As India's Goods and Services Tax (GST) completes eight years since its launch in July 2017, a report by PwC highlights the key demands and reforms expected by the industry going forward.
Finance Minister Nirmala Sitharaman, on Tuesday, underscored the Union government's commitment to providing tax certainty and streamlining business regulations as part of the broader vision to build a Viksit Bharat by 2047.
India is at the threshold of a major structural shift in its growth trajectory, highlighted Shaktikanta Das, Reserve Bank of India Governor, on Tuesday during his address at the 188th AGM (Annual General Meeting) of Bombay Chamber of Commerce & Industry.
New Delhi [India], July 5 (ANI): Simplification of Goods and Services Tax (GST) law, rationalisation of rates, and removal of tax inversion are among the priority for the government of India, Tarun Bajaj, Revenue Secretary, Ministry of Finance, said on Tuesday.
New Delhi [India], October 9 (ANI): Finance and Revenue Secretary Ajay Bhushan Pandey said the e-invoicing implementation B2B transactions from October 1 has been encouraging and is getting progressively robust.
Gurugram (Haryana) [India] Feb 28 (ANI): To boost demand in the real estate sector, the GST Council in its recently held meeting, slashed tax rates for under-construction flats to five percent and affordable homes to one percent, effective from April 1, 2019. Currently, the GST is levied
New Delhi [India], Jan 31 (ANI-NewsVoir): Tabled in Parliament on Monday by Finance Minister Arun Jaitley, the Economic Survey has estimated that the Indian economy will grow by 7-7.5 percent in 2018-19, re-establishing India as the world's fastest-growing major economy.
New Delhi/ Lucknow (Uttar Pradesh) [India], October 8 (ANI): Uttar Pradesh Deputy Chief Minister and Bharatiya Janata Party (BJP) Dinesh Sharma on Sunday hailed Prime Minister Narendra Modi's statement on 'Diwali arriving early' after the decisions taken by the Goods and Service Tax (GST)
New Delhi [India], July 28 (ANI): At the recent meeting of the BRICS heads of revenue and tax experts held from July 25 to 27 in Hangzhou, China, India's latest Goods and Services Tax (GST) reforms were appreciated and hailed by the BRICS countries.
Beijing [China], July 4 (ANI): Appreciating the revolutionary Goods and Services Tax (GST) reform in India, a Chinese daily has said that New Delhi still lags far behind Beijing in terms of implementing the reform.
New Delhi [India], July 2 (ANI): Revenue Secretary Hasmukh Adhia on Sunday cleared apprehensions of the consumers over the complexities of the Goods and Services Tax (GST) reform, which is likely to benefit the honest taxpayers.