GST News

Vodafone joins hands with HP, KPMG for GST solutions in India

Vodafone joins hands with HP, KPMG for GST solutions in India

HP laptop with the GST software and Vodafone connectivity coupled with guidance and support services is priced at Rs 36,490. Another bundled offer includes the GST software with Vodafone connectivity, and support services for Rs 12,990. MBI ANU.

Temporary disruptive effect of GST over, says economic affairs secretary

Temporary disruptive effect of GST over, says economic affairs secretary

NEW DELHI: Economic affairs secretary SC Garg on Tuesday said the temporary disruptive effect of the Goods and Services Tax (GST) is over as the manufacturing sector recorded positive growth of 3.1 per cent in August. Commenting on the twin data on ...and more »

GST alters tax-exempt status, say envoys

GST alters tax-exempt status, say envoys

Urging India to respect reciprocal privileges, diplomats posted in New Delhi have complained to the Ministry of External Affairs (MEA) that the new GST regime altered the tax-exempt status of the foreign missions. The change of status and other issues ...

Paddling along the GST

Paddling along the GST

There has been much collective groaning since the goods and services tax (GST) was implemented on July 1. Even before it was rolled out, many cribbed about the implementation date being 'rushed'. The manner in which the 2016 Constitution amendment ...and more »

Momentum builds up for inclusion of real estate in GST

Momentum builds up for inclusion of real estate in GST

New Delhi: Momentum is building for inclusion of real estate within the ambit of the goods and services tax (GST) with several states backing finance minister Arun Jaitley's recent suggestion that the new indirect tax system was the answer to tax ...

Despite GST impact, Bajaj Finance net soars 37%

Despite GST impact, Bajaj Finance net soars 37%

Mumbai: In spite of some impact arising from the GST rollout disruptions, leading non-banking finance player Bajaj Finance today reported a 37 per cent jump in net profit at Rs 557 crore for the quarter to September, as overall advances grew at a ...and more »

Items in 28% GST rate slab needs to be pruned: Hasmukh Adhia

Items in 28% GST rate slab needs to be pruned: Hasmukh Adhia

The number of goods in the highest 28 per cent GST slab would be brought down and a committee of officers will calculate the revenue impact before going in for further reduction in tax rates, Revenue Secretary Hasmukh Adhia said today. "It is required ...

Govt grappling to pinpoint reasons for low GST compliance

Govt grappling to pinpoint reasons for low GST compliance

Even more than 100 days after Goods and Services Tax (GST) kicked-in, the government is still trying to figure out the reason behind low compliance. One of the biggest challenge for the government since GST's implementation has been the issue of ...and more »

GST takes sparkle out of festival of lights

GST takes sparkle out of festival of lights

Mumbai: The lights appear to have dimmed this Diwali, thanks to increases in prices of food, clothing, fireworks and gifting items after the imposition of the Goods and Services Tax (GST). Together with inflation and the after-effects of demonetisation ...

Congress

Congress "an equal partner" in GST decision: Narendra Modi

Prime Minister Narendra Modi today said Goods and Services Tax (GST) was a collective decision of various state governments in which the Centre had a small role to play and the Congress was "an equal partner". "Congress is an equal partner in GST ...