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The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

1 per cent extra cess in calamity-hit Kerala okayed

Kerala had asked the GST Council for levying cess to fund rehabilitation work.

7 Jan 2019 6:17 AM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

Ministerial panels on GST relief to MSMEs, levy of calamity cess to...

The decisions of the two ministerial panels would be placed before the GST Council when it meets next on January 10.

5 Jan 2019 3:21 PM IST

The government is considering converting GST Network- which is handling the IT infrastructure of the new indirect tax regime - into a state-owned company, an official source said.

GST relief for MSMEs, homebuyers on the cards

GST Council will consider lowering tax rates on under-construction flats to 5 pc from 12 pc to give a boost to the...

3 Jan 2019 10:29 AM IST

The GST Council cleared nil rate on live asses, mules and hinnies while placing live horses under the 12 per cent bracket.

GST collection falls below Rs 95,000 crore in December

The December revenue collections reflect the purchase and sales activities conducted in November.

2 Jan 2019 1:11 AM IST

GST reforms to boost realty demand: developers

To boost demand in the real estate sector, the GST Council in its recently held meeting, slashed tax rates for...

28 Feb 2019 5:02 PM IST

Union Finance Minister, Arun Jaitley addressing a press conference after the 5th Goods and Services Tax (GST) Council meeting in New Delhi. (Photo: PTI)

Govt detects Rs 20,000 cr GST evasion in April-Feb FY'19

The GST Council, chaired by FM Jaitley decided to cut tax rates on under-construction apartments to five and one per...

27 Feb 2019 2:34 PM IST

A 26-year-old Indian Institute of Technology (IIT) graduate allegedly committed suicide by jumping off the 23rd floor of a residential apartment in the Golf Course road area in millennium city. (Representational Image)

Reduced tax rate for real estate to bolster consumer sentiments: ICRA

GST Council in its meeting recommended reduction in GST rate on under-construction residential properties to 1 per cent.

27 Feb 2019 10:24 AM IST

Finance Minister Arun Jaitley said, Government had announced in the budget that consolidation of banks was also in our agenda and the first step has been announced. (Photo: Twitter | ANI)

GST Council defers decision on tax on real estate; extends deadline...

The due date for filing summary sales return - GSTR-3B - is February 20.

20 Feb 2019 2:25 PM IST

With improved compliance, the GSTs implementation will streamline further

With improved compliance, the GST's implementation will streamline...

the GST Council has taken over taxation issues to help the Niti Aayog, says NK Singh.

17 Feb 2019 7:35 AM IST

The upcoming elections, rising inflation and interest rates could further dampen the buying sentiment in the real estate, making the task of loan recovery difficult.

GoM report on real estate expected soon

A senior government official said the GoM will submit the report to GST Council which is likely to meet on February 20.

14 Feb 2019 10:43 AM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

GST mop-up rises to Rs 1.02 lakh cr in January

The total number of sales return or GSTR-3B filed for the month of December up to January 31, 2019 is 73.3 lakh.

2 Feb 2019 2:55 PM IST

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)

Budget 2019: GST exemption doubled from Rs 20 to 40 lakhs for small...

GST rate has been continuously reduced, providing relief of about Rs 80,000 crore annually to consumers.

1 Feb 2019 2:59 PM IST