Latest News on Gst regime
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Gst regime - Total results - 35
Nov 17, 2017
GST anti-profiteering authority gets Cabinet nod: It is real now and so are the fears of harassmentThe multi-slab design of GST in India complicated the anti-profiteering mechanism unlike other countries which had such a mechanism in place
Nov 14, 2017
GST: Arun Jaitley terms linking rejig to elections 'juvenile politics', rejects Rahul Gandhi's single rate demandThe GST Council, which Jaitley heads, had last week brought down tax rate on 178 products from 28 percent to 18 percent and pushed down several others in lower bracket. Congress, which has made high tax rates and increased compliance burden in the GST regime an election issue in the run up to the assembly elections in Gujarat, claimed credit for the move.
Oct 23, 2017
GST impact: Toyota Kirloskar halts Camry hybrid production as sales fall a sharp 73%As per the GST Council 's decision, the hybrid models fall under 28 percent tax slab and another 15 percent is also applicable.
Oct 04, 2017
Petrol, diesel price down by over Rs 2: Consumers want deeper cut but govt in tough balancing act on revenueSudden cut in fuel prices is due to intense criticism on social media and by the Opposition parties
Oct 02, 2017
GST: Arun Jaitley sees scope for lesser slabs, bigger reforms once revenue picks upCurrently, the GST regime slots items under rates of 5, 12, 18 and 28 percent. An additional GST compensation cess is also levied on certain products.
Sep 07, 2017
GST: Hasmukh Adhia says govt has been flexible with deadline, urges businesses to file returns on timeSales return or GSTR-1 for July will have to be filed by 10 September instead of 5 September earlier and purchase returns or GSTR-2 can be filed by 25 September instead of 10 September earlier.
Aug 29, 2017
Arvind Panagariya's parting shot: NITI's ease of doing business survey is an eye-opener for govtIt is claimed that companies can be incorporated in less than a week. The reality? In Tamil Nadu, it takes 63 days. In Kerala and Assam, over 200 days.
Jul 17, 2017
GST Council to meet today to take stock of implementation of indirect taxThis will be the first meeting of the Council since the launch of the Goods and Services Tax (GST) on July 1 and the 19th since it was set up in September last year.
Jul 01, 2017
GST launched: What experts want now? An empathetic execution, refinement of rate slabsThe government needs to continuously engage with the trade and industry to remove the pain points in implementation to ensure a smooth transition
Jun 30, 2017
GST launch: How will it help common man; ClearTax, a Suvidha provider, explains it in simple termsInput tax credit will reduce the burden of taxes and, hopefully, prices