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GST

GST will have minimal impact on retail inflation, says Morgan Stanley report

The Goods and Services Tax (GST) is likely to have minimal direct impact on the consumer price index (CPI) basket, a report Morgan Stanley said. This is because most of the tax rates for the items in the CPI basket...

Walmart India launches GST workshops for supplier partners

Walmart India on Monday said it has flagged off a series of workshops for its small and medium-sized enterprises (SME) supplier partners to help evaluate their Goods and Services Tax (GST) compliance levels and prepare for the transition to...

E-commerce companies to remain unaffected by GST; to levy 1 pc TCS on sellers

E-commerce consumers are likely to remain unaffected once GST sets in from July 1 even as players like Flipkart and Amazon prepare to deduct one per cent of the payment it makes to sellers under the new tax regime. According...

Heavy taxes on sin, luxury goods, aerated drinks under GST

Finance Minister Arun Jaitley and state finance ministers have not been able to resist the temptation of putting heavy taxes on so-called sin goods -- tobacco, pan masala and aerated drinks as well as luxury vehicles under the Goods...

GST rates decided on 1,211 items, except gold

Making further progress on rolling out the Goods and Services Tax (GST) by July 1, the GST Council on Thursday decided the tax rates for 1,211 items, a majority kept at 18 per cent, though the rates on gold...

Foodgrains, cereals, milk to cost less under GST

Foodgrains, cereals and milk will cost less from July 1 when the Goods and Services Tax (GST) is rolled out as the GST Council on Thursday decided to exempt these daily-use commodities from the levy. According to a PTI report:...

Gems & jewellery trade fully ready for GST to be implemented from July 1

The gems and jewellery trade is fully prepared for the GST regime, to be implemented from July 1, industry body GJF said and hoped that the Centre would levy only 1.25 per cent tax on the sector. According to a...

GST is on schedule for implementation from July 1: Arun Jaitley

The Goods and Services Tax (GST) is on schedule for implementation from July 1 and will not lead to any significant increase in prices of goods although cost of some services may see a marginal hike, Finance Minister Arun...

REITs, GST fuel increase in pan India Grade-A warehousing stock

The Goods and Services Tax (GST) and Real Estate Investment Trusts (REITs) are soon going to be a reality in India. These, coupled with a growing demand for quality warehouses by the industry, are expected to lead to an...

GJF urges Govt to levy 1.25 pc GST on jewellery sector

The All India Gems and Jewellery Trade Federation (GJF) has urged the Government to levy 1.25 per cent Goods and Service Tax (GST) on the industry as against the proposed four per cent. According to a PTI report: Over the...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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