GST News

Bringing petrol, diesel under GST will lower prices: Devendra ...

Bringing petrol, diesel under GST will lower prices: Devendra ...

"A task force is already working on reducing the fuel prices. If it (petrol and diesel) can be brought under GST, rates will come down. Maharashtra has already ...

Businesses Scurry to Prepare As Malaysia's Zero GST Approaches

Businesses Scurry to Prepare As Malaysia's Zero GST Approaches

The Finance Ministry's May 16 decision to remove GST has given companies about two weeks to transition. Kularaj Kulathungam, managing director of KR Tax Consultants Sdn Bhd, fears that some taxpayers will exploit the transition period for profiteering.

GST AutoLeather emerges from bankruptcy with new owner | Crain's ...

GST AutoLeather emerges from bankruptcy with new owner | Crain's ...

Car seat leather supplier GST AutoLeather Inc. emerged from Chapter 11 bankruptcy Tuesday under new private equity ownership and leadership.

India Proposes 18% GST Tax on Cryptocurrency

India Proposes 18% GST Tax on Cryptocurrency

Indian tax authority is reportedly mulling plans to impose a new 18 percent Goods and Services Tax (GST) on the trading of cryptocurrencies. Bloomberg reported this morning that the tax would be part of a proposal being considered by Central Board of ...

Commentary: Hard truths, tough choices ahead after Malaysia's ...

Commentary: Hard truths, tough choices ahead after Malaysia's ...

Malaysia's move might lead to growth in the long term but it cannot escape a widening fiscal deficit in the short term which has knock-on effects ...

28 Crore GST Evasion In Delhi

28 Crore GST Evasion In Delhi

New Delhi: A father-son duo has been arrested by GST officers for tax evasion of Rs. 28 crore, marking the first arrest in the national capital under the new indirect tax regime. The Shahdara-based duo was held on May 22 for issuing invoices ...

GST AutoLeather Exits Bankruptcy Under New Ownership

GST AutoLeather Exits Bankruptcy Under New Ownership

To lead the transition, GST has named Randy Johnson President and CEO. Along with its current strong leadership, GST is announcing the addition of two key leather industry experts, Bryn Kahrl as Vice President of Global Operations and Scott Landis as ...

Bringing Fuel Under GST Will Be A Long-Term Solution For High Prices: HPCL

Bringing Fuel Under GST Will Be A Long-Term Solution For High Prices: HPCL

“We need something to reduce the taxation,” HPCL's Managing Director MK Surana told reporters at a press conference today, adding that a long-term solution lies in bringing petroleum products under the the new indirect tax regime. “GST will also ...and more »

Will take up inclusion of ATF under GST with finance ministry: R N ...

Will take up inclusion of ATF under GST with finance ministry: R N ...

Amid an increased demand from airlines for inclusion of Aviation Turbine Fuel (ATF) in the GST tax regime, Civil Aviation Secretary R N Choubey on Tuesday ...and more »

GST, demonetisation were revolutionary steps taken by PM Modi, says Vice President Venkaiah Naidu

GST, demonetisation were revolutionary steps taken by PM Modi, says Vice President Venkaiah Naidu

Vice President M Venkaiah Naidu said on Wednesday that Goods and Services Tax (GST) and demonetisation were "revolutionary steps" taken by Prime Minister Narendra Modi towards making the nation corruption free. Praising Prime Minister Modi for ...and more »