GST
Food
Heavy taxes on sin, luxury goods, aerated drinks under GST
IANS -
Finance Minister Arun Jaitley and state finance ministers have not been able to resist the temptation of putting heavy taxes on so-called sin goods -- tobacco, pan masala and aerated drinks as well as luxury vehicles under the Goods...
Retail
GST rates decided on 1,211 items, except gold
IANS -
Making further progress on rolling out the Goods and Services Tax (GST) by July 1, the GST Council on Thursday decided the tax rates for 1,211 items, a majority kept at 18 per cent, though the rates on gold...
Food
Foodgrains, cereals, milk to cost less under GST
Foodgrains, cereals and milk will cost less from July 1 when the Goods and Services Tax (GST) is rolled out as the GST Council on Thursday decided to exempt these daily-use commodities from the levy.
According to a PTI report:...
Retail
Gems & jewellery trade fully ready for GST to be implemented from July 1
The gems and jewellery trade is fully prepared for the GST regime, to be implemented from July 1, industry body GJF said and hoped that the Centre would levy only 1.25 per cent tax on the sector.
According to a...
Retail
GST is on schedule for implementation from July 1: Arun Jaitley
The Goods and Services Tax (GST) is on schedule for implementation from July 1 and will not lead to any significant increase in prices of goods although cost of some services may see a marginal hike, Finance Minister Arun...
Retail
REITs, GST fuel increase in pan India Grade-A warehousing stock
The Goods and Services Tax (GST) and Real Estate Investment Trusts (REITs) are soon going to be a reality in India. These, coupled with a growing demand for quality warehouses by the industry, are expected to lead to an...
Retail
GJF urges Govt to levy 1.25 pc GST on jewellery sector
The All India Gems and Jewellery Trade Federation (GJF) has urged the Government to levy 1.25 per cent Goods and Service Tax (GST) on the industry as against the proposed four per cent.
According to a PTI report: Over the...
Retail
Parliament passes GST bills; Government looking at July 1 roll out
IANS -
Decks have been cleared for implementation of the biggest indirect tax reform since independence, with parliamentary approval to the GST as Rajya Sabha on Thursday passed the four enabling bills for its roll out, possibly from July 1.
The long-awaited...
Retail
Goods will become cheaper with GST: Jaitley
IANS -
Finance Minister Arun Jaitley on Wednesday said goods may become "slightly cheaper" once all other taxes are removed after implementation of the Goods and Service Tax.
Replying to a debate on the four bills related to GST in the Lok...
Retail
Lok Sabha passes all four GST Bills
IANS -
India moved a step closer to becoming a unified market in line with the federalist vision of the architects of its Constitution with the passage in Parliament on Wednesday of the GST Bill, which extends pan-India except to Jammu...
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