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BusinessToday.in
New Delhi, January 19, 2018
Private sector lender HDFC Bank became the first Indian bank to cross the Rs 5-lakh crore market capitalisation
BusinessToday.in
January 19, 2018
Markets rose for the third consecutive day after investors cheered reduction of tax rates on 29 goods and 53 services by GST council.
BusinessToday.in
New Delhi, January 19, 2018
The restaurant business body National Restaurant Association of India (NRAI) has sought the restaurants should be given the Input Tax Credit (ITC) benefit, which was taken away from them after the November GST Council meeting.
Karan Dhar
January 19, 2018
The whole exercise kicks off with a customary ritual where halwa, an Indian dessert, is distributed among the Finance Ministry staff.
Mail Today Bureau
January 19, 2018
The GST Council headed by Finance Minister Arun Jaitley on Thursday cut the tax rate on 29 goods including second-hand cars, confectionary, bottled water and mehendi and 54 categories of services such as education, insurance, entertainment and tourism which will now turn cheaper.
BusinessToday.in
New Delhi, January 18, 2018
The fitment committee recommendations on new rates for 29 goods and 53 services were accepted by the Council. New rates on these will come into force from January 25, Finance Minister Arun Jaitley said.
BusinessToday.in
January 18, 2018
Till a definite remedy to GST return filing woes is found, the sellers and suppliers may continue to file their GSTR-3B and load their invoices. The details of supply can be provided after that.
BusinessToday.in
New Delhi, January 18, 2018
As the GST Council met on Thursday to discuss single form for tax filing, inclusion of petroleum products and real estate in the GST, the council brought down tax rate on 29 items and 54 categories of services, but the agenda on petrol was deferred for the next GST Council meeting.
BusinessToday.in
January 19, 2018
The 25th GST Council meet ended in New Delhi's Vigyan Bhavan on Thursday. The Council has cut tax rate on several goods and services.Speaking to media post the GST meet, Finance Minister Arun Jaitley said Nandan Nilekani, as part of Infosys, the service provider of GST, closely interacted with the two committees.
BusinessToday.in
January 18, 2018
A day-long 25th GST Council meet has begun in the National Capital. The Council is expected to decide on various key issues such as single form for tax filing, inclusion of petroleum and real estate under the GST net.
PTI
January 18, 2018
GST evasion by dealers by suppressing turnover has caused a revenue slump under the composition scheme in the last two months, Bihar deputy chief minister and GST network panel head Sushil Kumar Modi said in Bengaluru on Wednesday.
Karan Dhar
January 17, 2018
India's online used vehicle market has caught the attention of digitally savvy consumers. Business Today's Karan Dhar caught up with Sandeep Aggarwal, Founder and CEO, Droom to understand emerging trends in the sector.
BusinessToday.in
New Delhi, January 17, 2018
Apart from this, the Council is also expected to rationalise taxes of agriculture implements and unconventional fuel buses. The report suggests that the agriculture implements that are currently taxed up to 18 per cent may come under 12 or 5 per cent bracket.
PTI
January 16, 2018
This is the sixth notice under the anti-profiteering rule issued by the DGS, the investigative arm of the finance ministry, to entities for not reducing prices post Goods and Services Tax implementation from July 1.
Rajeev Dubey & Joe C Mathew
January 16, 2018
E-way bill is a system generated bill which every transporters, exceptions in some cases, will have to carry to move the goods from one place to another.
PTI
New Delhi, December 31, 2017
The GST provision requiring transporters to carry an electronic waybill or e-way bill when moving goods between states will be implemented from February 1 to check rampant tax evasion and boost revenues by up to 20 per cent.
PTI
New Delhi, December 29, 2017
The government has extended by 10 days the last date for filing of final sales return GSTR-1 till January 10 under the Goods and Services Tax.
BusinessToday.in
New Delhi, December 27, 2017
The revenue collected under GST during October for September was Rs 95,131 crore, while the corresponding figure for August was of Rs 93,141 crore.
PTI
New Delhi, December 23, 2017
When rates of about 200 items were cut in mid-November, the ministry permitted to paste additional stickers under the the Legal Metrology (Packaged Commodities) Rules, 2011.
Joe C Mathew
New Delhi, December 21, 2017
"It's been just five months since it has started functioning. Today we have over 90 lakh dealers coming online to provide the data and file their returns through the GSTN system," says GSTN Chairman Ajay Bhushan Pandeyin an exclusive interview with the Business Today.
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