• Tag results for Goods and Services Tax

Centre, states apportion Rs 33,000 crore IGST in November

When some substantial amount accrues to IGST pool, it is apportioned between the centre and states so that it does not lie idle with the Centre

published on : 30th November 2018

Demonetisation, GST cost economy Rs 4.75 lakh crore

Speaking about demonetisation of high-value currency notes on November 8, 2016, Mitra said it has hit farmers and unorganised sector of the economy badly since their business mode was cash dependent.

published on : 23rd November 2018

Businessman ends life by jumping into river Krishna, family blames GST officials

Alleged harassment by officials of Goods and Services Tax (GST) department to pay a penalty of Rs 50 lakh led to the suicide of a 50-year-old businessman.

published on : 17th October 2018

Government spent Rs 132.38 crore on GST advertisements

As per the Bureau of Outreach and Communication under the ministry, the "expenditure on GST advertisements through this bureau" on print media stood at Rs 1,26,93,97,121.

published on : 3rd September 2018

Spl squads to check e-way bill compliance formed

Finance Minister T M Thomas Isaac said the squads will help the department in ensuring e-way bill compliance by transporters.

published on : 4th August 2018

GST to have three tax slabs by November 2018

Currently, the GST council has four tax slabs of 5 per cent, 12 per cent, 18 per cent and 28 per cent under Goods and Services Tax.

published on : 30th July 2018

SEZ rules may be aligned with GST laws by July-end: Official

The commerce ministry has created a group of eminent persons to develop a road-map for future of SEZs to have a very fresh look at it and come up with ideas.

published on : 25th July 2018

India's growth story intact despite challenges: Ficci

It termed the slowing down of the industrial output in May to 3.2% and the inching up of the retail inflation in June to 5% as short-term challenges.

published on : 19th July 2018

Gram Seva Sangh renews protest against GST

Using a ‘peaceful’ approach, a cultural evening is being organised to protest against GST and the imposition of tax on handmade goods.  

published on : 18th July 2018

Next GST council meet: Structural changes, simplified procedures in agenda

New System for filing returns, rationalisation of tax slabs and legal changes of the structure will top the agenda of the GST council meeting  but will skip bringing natural gas under ambit of GST.

published on : 13th July 2018

GST, NPA norms implementation worsens condition of SMEs in Tamil Nadu

Of the 12 lakh small and medium enterprises in Tamil Nadu, records reveal that nearly 50,000 shut down last year.

published on : 11th July 2018

Aviation Secretary meets his Revenue counterpart to bring aviation turbine fuel under GST

A civil aviation ministry official said that the ministry is of the view that ATF should be brought under GST and for this the ministry has earlier also written to the ministry of finance.

published on : 10th July 2018

Government defer the decision to incentivize digital payment by one year

The government's decision to incentivize digital payments under GST will be deferred by one year as it will have revenue implication for the government.

published on : 8th July 2018

Managing Director of automobile company arrested for evading GST of Rs 15 crore

According to a statement by Ministry of Finance, the tax evasion was discovered based on specific intelligence gathered by the Preventive Unit of the Central Taxes department.

published on : 8th July 2018

PM Narendra Modi congratulates India on GST anniversary

The PM also shared a poster on "One Year of GST" which listed down the achievements of the One Nation, One Tax.

published on : 1st July 2018
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