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Goods and Service Tax (GST) Bill News
Goods and Service Tax (GST) Bill
Nifty rallies towards 9,100-mark; Sensex up over 100 points
Tue, Mar 28, 2017
On Monday, BSE Sensex closed at 29,237.15, down 184.25 points, while NSE Nifty ended at 9,045.20, down 62.80 points or 0.69%.
Cabinet approves GST supplementary and compensation bills
Mon, Mar 20, 2017
The S-GST will allow states to levy the tax after VAT and other state levies are subsumed in the GST.
E-commerce companies to pay up to 1% TCS under GST
Sun, Mar 19, 2017
Industry has been expressing concern over the TCS provisions saying it would mean a lock-in of capital and also dissuades companies from selling through online aggregators.
Quasi-judicial body likely to curb profiteering post GST
Sun, Mar 05, 2017
A full-fledged authority can be created if profiteering is rampant and there are complaints from public.
GST Council clears law for compensating states for loss of revenue, says Jaitely
Sat, Feb 18, 2017
Jaitely in a PTI report commented, "The GST Council clears law for compensating states for loss of revenue from GST implementation."
Cut in MCLR may not dilute banks interest margins: Jefferies
Wed, Jan 04, 2017
"We think, the reset dates are fairly elongated for retail loans (transmission is slow), versus corporate/working capital loans where transmission could be faster," Jefferies added.
GST Council meet ends for today; CGST clauses finalised: Sources
Thu, Dec 22, 2016
As many as 20 chapters of the model GST law cleared in its last meeting earlier this month.
Budget 2017 will bring in 'behavioural shift'
Tue, Dec 20, 2016
Rana Kapoor said, “For the upcoming budget, ensuring seamless implementation of goods and service tax (GST) and Bankruptcy code is vital along with the demonetisation drive is a logical precursor to this.”
All efforts made to meet April 1 deadline for GST roll out: FinMin
Wed, Dec 14, 2016
The release said that since notification of the GST Council on September 12, six meetings of the Council have been held till now.
Bidi tax to benefit cigarette manufacturers most?
Mon, Dec 12, 2016
The government had last week mulled over taxing these products under the pretext of making healthier lifestyle choices. This tax, if implemented may share some of the tobacco excise revenue of which 87% is currently paid by cigarette companies.
Key Indian equity indices open in red
Mon, Dec 12, 2016
The Sensex of the BSE, which opened at 26,725.31 points, was trading at 26,622.98 points (at 9.16 a.m.), lower 124.20 points or 0.46 per cent from the previous day`s close at 26,747.18 points.
TCS, Deloitte, EY make it to shortlist for GST interface
Fri, Dec 09, 2016
The GSP is mandated to provide innovative and convenient ways to taxpayers and other stakeholders in interacting with the GST Systems from registration of entity to uploading of invoice details to filing of returns.
India's growth will touch new heights after demonetisation, GST: FM Jaitley
Thu, Dec 01, 2016
Speaking on the GST, he said the law has to be implemented latest by September 16, 2017.
Government dated securities takes gross borrowings to 56.8% of Budget Estimates
Mon, Nov 28, 2016
The panel said, “Liquidity conditions in the economy remained comfortable and in surplus mode during the quarter.”
Modi's demonetisation process becomes nightmare for farmers in short-term
Thu, Nov 24, 2016
After conducting a discussion from many agriculture-dealing companies Ambit stated that given this is a relatively lean season as Kharif is behind and rabi is just starting, most companies haven’t yet rolled out any major help to dealers.
GST: No consensus on jurisdiction over assessees
Sun, Nov 20, 2016
The government aims to roll out GST, which will subsume excise, service tax and local levies, from April next year.
Indian stock markets to remain volatile till FY17 end; should you be investing?
Mon, Nov 14, 2016
As long-term investors, it is time to take advantage of these events to have more than optimal returns on your portfolio.
Global cues depress Indian equity markets
Sat, Nov 05, 2016
The negative global sentiments dragged the key domestic indices lower -- by more than 2% each -- even as positive domestic cues such as the Goods and Services Tax (GST) Council`s consensus on the rate slabs and healthy macro-data failed to uplift investors` sentiments.
ITC, VST, Godfrey jump as GST Panel sets tobacco rate at 65%
Fri, Nov 04, 2016
Finance Minister Arun Jaitley led GST panel yesterday fixed the rate structure, under which they stated that tobacco will be taxed at 65% rate.
Panel fixes GST rate structure, FM Jaitley says
Thu, Nov 03, 2016
States getting lower revenue than this would be compensated by the Centre.