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Finance Minister Arun Jaitley

GST: FinMin warns industry against arbitrary price hike

Tax department may invoke anti-profiteering clause after mechanism is put in place.

20 May 2017 10:59 AM IST

Union Finance Minister Arun Jaitley arrving to address a press conference on the concluding day of 14th Goods and Services Tax (GST) Council meet in Srinagar. (Photo: AP)

Services split under Goods and Services Tax, to have four rates

The GST Council will meet on June 3 to decide the tax rate for gold and other remaining items.

20 May 2017 1:33 AM IST

Finance Minister Arun Jaitley

GST is going to be consumer friendly: Arun Jaitley

Earlier, the GST Council decided to exempt the daily-use commodities from the levy.

19 May 2017 6:02 PM IST

India, which is worlds second-biggest wheat producer, is looking to hinder wheat imports at a time when farmers are harvesting their crops.

Foodgrains, common-use products to get cheaper under GST

Milk and curd will continue to be exempt from taxation when GST replaced current indirect taxes.

19 May 2017 12:36 PM IST

External Affairs Minister Sushma Swaraj, who piloted the strategy, and Harish Salve, who effectively argued the matter deserve special mention, Jaitley said. (Photo: ANI/Twitter)

GST Council to decide tax rates for services, gold today

Some states seek a 4 per cent tax on gold which does not form part of four-tier tax structure of GST.

19 May 2017 11:51 AM IST

Union Finance Minister Arun Jaitley with MoS Santosh Gangwar and Reneue Secretary Hasmukh Adhia addressing a press conference on the firsrt day of the 14th Goods and Services Tax (GST) Council at SKICC in Srinagar. (Photo: PTI)

GST rates set for most items, gold meet today

Under the new tax, rates will range from 5 to 28 per cent, with 12 per cent and 18 per cent being the standard rates.

19 May 2017 4:40 AM IST

Finance Minister Arun Jaitley

GST Council fits tax rates on 80-90 pc goods, services

Council also approves 9 rules for GST regime that is scheduled to kick in from July 1.

18 May 2017 4:54 PM IST

Implementation of GST it does not seem will meet its actual deadline of Aril 1, 2017 as both the Centre and the states have failed to arrive on an agreement over contentious issues.

J-K govt to benefit from GST, will seek its passage in a legislative...

Under it, C-GST will be levied by the Centre, S-GST by states and I-GST on inter-state supply of goods and services.

18 May 2017 3:06 PM IST

Finance Minister Arun Jaitley. (Photo: PTI)

Will help J&K in GST rollout respecting Article 370: Jaitley

J&K finance minister says meeting in Srinagar will make state part of economic history.

18 May 2017 3:05 PM IST

Union Finance Minister, Arun Jaitley and Revenue Secretary Hasmukh Adhia at the 6th Goods and Services Tax (GST) Council meeting in New Delhi. (Photo: PTI)

GST will remove barriers like octroi, entry tax: Adhia

Adhia writes in an opinion piece it was time to reflect on possible benefits of GST to trade and industry.

26 May 2017 3:12 PM IST

Nitin Gadkari Union Road Transport and Highways and Shipping Minister Nitin Gadkari. (Photo: PTI)

Will request for lower GST on hybrid vehicles: Gadkari

Hybrid cars slated to attract a 15 per cent cess over and above peak rate of 28 per cent under GST.

25 May 2017 4:11 PM IST

The state housing authority has identified a mere 650 houses for this years lottery.

Flat, apartment maintenance to cost more under GST

Once GST comes in, existing rate of 15.55 per cent on maintenance charges will be replaced by 18 per cent.

25 May 2017 3:25 PM IST