab of 28 per cent.
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GST Ground Report: An E-Way Bill Means 10 Hours Less On 2000 Km Journey For This Truck Driver
Hari Singh, 58, and Mukul Sahni, 25, are truck drivers over three decades apart in age, but bound by a fascination for a new document that's part of the centre's GST regime - the E-way bill.
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GST Implementation Not Disruptive, Best Yet To Come, Says Arun Jaitley
Emphasizing that India has been able to implement the major indirect tax reform GST in the least disruptive manner, Union Finance Minister Arun Jaitley said the best of the new regime in terms of contribution to the society was yet to come.
-
Government Mulling Special GST Slab for Cryptocurrencies, Working on Indirect Tax Regime For Crypto Assets: Report
The finance ministry has begun looking into the characteristics of cryptos, their usage and legal framework before the GST Council draws up a comprehensive indirect tax regime for crypto assets.
-
Opposition-Ruled States Demand Extension Of GST Compensation Regime
Finance ministers of Opposition-ruled states have demanded that the GST compensation cess regime be extended beyond June 2022.
-
Petrol, Diesel Can't Be Brought Under GST In Next 8-10 Years: BJP's Sushil Modi
Bringing petrol and diesel under the GST regime is not possible for the next 8-10 years as no state is ready to face the annual revenue loss of over Rs 2 lakh crore on this account, BJP member Sushil Kumar Modi said in Rajya Sabha on Wednesday.
-
Will Restructure GST, Give One Tax, Minimum Tax If Elected: Rahul Gandhi
Congress leader Rahul Gandhi on Saturday said his party is committed to reconceptualising the Goods and Services Tax (GST) regime if voted to power at the Centre and assured ushering in ''one tax, minimum tax."
-
"Their Words Reflect Their Thoughts": PM Narendra Modi Slams Congress On GST Criticism
Prime Minister Narendra Modi today slammed Congress president Rahul Gandhi for questioning the Goods and Services Tax despite the government rolling it out after "arriving at a consensus" with all political parties in the country.
-
P Chidambaram Attacks Centre Over Change In Stance On GST
Former finance minister P Chidambaram on Wednesday attacked the Centre over its alleged change in stance on the Goods and Services Tax regime, saying that till yesterday a single standard GST rate was a stupid idea, but was now the "declared goal" of the Modi government.
-
GST Having "Negative" Effect On Tourism In J&K: Parliament Panel
The Goods and Services Tax has had a "negative" effect on tourism in Jammu and Kashmir, a parliamentary panel has noted, adding the Centre should reconsider the indirect tax regime on tourism-related activities in the northern state.
-
Now PM Using Congress's "Grand Stupid Thought": Rahul Gandhi's Dig On GST
After two days of insisting that Prime Minister Narendra Modi is asleep, Congress chief Rahul Gandhi today claimed his party has managed to wake him up over the Goods and Services tax. Mr Gandhi, who once dubbed the government's flagship one tax regime "Gabbar Singh Tax" after the famous villain in Bollywood blockbuster Sholay, hit back with the Pr...
-
GST Council Meets To Consider New Tax For Kerala Flood, Future Calamities
GST Council, the highest decision making body of the Goods and Services Tax regime, today decided to set up a seven-member group of ministers to suggest on cess demand for Kerala flood rehabilitation.
-
India On New Trajectory After Bold Decisions By Government: PM Modi
Prime Minister Narendra Modi today said his government had the courage to take "bold decisions", like MSP for farmers and GST, putting India on a new trajectory unlike the previous regime which he alleged suffered from indecisiveness. He said Indias status in the world had increased manifold since 2014 when a BJP-led NDA came to power "because we h...
-
GST Rollout Botched Because Of Rush To Deliver, Says Top Official
The IT backbone of the Goods and Services Tax was not given enough time to prepare a system to the satisfaction of the GSTN which led to the glitches in the implementation of the new tax regime, a top official said.
-
"Council Can Bring Petrol Under GST But...": Sushil Modi Clears The Air
Bihar Deputy Chief Minister and GST Council's member Sushil Modi on Thursday said the council can think of bringing the petroleum products under the new tax regime only after the monthly revenue target of Rs 1 lakh crore is achieved.
-
''Good And Simple Tax'' Replaced "Congress Legacy Tax": Arun Jaitley
Union Minister Arun Jaitley today exuded confidence that GST rates on cement, ACs and televisions will be cut as tax revenues from them increase, and only luxury and sin goods will attract the highest slab of 28 per cent.
-
GST Ground Report: An E-Way Bill Means 10 Hours Less On 2000 Km Journey For This Truck Driver
Hari Singh, 58, and Mukul Sahni, 25, are truck drivers over three decades apart in age, but bound by a fascination for a new document that's part of the centre's GST regime - the E-way bill.
-
GST Implementation Not Disruptive, Best Yet To Come, Says Arun Jaitley
Emphasizing that India has been able to implement the major indirect tax reform GST in the least disruptive manner, Union Finance Minister Arun Jaitley said the best of the new regime in terms of contribution to the society was yet to come.
