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Budget Should Focus On Job Creation To Boost Demand, Growth: Industry Bodies To Finance Minister
The Budget should focus on measures to accelerate job creation and broaden the tax base by rationalising GST and personal income tax slabs to boost consumption, industry bodies said in their pre-Budget meeting with Finance Minister Nirmala Sitharaman today.
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Government Mulling Special GST Slab for Cryptocurrencies, Working on Indirect Tax Regime For Crypto Assets: Report
The finance ministry has begun looking into the characteristics of cryptos, their usage and legal framework before the GST Council draws up a comprehensive indirect tax regime for crypto assets.
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GST Had Serious Birth Defects, Worsened Over Last 5 Years: P Chidambaram
The Congress on Friday demanded that the current Goods and Services Tax (GST) law should be scrapped and a new one with a single low slab be brought in its place, claiming the existing law has "serious birth defects".
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GST Rates, Compensation, Top Takeaways From Council Meeting: 10 Points
The Goods and Services Tax (GST) Council meeting ended its two-day deliberations today, where a host of issues like rate rationalisation, levying 28 per cent tax on online gaming and horse racing and the vexed issue of continuing GST compensation to states, were discussed.
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Key Deliberations At GST Council Meet In 10 Points
The GST Council on Tuesday approved changes in tax rates on some goods and services while allowing states to issue an e-way bill for intra-state movement of gold and precious stones, officials said. It was the first day of the two-day meeting of the GST Council which is headed by Finance Minister Nirmala Sitharaman, and is going on in Chandigarh.
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GST Council Meet In Srinagar On June 28-29
The GST Council, which consists of states finance ministers, is also expected to discuss certain simplifications in procedures
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High Inflation May Defer GST Rate Change: Report
The goods and services tax (GST) rate rationalisation is likely to be delayed due to elevated inflation
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GST Council Proposes An End To 5% Rate And Move It To 3% And 8% Tax Slab: Report
With most states on board to raise revenue so that they do not have to depend on Centre for compensation, the GST Council at its meeting next month is likely to consider a proposal to do away with the 5 per cent slab by moving some goods of mass consumption to 3 per cent and the remaining to 8 per cent categories, sources said.
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GST Council May Consider Raising Lowest Slab To 8%, Rationalise Structure
GST council may look at raising the lowest tax slab to 8 per cent, from 5 per cent and prune the exemption list in the regime
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Electronics Body Seeks GST Reduction on Mobile Phones, Duty Cut On Parts
ICEA has sought a roll-back of GST to 12 per cent from the current slab of 18 per cent on mobile phones
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GST Council To Meet On December 31 To Discuss Rate Rationalisation
GST council led by finance minister Nirmala Sitharaman will meet on December 31, a day after she holds talks with her states counterparts on budget
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Government Forms Two Panels To Rationalise GST Slabs, Cut Evasion
Finance Ministry has set up two panels which will look into issues like rationalisation of GST slabs and easing compliance for tax payers.
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More Investment In R&D, Health Insurance Must Be Slotted In 5% GST Tax Slab
Budget 2021: Experts believe that for the long-term, the government must increase the investment for R&D, equipment, and medical infrastructure, to develop a stronger healthcare system
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Goods And Service Tax Regime Completes 3 Years
GST was unveiled on July 1, 2017 at a glittering ceremony held in the Central Hall of Parliament on the midnight of June 30, 2017.
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#HandsOffPorotta Trends As Debate On Roti vs Parotta GST Slabs Heats Up
The government's move to put parotta on a higher bracket than roti under the goods and services tax or GST has angered people on social media, who pointed out that both are similarly prepared flat breads and a staple of most Indian meals.
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Budget Should Focus On Job Creation To Boost Demand, Growth: Industry Bodies To Finance Minister
The Budget should focus on measures to accelerate job creation and broaden the tax base by rationalising GST and personal income tax slabs to boost consumption, industry bodies said in their pre-Budget meeting with Finance Minister Nirmala Sitharaman today.
-
Government Mulling Special GST Slab for Cryptocurrencies, Working on Indirect Tax Regime For Crypto Assets: Report
The finance ministry has begun looking into the characteristics of cryptos, their usage and legal framework before the GST Council draws up a comprehensive indirect tax regime for crypto assets.
-
GST Had Serious Birth Defects, Worsened Over Last 5 Years: P Chidambaram
The Congress on Friday demanded that the current Goods and Services Tax (GST) law should be scrapped and a new one with a single low slab be brought in its place, claiming the existing law has "serious birth defects".
-
GST Rates, Compensation, Top Takeaways From Council Meeting: 10 Points
The Goods and Services Tax (GST) Council meeting ended its two-day deliberations today, where a host of issues like rate rationalisation, levying 28 per cent tax on online gaming and horse racing and the vexed issue of continuing GST compensation to states, were discussed.
-
Key Deliberations At GST Council Meet In 10 Points
The GST Council on Tuesday approved changes in tax rates on some goods and services while allowing states to issue an e-way bill for intra-state movement of gold and precious stones, officials said. It was the first day of the two-day meeting of the GST Council which is headed by Finance Minister Nirmala Sitharaman, and is going on in Chandigarh.
-
GST Council Meet In Srinagar On June 28-29
The GST Council, which consists of states finance ministers, is also expected to discuss certain simplifications in procedures
-
High Inflation May Defer GST Rate Change: Report
The goods and services tax (GST) rate rationalisation is likely to be delayed due to elevated inflation
-
GST Council Proposes An End To 5% Rate And Move It To 3% And 8% Tax Slab: Report
With most states on board to raise revenue so that they do not have to depend on Centre for compensation, the GST Council at its meeting next month is likely to consider a proposal to do away with the 5 per cent slab by moving some goods of mass consumption to 3 per cent and the remaining to 8 per cent categories, sources said.
-
GST Council May Consider Raising Lowest Slab To 8%, Rationalise Structure
GST council may look at raising the lowest tax slab to 8 per cent, from 5 per cent and prune the exemption list in the regime
-
Electronics Body Seeks GST Reduction on Mobile Phones, Duty Cut On Parts
ICEA has sought a roll-back of GST to 12 per cent from the current slab of 18 per cent on mobile phones
-
GST Council To Meet On December 31 To Discuss Rate Rationalisation
GST council led by finance minister Nirmala Sitharaman will meet on December 31, a day after she holds talks with her states counterparts on budget
-
Government Forms Two Panels To Rationalise GST Slabs, Cut Evasion
Finance Ministry has set up two panels which will look into issues like rationalisation of GST slabs and easing compliance for tax payers.
-
More Investment In R&D, Health Insurance Must Be Slotted In 5% GST Tax Slab
Budget 2021: Experts believe that for the long-term, the government must increase the investment for R&D, equipment, and medical infrastructure, to develop a stronger healthcare system
-
Goods And Service Tax Regime Completes 3 Years
GST was unveiled on July 1, 2017 at a glittering ceremony held in the Central Hall of Parliament on the midnight of June 30, 2017.
-
#HandsOffPorotta Trends As Debate On Roti vs Parotta GST Slabs Heats Up
The government's move to put parotta on a higher bracket than roti under the goods and services tax or GST has angered people on social media, who pointed out that both are similarly prepared flat breads and a staple of most Indian meals.
