GST News

No, GST won't spare students: Education cost will go up

No, GST won't spare students: Education cost will go up

Till now, students enrolling in coaching institutions to get into professional courses such as engineering paid 15% tax. The new GST levy will be 18%. A student paying Rs 1 lakh to a coaching centre will have to pay Rs 1.18 lakh after GST, which is Rs ...

GST: Indian GST is significantly unique, but is it better? - The ...

GST: Indian GST is significantly unique, but is it better? - The ...

The core principle of GST levy in India shall be of a destination based consumption tax in accordance with the GST legislations applicable globally.and more »

Are you buying a new car? Here's how GST will impact your bill

Are you buying a new car? Here's how GST will impact your bill

Popular cars like Alto from Maruti will see an increase in prices as the tax levied on them will be more than 29% from the current rate of 25-27.5%.

GST cell to sensitise govt officials

GST cell to sensitise govt officials

In a series of tweets, Irani added that "most" PSUs have completed or are at different stages of registration, migration and transition of their software to a GST compatible software. "Workshop conducted today will further benefit officials, EPCs and ...

GST for paints is tax neutral, says Asian Paints

GST for paints is tax neutral, says Asian Paints

As the economy gears up for the goods and services tax (GST), the sector on our radar today is paints. In an interview to CNBC-TV18, KBS Anand, MD & CEO of Asian Paints spoke about how they are preparing for the GST.and more »

GST to help lower overall tax burden over time: Patel

GST to help lower overall tax burden over time: Patel

“The prudent point is that GST itself is part of the digitisation revolution, which along with the reforms on the information tax side in terms of the processes and operations, have the potential to broaden the tax base considerably,” Mr. Patel told an ...

GST will benefit Kajaria and all other organised players: Ashok Kajaria, CMD, Kajaria Ceramics

GST will benefit Kajaria and all other organised players: Ashok Kajaria, CMD, Kajaria Ceramics

First of all, it brings a level playing field which so far has not been and as you are aware the industry has been levied 28% GST which slightly we felt was at higher side although we are paying the same amount of taxes. But in view of the various ...

Gems and Jewellery Trade Federation plans for series of GST seminars in Mumbai

Gems and Jewellery Trade Federation plans for series of GST seminars in Mumbai

As an apex body, GJF has already conducted such webinars and wishes to go across PAN India in next few months to empower jewellers and people engaged with the trade with the effective knowledge and true operations of GST and its implication in the ...and more »

Bribes, Borders and Middlemen: Why India's GST Is a Game Changer

Bribes, Borders and Middlemen: Why India's GST Is a Game Changer

There's no shortage of hyperbole when it comes to describing the GST changes, which took more than a decade of protracted negotiations before Parliament pushed it through. The government's chief economic adviser Arvind Subramanian described it as ...

GST launch: Modi government's midnight GST launch function to be ...

GST launch: Modi government's midnight GST launch function to be ...

NEW DELHI: The Centre's GST launch on the night of June 30 will be a sober, one-hour function, reminiscent of late night session that was held in Parliament in ...and more »