Latest News on Indirect tax
Showing of 0 - 10 from 113 results
Indirect tax - Total results - 113
Nov 06, 2017
GST Council to meet this week; expect rate cuts for furniture, plastic products and simpler returns filing rulesThe panel is likely to rationalise tax rate in sectors where the total incidence of taxation has gone up because the goods were earlier either exempt from excise or attracted lower VAT rates in the previous indirect tax regime.
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 27, 2017
August GST mop-up Rs 90,669 cr; July transitional claims Rs 12,000 cr, not Rs 65,000 cr, says govtAs per the tax sharing formula, the Centre will compensate states for any revenue loss calculated on a base year of 2015-16 and assumed revenue growth of 14 percent.
Sep 01, 2017
Prime Minister Narendra Modi asks taxmen to be friendly to honest taxpayersPrime Minister Narendra Modi asked them to ensure that the benefits of the biggest tax reform since independence, GST, reach the common man by way of reduced prices
Aug 02, 2017
GST stocktaking-I: There are concerns but need of the hour is constructive criticism, not blind oppositionAfter one month of implementation of GST, we take a stock of how GST is impacting and shaping the country and the way we do business
Jul 28, 2017
Govt collected Rs 2,35,308 cr from education, Swachh Bharat, Krishi Kalyan cesses in 2016-17The amount generated from the aforesaid cesses and surcharges under the indirect tax category stood at Rs 1,88,368.58 crore last fiscal.
Jul 20, 2017
Opposition in Rajya Sabha raises concerns over anti-GST protests by textile tradersOpposition in the Rajya Sabha today raised the issue of protests across the country by textile manufacturers and traders against GST
Jul 19, 2017
GST: Taxmen to go slow on enforcement for 6 months as there will be genuine errors, says CBECCBEC chief admitted the GST implementation has not been glitch free and said second round of FAQs with further clarifications will be published soon
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 05, 2017
GST impact on real estate: Affordable housing may get a boost with segment turning attractiveOverall the impact of GST on real estate would be basically tax neutral but full of gains for the affordable housing sector