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An illuminated Parliament ahead of midinight launch of Goods and Services Tax (GST) in New Delhi. (Photo: AP)India
GST: One tax, many areas of confusion

Some retailers noted that similar confusion could arise even in case of readymade garments and other merchandise.

1 July 2017 4:12 AM IST

Prime Minister Narendra Modi addresses the special ceremony in the Central Hall of Parliament for the launch of Goods and Services Tax (GST), in New Delhi. (Photo: AP)India
PM Modi terms GST as 'good and simple tax'

Modi said GST is not just a tax reforms but also economic reform, social reform and a tool towards honesty.

1 July 2017 3:08 AM IST

The Centre is considering a lower three per cent GST rate on gold even as industry sticks to its dem-and to keep it at a lower rate of 1.25 per cent.Business
Gold likely to attract 3 per cent GST

GST Council had in its last meeting cleared a four-tier goods and services tax structure of 5, 12, 18 and 28 per cent in...

18 Nov 2016 1:44 AM IST

Finance Minister Arun JaitleyBusiness
GST Council meet in Srinagar today, representatives of 29 states

GST will be a national sales tax that will be levied on consumption of goods or use of services.

18 May 2017 10:00 AM IST

Illegal cigarette trade is more than 20 per cent of the cigarette industry in India.Business
Have a tax rate that disincentivises cigarette smuggling: FAIFA

GST is an opportunity for the government to ensure illicit trade is eradicated from the country.

15 May 2017 1:55 PM IST

Automobile industry had approached the GST Council and government seeking to reconsider keeping the category at 28 per cent plus 15 per cent cess.Business
Expect auto demand to rise in short term after GST: Goenka

Growth in the auto industry would depend on other factors such as interest rates on vehicle loans.

6 July 2017 4:06 PM IST

Shares of Indian Bank were trading 9.59 per cent up at Rs 312.50 on BSE.Business
Indian Bank revises interest rates in FCNR(B) deposits

Revised interest rates have been fixed at 2.43 per cent for deposits of one year and above.

4 July 2017 6:37 PM IST

Finance Minister Arun jaitleyBusiness
Jaitley underlines urgency to pass GST bills

FM says bringing petroleum and land under its ambit will be considered after first year of implementation.

23 March 2017 6:10 PM IST

Finance Minister Arun jaitleyBusiness
GST will make tax evasion difficult: Arun Jaitley

Finance Minister adds country will continue to remain fastest growing economy and attain 7-8 per cent growth.

22 March 2017 10:42 AM IST

Finance Minister Arun JaitleyBusiness
GST Council to take up, approve model laws today

Th meeting comprises the Union finance minister and state representatives will discuss law and finalise them.

3 March 2017 4:48 PM IST

Regarding the new GST timeline of July 1, the report said \this is in line with our base case that the GST would be implemented between April and September 2017\.Business
Model GST Bill to go for 20 per cent peak tax

Change in peak rate will not alter 4-slab rate structure of 5, 12, 18 and 28 per cent agreed upon last year.

2 March 2017 3:15 PM IST

Finance minister Arun JaitleyBusiness
GST council to meet on Monday to break deadlock

Council lead by Arun Jaitley has been deadlocked in last four meetings, last one being on January.

15 Jan 2017 1:21 PM IST

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