Business Today: Latest Business News, India economy News, Stock Markets, Sensex, Mutual Funds and Indian Tax
Search

Total 200 results found. Search for [ goods service tax ]

Results 1-20 of 200
BusinessToday.in
December 5, 2017
Services sector activity in the country plummeted sharply during November on the back of rising prices driven up by the recently implemented Goods and Service Tax (GST). GST led to weak demand and resulted in lower customer turnout in the services industry, a monthly survey said on Tuesday.
PTI
November 29, 2017
In a stinging rebuttal to Gandhi's repeated criticism of the Goods and Services Tax, a key economic reform of the NDA government, Modi said a recently emerged "economist" was propagating a "grand stupid thought" by suggesting that GST rate be capped at 18 per cent.
BT Online
New Delhi, November 28, 2017
President Donald Trump's daughter and advisor Ivanka Trump is in India for the Global Entrepreneurship Summit, the inaugural session of which will be addressed by Prime Minister Narendra Modi, Telangana Chief Minister K Chandrasekhar Rao and Ivanka.
BT Online
New Delhi, November 27, 2017
The ministry attributed the drop in collections to rates on several commodities being cut and tax administration being based on self-declaration as matching of returns, electronic transit permit system or e-way bill and reverse charging being postponed.
PTI
New Delhi, November 25, 2017
After Mumbai, the countrys next major financial hub will be Kolkata within a few years, West Bengal finance minister Amit Mitra said.
BT Online
November 24, 2017
While reaffirming a stable outlook for India, S&P appreciated Modi government's reforms. Stable outlook reflects growth will remain strong over the next two years, the rating agency said.
BT Online
November 24, 2017
According to GST Helpline India, the most common types of fraud currently are collecting tax on products/services that are GST-free, charging GST over and above the defined rate and fraudsters posing as GST officers.
Dipak Mondal
November 22, 2017
After the overhaul of indirect taxes, the government is now gearing up for the review of direct taxes, which have been in force since 1961. Kicking off the process, the government has set up a seven-member task force to draft a new direct taxes law.
BT Online
New Delhi, November 21, 2017
Analysts say with the increasing pressure from the government, more companies may fall in line soon.
BT Online
November 20, 2017
Earlier this month, the Council brought down taxes on over 200 consumer goods. As many as 178 items of daily use were shifted from the top tax bracket of 28 per cent to 18 per cent, while a uniform 5 per cent tax was prescribed for all restaurants, both air- conditioned and non-AC.
PTI
Bengaluru, November 19, 2017
The revenue collected under the Goods and Services Tax (GST) in October was Rs 95,131 crore and average revenue shortfall of states has come down to 17.6 per cent, Bihar deputy chief minister Sushil Modi said on Saturday.
Anand Adhikari
November 17, 2017
The rating upgrade of India's sovereign rating by Moody's has flared up financial markets. But it's not time yet to cheer. Here's why.
Reuters
November 17, 2017
Moody's Investors Service upgraded its ratings on India's sovereign bonds for the first time in nearly 14 years on Friday, saying continued progress on economic and institutional reform will boost the country's growth potential.
Goutam Das
November 17, 2017
The big burger you eat, every weekend, will not be substantially cheaper after the new GST slab of 5 per cent on eating out at restaurants - it was 18 per cent earlier considering you splurged in an air conditioned restaurant.
BT Online
New Delhi, November 17, 2017
While Finance Ministry has urged states and traders to conform to this norm, National Anti-profiteering Authority (NAA) will be able to ensure this on a more proactive manner.
BT Online
November 15, 2017
The GST Council, in its 23rd meeting in Guwahati, had slashed the tax rate from 18 per cent to just 5 per cent. However, restaurants will not be able to take the benefit of input tax credit.
BT Online
November 14, 2017
Finance Minister Arun Jaitley on Monday ruled out single tax rate of Goods and Service Tax (GST) saying those seeking single rate have no understanding of tariff structure.
Dipak Mondal
November 14, 2017
Here are some of the steps that government may take in future to make GST more effective and hassle-free tax regime.
Mail Today Bureau
November 11, 2017
Finance Minister Arun Jaitley on Friday announced a 10 per cent cut in tax on over 200 goods ranging from chocolates to cosmetics to artificial fur coats and wrist watches, a move that is expected to spur consumer demand and rev up industrial production in a slowing economy.
Mail Today Bureau
November 11, 2017
Arun Jaitley said the restaurants did not pass on the input tax credit benefit to customers and continued to charge the 12 or 18 per cent GST. Therefore, the ITC facility is being withdrawn and a uniform 5 per cent tax is levied on all restaurants without the distinction of AC or non-AC.
PAGES 1 OF 10  12345
 By Stories    By Author  
From (yyyy-mm-dd)