Tax Regime
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Kiran Bedi hails GST launch, says India is heading to become one common market
•Lieutenant Governor Kiran Bedi has hailed the launch of GST in a tweet and said that 'India is heading to become one common market-Indian Common Market' (ICM)
GST rollout: Double whammy in Delhi restaurants tonight as hotels present two bills
•With the launch of the new Goods and Services Tax (GST), those planning to dine out on Friday night may find themselves caught in minor disputes over payments, if they stay on post midnight.
GST rates: 18% tax on personal computers, 28% on monitors will hit local manufacturers, says MAIT
•Under the GST regime, 18 percent tax will be levied on personal computers and 28 percent on monitors which will hit local manufacturers.
GST Council to meet on Tuesday, decide on tax rate by 20 October
•The crucial three-day meeting of the all-powerful GST Council, starting on Tuesday, will decide on the tax rate and sort out issues like compensation formula for rollout of the new indirect tax regime from 1 April, 2017.
Tata Group joins hands with GM, warns UK over harsh business tax regime
Fp Archives •Joining hands with American auto giant, General Motors, the Indian multinational conglomerate lamented that business rates are five to 10 times higher in Britain than equivalent taxes in the rest of Europe.<br />