New Delhi [India], Nov 25 (ANI): In a bid to support exports of readymade garments and made-ups, the Centre has notified revised rates of Goods and Services Tax (GST) under the scheme for Remission of State Levies (RoSL).
New Delhi [India], Nov 25 (ANI): Chief Economic Adviser Arvind Subramanian has hinted reduction in the number of tax slabs under the Goods and Services Tax (GST), with the merger of 12 percent and 18 percent tax slabs into one.
New Delhi [India], Nov 25 (ANI): Finance Secretary Hasmukh Adhia said on Saturday that a decision regarding the formation of a National Anti profiteering Authority would be announced next week, amid reports of uneven rates of Goods and Services Taxes (GST) being levied on the consumers.
New Delhi [India], November 24 (ANI): Congress leader in the Lok Sabha Mallikarjun Kharge termed the announcement of date for the winter session of the Parliament by the Center as 'formality' and accused the Centre of running away from the issue of the people.
Washington D.C. [United States], November 24 (ANI): Attacking the ObamaCare, United States President Donald Trump has vowed to repeal and replace it after the Republican tax cut bill is signed into law.
New Delhi [India], Nov 22 (ANI):The Central Board of Direct Taxes on Wednesday notified that the government has constituted a task force to review the Income-tax Act, 1961, and will draft a new Direct Tax Law in consonance with economic needs of the country.
New Delhi [India], Nov 22 (ANI): The Goods and Services Tax (GST) Council in its 23rd meeting held on November 10 had announced that meals at restaurants, both air-conditioned and non-air-conditioned will now attract only five percent GST, which is much lower than 18 percent that had earlier
New Delhi [India], Nov 21 (ANI): National Real Estate Development Council (Naredco) Chairman Rajeev Talwar on Tuesday said that a flat Goods and Services Tax (GST) rate of six percent with input tax credit for housing is a win-win situation for everybody.
New Delhi [India], November 21 (ANI): The Congress on Tuesday said that the Modi Government was delaying the winter Parliament session in order to evade the Opposition's questions on issues like unemployment, the Goods and Services Tax (GST), demonetisation and the Rafael deal.
New Delhi [India], Nov 21 (ANI): Officials from the Ministry of Finance are currently chairing a meeting with the real estate developers over Goods and Services Tax (GST) to be levied on properties owned by private developers.