Search For "gst"
GST Panel fixes tax structure at 5, 12, 18 and 28 pct; 50 percent products
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov 3 (ANI): The most anticipated Goods and Services Tax (GST) Council has finally zeroed on a four-rate tax structure of 5, 12, 18 and 28 percent, said Finance Minister Arun Jaitley at a press conference here on Thursday.
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Remove anomalies before imposing GST across sectors, says ASSOCHAM-KPMG pa
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov 2 (ANI): Sharp anomalies in the taxation rates and structure across different industries such as telecom, tobacco, textiles, food processing and tourism, should be addressed to as the country moves in a transition period for implementing the Goods and Services Tax, the
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World Bank to include GST, bankruptcy code in next report
Updated : 8 years, 7 months ago IST
New Delhi [India], Nov 1 (ANI): The World Bank in its latest 'Doing Business' 2017 report has suggested taking on board implementation of the Goods and Services Tax (GST) and enactment of the bankruptcy code.
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GSTN, DGFT sign MoU for sharing of foreign exchange realisation data
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct. 28 (ANI): The Goods and Services Network (GSTN) has announced signing of a Memorandum of Understanding (MoU) with Director General of Foreign Trade (DGFT) for sharing of foreign exchange realization and import export code data.
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Multi GST rates will put less pressure on common man, defends Jaitley
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct. 26 (ANI): Coming under criticism for proposing four-slab multi-rate tax structure under the Goods and Service Tax (GST), Union Finance Minister Arun Jaitley on Wednesday said the objective of this is to ensure that the tax structure does not become regressive or burde
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AIGF writes to GST Council for low tax rate on casino transactions
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct. 25 (ANI): The All India Gaming Federation (AIGF) has filed a representation to the GST Council to provide for a standard or low rate to tax the casinos transactions and to formulate special rules for valuation for certain peculiar transactions pertaining to the indust
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GST: No consensus reached over tax rates, says Jaitley
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct. 19 (ANI): Union Finance Minister Arun Jaitley on Wednesday said the Goods and Services Tax (GST) Council's third stage of discussions ended without reaching a consensus on the tax slab rates.
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GST Council to take final decision on tax rate today
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct 19 (ANI): The decision on the Goods and Services Tax rates, which will have four slabs, will be taken today by the GST Council that kicked off its three-day meeting yesterday.
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GST Council reaches consensus on state compensation, 2015-16 to be base ye
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct 18 (ANI): The three-day meeting of the Goods and Services Tax (GST) Council on Tuesday reached a consensus on state compensation and the base year will be 2015-16, while the decision on the GST rates, which will have four slabs, will be taken on Wednesday.
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Rahul Gandhi bats for poor, voices against non-inflationary GST
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct. 18 (ANI): Congress vice-president Rahul Gandhi on Tuesday urged the Goods and Services Tax (GST) Council to set a tax rate at 18 percent or lower so that the poor are not unduly burdened.
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Crucial GST Council to discuss fixing tax rate, other issues today
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct. 18 (ANI): The Goods and Services Tax (GST) Council will meet here today, where a decision is likely to be taken on the tax rate and to sort out other issues like the compensation formula to be adapted for the rollout of the new indirect tax regime from April 1 next ye
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MPs, doctors, tobacco victims, public health advocates GST regime
Updated : 8 years, 7 months ago IST
New Delhi [India], Oct.17 (india-Business Wire India): It is well known that tobacco and tobacco products are globally recognized as "sin goods" on account of their serious adverse impact on public health.
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