- Tag results for Goods and Services Tax
The commissioner named Sansar Chand is accused of taking bribes from businessmen on a monthly and quarterly basis.
The State has recovered from the initial hiccups of the Goods and Services Tax and collected the highest GST of Rs 1,656.14 crore in January.
On Budget day, the Goods and Services Tax has emerged as the main concern among retailers, who expect a relaxation in the tax slabs across various product categories.
The e-way bill will become mandatory from Thursday, on the day of the presentation of the Union Budget 2018-19 in Parliament.
With the Union Budget scheduled to be presented in a week’s time, the hospitality sector is anticipating reforms that will benefit the industry and the luxury segment.
Next Budget may not be populist, indicates Prime Minister Narendra Modi, rejects unemployment criticism
Modi said that 'lies' were being spread about employment generation and his government's policies were oriented towards creating jobs.
Prime Minister Narendra Modi says he is open to GST changes to plug loopholes, make it more efficient
Modi said no one has actually opposed the GST and everyone theoretically accepts the concept of one-nation-one- tax, which Parliament approved after debating for seven years.
The minister said the spike in petrol rates in the international market has impacted the cost of the fuel in India.
The Indian economy is yet to recover from the shocks of demonetisation and GST, according to India Ratings & Research, a subsidiary of Fitch Ratings.
The Goods and Services Tax Council also rationalised the rates of 49 other items, according to Uttarakhand Finance Minister Prakash Pant.
In addition, the Council is likely to make changes in the Goods and Services Tax Law to facilitate the release of locked input tax credit in tourism and hotel industry.
Include petroleum and natural gas under GST regime at the earliest: Confederation of Indian Industry
The Confederation of Indian Industry (CII) has called for inclusion of petroleum and natural gas under GST at the earliest.
The first Budget Session of the Parliament will be held from January 29 to February 9, while the second session will be held from March 5 to April 6.
Announcing the adjournment, Speaker Sumitra Mahajan said the session, which commenced on December 15, had 13 sittings spread over 61 hours and 48 minutes.
The unify taxation structure that was introduced to eliminate unwanted tax hassles, greatly contributed towards a more formalised and structured way of taxation.