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According to sources in the finance department, the GST collection was not expected to be so high and hence it had asked the Centre for a compensation of Rs 6500 crore.Business
GST mop up dips for 2nd straight month

As per the data available, the GST collections in July was over Rs 95,000 crore, while in August the figure was over Rs...

27 Dec 2017 12:56 AM IST

Prime Minister Narendra ModiBusiness
PM Modi reviews preparedness for GST

This was the first review by the PM after the GST Council finalised the rates, and the second since May 2.

5 Jun 2017 3:40 PM IST

Globally, gold fell 0.13 per cent to USD 1,235.40 an ounce in New York .Business
Gold jewellers happy with 3 per cent tax

The GST council has decided to fix the GST rate at 3 per cent for the jewellery trade.

5 Jun 2017 6:01 AM IST

Representational ImageBusiness
Govt starts blitzkrieg on GST awareness

The media blitzkrieg is to tell the common man that the upcoming GST will reduce prices of most goods.

4 Jun 2017 3:27 PM IST

Reprsentational ImageBusiness
Textile products to cost more after GST

The GST Council on Saturday fixed 5 per cent rate on cotton fibre, yarn and fabric, which attract zero duty at present.

4 Jun 2017 2:06 PM IST

Photo caption: 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. (Representational Image)India
GST: Gold, packaged food dearer

Finance minister Arun Jaitley exuded confidence that states are ready to implement the new indirect tax regime from July...

4 Jun 2017 4:13 AM IST

The 3.5 kgs gold, which has been seized, is assessed to be worth Rs 92.87 lakh. Both the accused have been arrested, Garg said. (Representational Image)Business
Gold prices set to increase under GST

GST Council finalised the tax rates on five out of the six commodities that were excluded in the previous meeting.

3 Jun 2017 7:11 PM IST

Finance minister Arun JaitleyBusiness
GST Council clears rules, states agree to July 1 rollout

GST Council had last month fitted over 1,200 goods and 500 services in the tax brackets of 5, 12, 18 and 28 per cent.

3 Jun 2017 2:56 PM IST

Defence Minister Arun Jaitley (Photo: PTI)Business
15th GST Council meeting starts, rates of six items to be decided

GST Council had put over 1,200 goods and 500 services in the four tax brackets of 5, 12, 18 and 28 per cent.

3 Jun 2017 2:11 PM IST

Photo caption: 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. (Representational Image)Business
CAIT demands review of GST rates for auto spares, FMCG

CAIT said a higher rate of taxation will trigger a price rise resulting in reduced sales and inevitable layoffs.

3 Jun 2017 1:38 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
GST: CBEC wants e-way bill for goods worth Rs 50K in transit

Moving goods worth more than Rs 50,000 under GST will require prior online registration.

14 April 2017 6:20 PM IST

President Pranab Mukherjee (Photo: PTI)Business
Prez gives assent to four supporting legislations on GST

GST Council will also take decisions regarding inclusion of petroleum products and alcohol in the GST network.

13 April 2017 3:49 PM IST

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