GST

Over the last two years, the Modi Government has come out with several changes in India's retail policies. From easing FDI norms to giving the green signal to the long-stalled GST bill, the past few months have witnessed the Government's determination to...

With Odisha on Thursday becoming the 16th state to ratify the Goods and Services Tax (GST) Bill, the constitution amendment is now ready to be sent for the President's assent before being notified as law. Thus, the pan India overhaul...

In a meeting held with Empowered Committee of State Finance Ministers at New Delhi recently, the Confederation of All India Traders (CAIT) extend its strong support to early implementation of GST in India and raised a few concerns of...

The rapidly expanding e-commerce companies have made a strong case for keeping them out of the proposed GST net but the state finance ministers appeared in no mood to oblige. According to a PTI report: At the first meeting of...

Spelling out benefits of the Goods and Services Tax (GST), the revenue department today said it will make consumer goods cheaper, increase consumption and generate more employment by enhancing economic activity. "... (GST will) create a unified common national market...

The Goods and Services tax (GST) is perceived as the single biggest indirect tax reform in India and is expected to bring in a simpler tax structure with a seamless credit chain. The ‘one tax, one market’ concept on...

A large section of India Inc would like the standard Goods and Services Tax (GST) rate to stay well below 20 per cent along with services of mass consumption being included in the ‘merit’ list to ensure that prices...

The Reserve Bank said it will be challenging to roll out GST from April 1, 2017 but the new indirect tax regime will eventually boost business sentiment and investments. According to a PTI report: Dispelling fears of price rise due...

India on Monday took a major step towards a unified goods and services tax regime across the country, with parliament passing the relevant constitution amendment bill in what is seen as the most radical indirect tax reform in over...

Union Power Minister Piyush Goyal on Monday termed the passage of Constitutional amendment bill, which paves the way for Good and Services Tax (GST) regime, in the Lok Sabha, as a big bang reform. "GST getting passed in Lok Sabha...