Gst Implementation

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Gst Implementation - Total results - 41
Stormy GST Council meet likely today; non-BJP states to oppose Centre's borrowing options
Business

Stormy GST Council meet likely today; non-BJP states to oppose Centre's borrowing options

Chief Ministers of six non-BJP ruled states — West Bengal, Kerala, Delhi, Telangana, Chhattisgarh and Tamil Nadu – have written to the Centre opposing the options which require states to borrow to meet shortfall

Centre will honour GST compensation payment to states, says FM; does not specify timelines
Business

Centre will honour GST compensation payment to states, says FM; does not specify timelines

GST cess collection in 2017-18—the first year of GST implementation—was Rs 62,596 crore, out of which Rs 41,146 crore was released to states

GST measures to avoid tax evasion: Govt plans to launch e-invoices, look at ways to incentivise businesses
Business

GST measures to avoid tax evasion: Govt plans to launch e-invoices, look at ways to incentivise businesses

With almost two years into GST implementation, the government is now focussing on anti-evasion measures to shore up revenue and increase compliance.

Warehousing stock eight major cities to reach 297 mn sq ft by 2021 on strong demand after GST implementation: Report
Business

Warehousing stock eight major cities to reach 297 mn sq ft by 2021 on strong demand after GST implementation: Report

The total warehousing space in top eight cities including Mumbai, NCR, Ahmedabad, Bengaluru, Pune, Chennai, Hyderabad and Kolkata is expected to reach 204 million sq ft by 2019

Low base drives up Corporate India's Q1 revenues 17% on y-o-y basis; consumer-oriented sectors do well, says Icra
Business

Low base drives up Corporate India's Q1 revenues 17% on y-o-y basis; consumer-oriented sectors do well, says Icra

"Indian corporate sector's aggregate revenues have grown by 17.1 percent during the first quarter (Q1FY19), on a year-on-year basis,

Bosch's Q1 net profit rises 42% to Rs 431 crore; revenue from operations stands at Rs 3,212.15 crore
Business

Bosch's Q1 net profit rises 42% to Rs 431 crore; revenue from operations stands at Rs 3,212.15 crore

Bosch Ltd said its total expenses for the period under review stood at Rs 2,677.89 crore as against Rs 2498.16 crore.

MNCs play truant, cite vague reasons for not passing on GST rate cut benefit to consumers
Business

MNCs play truant, cite vague reasons for not passing on GST rate cut benefit to consumers

According to anti-profiteering rules, the authority will suggest to MNCs a return of the undue profit earned from not passing on the GST rate cut benefit to consumers along with an 18 percent interest as also impose a penalty.

India can't have single rate GST, 3-slab structure possible, says CEA Arvind Subramanian
Business

India can't have single rate GST, 3-slab structure possible, says CEA Arvind Subramanian

Goods and Services Tax (GST) is a "work in progress" and there is a need for further simplification of rates with fewer exemptions and simpler policies.

GST anniversary: A simplified tax regime has improved ease of doing business, but barriers remain: Entrepreneurs
Business

GST anniversary: A simplified tax regime has improved ease of doing business, but barriers remain: Entrepreneurs

The GST has helped organise the unorganised sector to a large extent, and, in many cases, has revolutionised entire industries. But, pain-points remain.

GST at one: Govt pleasantly surprised by political class rallying behind tax regime; admits technology let it down initially
Business

GST at one: Govt pleasantly surprised by political class rallying behind tax regime; admits technology let it down initially

Adhia went on to say that natural gas and aviation turbine fuel (ATF) might come under the GST in near future.

GST benefits mainly for housing projects executed post implementation of unified tax, says report
Business

GST benefits mainly for housing projects executed post implementation of unified tax, says report

Benefits of GST for home buyers would majorly be seen in projects executed post implementation of the unified tax regime in July last year

MSMEs with exposure of less than Rs 10 lakh yet to recover from demonetisation and GST, says report
Business

MSMEs with exposure of less than Rs 10 lakh yet to recover from demonetisation and GST, says report

Even as economy has largely recovered from shocks of demonetisation and GST, micro enterprises with borrowings of under Rs 10 lakh are yet to fully recover

Budget 2018: Moody's says 3.3% fiscal deficit in line with forecast, target achievable
Business

Budget 2018: Moody's says 3.3% fiscal deficit in line with forecast, target achievable

In the Budget, Finance Minister Arun Jaitley revised fiscal deficit estimates for the current financial year upwards at Rs 5.95 trillion or 3.5 percent of GDP against the estimate of 3.3 percent

GDP growth revives to 6.3% in July-Sep: RBI gets room to stay put on interest rate, say experts
Business

GDP growth revives to 6.3% in July-Sep: RBI gets room to stay put on interest rate, say experts

There has been positive news in the form of improvement in ease of doing business rankings, Moody’s upgrade of India’s rating and the massive recapitalisation plan for banks

GST: Yashwant Sinha again attacks Arun Jaitley for not 'applying mind', demands his resignation
Politics

GST: Yashwant Sinha again attacks Arun Jaitley for not 'applying mind', demands his resignation

Yashwant Sinha criticised the union government for claiming various achievements after demonetisation

State of the economy: Why the govt should urgently ease GST compliance burden for small traders
Business

State of the economy: Why the govt should urgently ease GST compliance burden for small traders

Four months after the GST roll out, there is a big political debate going on between the ruling Bharatiya Janata Party (BJP) and Congress-led Opposition party with respect to the impact of GST on various businesses.

Truckers' strike: How shoddy GST implementation is wrecking road transport and logistics industry
Business

Truckers' strike: How shoddy GST implementation is wrecking road transport and logistics industry

Truckers should understand that the GST regime, despite its flaws and pitfalls, is the future. They have to upgrade themselves to comply with its various provisions

Implementation of GST is expected to boost job creation in manufacturing sector, says TeamLease
Business

Implementation of GST is expected to boost job creation in manufacturing sector, says TeamLease

industrial production has witnessed a 1.2 percent growth in July from a contraction of 0.2 per cent in June indicating a growth in the manufacturing sector.

GST Council may finalise e-way rules, fix anomalies tomorrow
Business

GST Council may finalise e-way rules, fix anomalies tomorrow

GST Council may finalise a mechanism to operationalise anti-profiteering provision to protect consumer interest