GST

GST

  • Latest

    Key GST meeting underway: 5 things to expect

    The GST Council, headed by Finance Minister Arun Jaitley on Thursday is meeting for another set of deliberations on the new tax regime. The GST Council, in its meeting ahead of Budget 2018, will also consider a reduction in GST rates for goods and services in view of the representations received from various interest groups. This would be the 25th meeting of the Council. Chaired by Union finance...

    • 3 hrs ago
  • Top Stories

    HUL Offers To Set Aside Rs 119 Crore For Consumer Safeguard Fund

    Hindustan Unilever Ltd. had already offered to set aside Rs 119 crore towards the consumer safeguard fund, the FMCG major said after it received a notice from the anti-profiteering body for not passing on the benefits of lower GST rates to the consumer. The maker of Wheel detergent said it has proactively disclosed an estimated value of Rs 119 crore to the Central Board of Excise...

    • 21 hrs ago
  • Business

    Law Amendments, Rate Revisions To Top GST Council Meet Agenda

    In its last meeting ahead of the Union Budget 2018-19, the Goods and Services Tax Council will meet to discuss a slew of changes in the GST Law along with some tweaks in the tax rates. The apex decision making body of the new indirect tax regime may also take up changes to simplify the composition scheme further and finalise filing of a single return under the new indirect tax regime...

    • 23 hrs ago
  • Top Stories

    Ten States Join E-Way Bill Platform As GSTN Starts Trial Run

    As many as six more states, including Gujarat, Haryana and Bihar, today joined the government's centralised e-way bill system for inter-state road transportation of goods in the GST regime, taking the total to ten. Under the Goods and Services Tax rolled out from July last year, inter-state movement of goods beyond 10 km, with a value of Rs 50,000 and above, will mandatorily...

    • 2 days ago
  • Top Stories

    HUL Receives Notice From Anti-Profiteering Body

    The country's largest consumer goods manufacturer, Hindustan Unilever Ltd. received a notice today from the government's anti-profiteering body, Directorate General of Safeguards. HUL is in the process of ascertaining full details of this notice and will "respond to the same stating our position", the company told BloombergQuint in an emailed statement. The GST anti-profiteering...

    • 2 days ago
  • Latest

    Government to discuss bringing real estate under GST on Jan 18

    The issue of bringing real estate under the GST's ambit will be discussed in the next meeting of the GST Council to be held on January 18. The meeting holds special significance as it is the last time the council will meet ahead of the Union Budget, to be presented on February 1. 'Discussion of real estate inclusion in GST is the key agenda of the GST Council which is...

    • 2 days ago
  • Top Stories

    GST Panel Likely To Discuss Capital Market Issues In Meeting Today

    The Goods and Services Tax Officers Committee, comprising of central and state government officials, is likely to discuss removal of transactions made in securities from the category of 'exempt supplies' or 'turnover' in its meeting today. Currently, income from securities is considered as an exempt turnover, since securities are classified neither as goods...

    • 7 days ago
  • Latest

    GST effect: Women write their 'Mann ki Baat' on sanitary napkins

    A group of social workers in Madhya Pradesh's Gwalior have started a campaign encouraging women to write down their views on menstrual hygiene on sanitary napkins to mark their protest against it being placed under 12 per cent Goods and Services Tax (GST). A campaign led by Preeti Joshi and Hari Mohan aims to get GST free sanitary napkins, reported ANI. Preeti Joshi says,...

    • a week ago
  • Latest

    'India's economy to grow at 7.3 per cent in 2018', World Bank gives a thumbs up to Modi govt

    New Delhi, Jan 10: Since November 8, 2016, after the controversial demonetisation was announced by Prime Minister Narendra Modi, the ruling Bharatiya Janata Party (BJP) government has come under severe scrutiny for failing to uplift the country's economy because of its 'hasty decisions'. Then Goods and Services Tax (GST) came into effect...

    • a week ago

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