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GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

20 lakh firms paid GST so far, 30 lakh more expected: GSTN Chairman

GST-Network -- the company managing tax filing apparatus -- has geared up the IT network to handle the rush.

23 Aug 2017 5:44 PM IST

Finance Minister Arun Jaitley

GST Council's 21st meeting to be in Hyderabad on September 9

The Telagnana government is going to raise the issue of tax concession for government projects.

23 Aug 2017 3:32 PM IST

Hyundai sells several low-priced vehicles in India, which could pose a challenge in terms of market positioning for Kia.

How is a 'luxury' car defined under GST, asks Hyundai

Under GST, Hyundai's new models like Elantra, will attract same rate as luxury models from BMW, Mercedes and Audi.

22 Aug 2017 6:06 PM IST

Healthcare services such as dialysis, pacemaker implantation, support devices in orthopaedics and cancer treatment could be costlier under GST.

First GST return filing earns govt Rs 42K crore so far

Under the GST regime, which was implemented from July 1, businesses are expected to file the monthly tax return.

21 Aug 2017 7:38 PM IST

Indias Gross Domestic Product (GDP) growth slipped to 5.7 per cent during the first quarter of the current financial year. Photo: AP/Representational

India's GDP hit hard by GST as it slips to 5.7 per cent in June...

This indicates the economy is reeling under the impact of the destocking activity and the uncertainty prevailing under...

31 Aug 2017 6:09 PM IST

APMC saw an increase in the number of trucks.

Finance Ministry posts rules under e-way bill

The e-way bill provisions were approved by the GST Council, chaired by Finance Minister Arun Jaitley.

31 Aug 2017 5:39 PM IST

Finance Minister Arun Jaitley (Photo: PTI)

Jaitley indicates fewer GST slabs may be possible in future

Jaitley indicated that the 12 per cent and 18 per cent GST slabs could be integrated into one slab.

31 Aug 2017 3:48 PM IST

Economic Survey listed challenges to GDP growth like appreciation of the rupee, farm loan waivers, rising stress on balance sheets in power as well as telecom and problems from GST transition. (Representational Image)

India's economic growth seen picking up as note ban effects reduce

Narendra Modi's shock decision last November to scrap high-value old banknotes wiped out 86 percent of currency in...

31 Aug 2017 12:23 PM IST

Union Finance Minister Arun Jaitley addressing a press conference after a cabinet meeting in New Delhi. (Photo: PTI)

Fall out of demonetisation on predicted lines, to benefit in long run:...

Jaitley also said the fact that money got deposited in banks does not mean that all of it is legitimate money.

31 Aug 2017 10:57 AM IST

Article 246 says every state can levy a GST.

Over 36 lakh biz file GST returns, to rope in Rs 65,000 crore revenue

Tax collected in maiden filings under GST regime are still being compiled.

28 Aug 2017 3:36 PM IST

Businesses availing trasnitional credit can file GST returns till August 28. Photo: Twitter| @GSTN_IT

GST return filing deadline extended to Aug 28 for firms claiming...

These entities will have to deposit taxes on the basis of self-assessment by 20 August.

18 Aug 2017 11:57 AM IST

The Madhya Pradesh government on Saturday made it clear that petroleum products will not be brought under the ambit of GST. Photo: PTI

Madhya Pradesh clarifies it will not bring petroleum products under...

Jayant Mallaiya said it is difficult to bring petroleum products under GST as state gets 35 per cent of its revenue from...

12 Aug 2017 6:47 PM IST