GST Bill

India on Monday took a major step towards a unified goods and services tax regime across the country, with parliament passing the relevant constitution amendment bill in what is seen as the most radical indirect tax reform in over...

Union Power Minister Piyush Goyal on Monday termed the passage of Constitutional amendment bill, which paves the way for Good and Services Tax (GST) regime, in the Lok Sabha, as a big bang reform. "GST getting passed in Lok Sabha...

With GST expected to roll out in April next year, Luxury cars, FMCG products, consumer durables, electronics items and readymade garments will become cheaper. While mobile phones, banking and insurance services, telephone bills as well as air travel will...

Evaluating various provisions of Model GST Bill, the Confederation of All India Traders (CAIT) said that standard tax rate if remain nearby 18 per cent under GST will prove to be an ideal tax rate and in all probability...

The amended Goods and Service Tax (GST) bill will be taken up in the Lok Sabha today for passage with Prime Minister Narendra Modi likely to intervene in the debate. The government has listed the bill for Monday's legislative business...

As India took a big leap towards a unified Goods and Services Tax (GST) regime across the country, with the upper house of parliament passing the relevant Constitution amendment bill on Wednesday, industry biggies and major think tanks said...

In the retail sector, GST means seamless integration of goods and service transaction across states and benefit for the value chain at different stages…

FMCG major Emami on Wednesday announced that it has hired consultant PriceWaterhouseCoopers (PwC) to assess the impact of GST regime on the company and chart a roadmap to realign firm's strategy accordingly. "We are evaluating the impact and for that we...

If implemented successfully, it is expected to add up to 2 per cent to the country’s gross domestic product, increase the tax base and ensure revenue buoyancy...

The retail industry too will see an indirect impact due to increased efficiencies in the supply chain and cost to customer will go down as the multiplicity of taxes will no longer apply...