One Year Of Gst
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Opinion: GST, Historical Tax Reform, At 5 Years, Has Lost Its Way
Five years ago, India's federal and state governments struck a historic deal. From July 1, 2017, a uniform tax on goods and services - marketed by Prime Minister Narendra Modi as "One Nation, One Tax, One Market" - replaced a bewildering array of loc
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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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Centre Informally Proposed GST Rate Rejig Once A Year: Finance Minister
"In GST, when you have come to certain level or grade, periodically changing it leads to inversion problems, refund issues and so on. So, therefore, when one item's rate of taxation is brought down, a lot of other ripple effects are created, and with that, either the refund gets affected, or businesses rightly feel they cannot plan how much they ha...
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GST Shift "Smoothest, Politically Safe": Arun Jaitley's Review 2 Years On
Former Union Minister Arun Jaitley today said the Goods and Services Tax -- the flagship reform of the Modi 1.0 government which completes two years today -- has been both consumer and assessee friendly. The transformation has proved "one of the smoothest". That it was "politically safe" was proved by the BJP's performance in Gujarat, particularly ...
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The GST Effect: Hundreds Of Thousands Laid Off Despite Growth
Government launched GST just over a year ago, aiming to replace more than a dozen central and state levies and unify the sprawling economy.
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Only 35 Goods, Including Air Conditioners, Remain In Highest GST Bracket
The GST Council has pruned the 28 per cent slab by cutting tax rates on 191 goods over the last one year, leaving just 35 items, including ACs digital cameras, video recorders, dishwashing machine and automobiles, in the highest tax bracket.
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GST Council Meet: Now, Only 35 Goods In 28% Bracket
The GST Council has pruned the 28 per cent slab by cutting tax rates on 191 goods over the last one year, leaving just 35 items.
-
GST Implementation Not Disruptive, Best Yet To Come, Says Arun Jaitley
Emphasizing that India has been able to implement the major indirect tax reform GST in the least disruptive manner, Union Finance Minister Arun Jaitley said the best of the new regime in terms of contribution to the society was yet to come.
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Arun Jaitley Calls Single Slab GST A 'Flawed Idea'
GST's first year anniversary: Arun Jaitley ruled out the idea of single tax slab for Goods and Services Tax
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18 Per Cent More Direct Taxes Collected After GST, Says Arun Jaitley
Union minister Arun Jaitley said today there was an increase of 18 per cent in direct taxes last year due to the Goods and Services Tax or GST and demonetisation. In the last four years of NDA government, there has been an increase of 1.5 per cent in overall taxes, the minister said.
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One Year Of GST: When Over 200 Items Became Affordable
One year of GST: Only luxury items remained in the highest tax slab of 28 percent after the 23rd meeting of GST Council held in November last year in Guwahati, Assam
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GST Day Live Updates: Centre Celebrates One-Year Of Tax-Reform
On the completion of one year of the rolling out of the GST plan, the government is to celebrate GST Day today at the Ambedkar International Centre to mark the first anniversary of the launch of the new indirect taxation regime. Terming GST as a "fitting tribute to spirit of cooperative federalism", the Finance Ministry said the first year has been...
-
"Grossly Scary Tax", Says Congress On GST's First Anniversary
As the Goods and Services Tax (GST) roll-out completes one year on July 1, the Congress on Saturday described it as a "Grossly Scary Tax" and said the promise of a "single tax GST" still remains a pipe dream.
-
July 1 To Be Celebrated As GST Day
The first year of GST has been an example to the world of the readiness of the Indian taxpayer to be a partner in this unprecedented reform of Indian taxation, the Ministry of Finance said.
-
GST Turns 1: Recap Of Major Milestones In The Indirect Tax Regime So Far
From the movement of items from one slab to another to the launch of platforms and helplines to ease migration to the new system to the introduction of the E-Way bill, the journey continues.
-
Opinion: GST, Historical Tax Reform, At 5 Years, Has Lost Its Way
Five years ago, India's federal and state governments struck a historic deal. From July 1, 2017, a uniform tax on goods and services - marketed by Prime Minister Narendra Modi as "One Nation, One Tax, One Market" - replaced a bewildering array of loc
-
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".
-
Centre Informally Proposed GST Rate Rejig Once A Year: Finance Minister
"In GST, when you have come to certain level or grade, periodically changing it leads to inversion problems, refund issues and so on. So, therefore, when one item's rate of taxation is brought down, a lot of other ripple effects are created, and with that, either the refund gets affected, or businesses rightly feel they cannot plan how much they ha...
-
GST Shift "Smoothest, Politically Safe": Arun Jaitley's Review 2 Years On
Former Union Minister Arun Jaitley today said the Goods and Services Tax -- the flagship reform of the Modi 1.0 government which completes two years today -- has been both consumer and assessee friendly. The transformation has proved "one of the smoothest". That it was "politically safe" was proved by the BJP's performance in Gujarat, particularly ...
-
The GST Effect: Hundreds Of Thousands Laid Off Despite Growth
Government launched GST just over a year ago, aiming to replace more than a dozen central and state levies and unify the sprawling economy.
-
Only 35 Goods, Including Air Conditioners, Remain In Highest GST Bracket
The GST Council has pruned the 28 per cent slab by cutting tax rates on 191 goods over the last one year, leaving just 35 items, including ACs digital cameras, video recorders, dishwashing machine and automobiles, in the highest tax bracket.
-
GST Council Meet: Now, Only 35 Goods In 28% Bracket
The GST Council has pruned the 28 per cent slab by cutting tax rates on 191 goods over the last one year, leaving just 35 items.
-
GST Implementation Not Disruptive, Best Yet To Come, Says Arun Jaitley
Emphasizing that India has been able to implement the major indirect tax reform GST in the least disruptive manner, Union Finance Minister Arun Jaitley said the best of the new regime in terms of contribution to the society was yet to come.
-
Arun Jaitley Calls Single Slab GST A 'Flawed Idea'
GST's first year anniversary: Arun Jaitley ruled out the idea of single tax slab for Goods and Services Tax
-
18 Per Cent More Direct Taxes Collected After GST, Says Arun Jaitley
Union minister Arun Jaitley said today there was an increase of 18 per cent in direct taxes last year due to the Goods and Services Tax or GST and demonetisation. In the last four years of NDA government, there has been an increase of 1.5 per cent in overall taxes, the minister said.
-
One Year Of GST: When Over 200 Items Became Affordable
One year of GST: Only luxury items remained in the highest tax slab of 28 percent after the 23rd meeting of GST Council held in November last year in Guwahati, Assam
-
GST Day Live Updates: Centre Celebrates One-Year Of Tax-Reform
On the completion of one year of the rolling out of the GST plan, the government is to celebrate GST Day today at the Ambedkar International Centre to mark the first anniversary of the launch of the new indirect taxation regime. Terming GST as a "fitting tribute to spirit of cooperative federalism", the Finance Ministry said the first year has been...
-
"Grossly Scary Tax", Says Congress On GST's First Anniversary
As the Goods and Services Tax (GST) roll-out completes one year on July 1, the Congress on Saturday described it as a "Grossly Scary Tax" and said the promise of a "single tax GST" still remains a pipe dream.
-
July 1 To Be Celebrated As GST Day
The first year of GST has been an example to the world of the readiness of the Indian taxpayer to be a partner in this unprecedented reform of Indian taxation, the Ministry of Finance said.
-
GST Turns 1: Recap Of Major Milestones In The Indirect Tax Regime So Far
From the movement of items from one slab to another to the launch of platforms and helplines to ease migration to the new system to the introduction of the E-Way bill, the journey continues.
