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Goods and Services tax

India 360: Government's coffers are filling during the festive season, GST collection increased

India 360: Government's coffers are filling during the festive season, GST collection increased

Fri, Nov 03, 2023

Cover Story: There is bumper demand all around during the festive season, and the government's coffers are getting filled as GST collection is increasing significantly.

Around 92% of large taxpayers filed annual returns for 2017-18, says GST Network

Around 92% of large taxpayers filed annual returns for 2017-18, says GST Network

Sun, Feb 16, 2020

With Goods and Services Tax launch on July 1, 2017, this is the first time when businesses registered under GST have to file annual return GSTR-9 and reconciliation statement GSTR-9C.

GST Claims: Warning! This is what Modi government is doing to identify fraud input tax credit cases

GST Claims: Warning! This is what Modi government is doing to identify fraud input tax credit cases

Tue, Feb 11, 2020

It's a warning message for those who indulge or imagine making fraudulent claims under Goods & Services Tax (GST)!

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No GST on import of aircraft, its parts on lease

No GST on import of aircraft, its parts on lease

Mon, Jul 10, 2017

The government has exempted the import of aircraft, aircraft engines and its parts procured on lease from the purview of the Goods and Services Tax (GST).

EY launches GST helpdesk for small businesses

EY launches GST helpdesk for small businesses

Sun, Jul 09, 2017

EY GST Helpdesk is driven by a pool of indirect tax professionals powered by over 800 GST practitioners across 14 cities.

This app will help you find your GST rates on various goods and supplies

This app will help you find your GST rates on various goods and supplies

Sat, Jul 08, 2017

To bring in proper understanding of GST rates for Indian, the Finance Ministry has launched a GST Rates Finder app.

Tata Motors slashes passenger vehicles prices by up to Rs 2.17 lakh!

Tata Motors slashes passenger vehicles prices by up to Rs 2.17 lakh!

Wed, Jul 05, 2017

Tata Motors on Wednesday announced that it has slashed the prices of its passenger vehicles up to 12 per cent, following the roll-out of the Goods and Services Tax (GST).

Reflect price revision post GST via stickers till September 30: Govt

Reflect price revision post GST via stickers till September 30: Govt

Wed, Jul 05, 2017

The difference between the retail sale price originally printed on the package and the revised price "shall not, in any case, be higher than the extent of increase in tax" or in the case of imposition of fresh tax on account of the implementation of the GST, it said

Black gold: Tax hike under GST could boost illegal bullion, jewellery sales

Black gold: Tax hike under GST could boost illegal bullion, jewellery sales

Tue, Jul 04, 2017

A hike in taxes on gold sales in India could stoke under-the-counter buying and drive up appetite for precious metal smuggled into the country, where millions of people store big chunks of their wealth in bullion and jewellery.

GST helps ITC enter the 'Rs 4-lakh crore market cap' club

GST helps ITC enter the 'Rs 4-lakh crore market cap' club

Tue, Jul 04, 2017

ITC Ltd is now has the fourth highest market capitalisation in India, at over Rs 4 lakh crore. Shares of the company rose after clarity on excise duty post Goods and Services Tax roll out.

GST structure for airlines: What's in store for economy, business class and lease rentals

GST structure for airlines: What's in store for economy, business class and lease rentals

Tue, Jul 04, 2017

GST tax slabs have turn out to lower in economic class tickets, while higher in business class tickets. However, analysts feels migration to GST would be largely neutral for airline sectors.

Big Bazaar sells Rs 10 crore worth products in two-hour GST Muhurat sale

Big Bazaar sells Rs 10 crore worth products in two-hour GST Muhurat sale

Tue, Jul 04, 2017

Big Bazaar managed to sell Rs 10 crore worth products in a final GST sale that lasted two hours in all of Future Group's outlets.

GST: Is Electronic-way bill a game changer?

GST: Is Electronic-way bill a game changer?

Fri, Jun 30, 2017

The government is all set to launch Goods and Services Tax (GST) at midnight on Friday June 30, 2017. GST is touted to be the biggest reform in India's taxation system which is expected to boost the country's tax collection and growth rate.

GST Rollout: This is what you will pay for movie tickets, airline & railway tickets, footwear, cab rides and mobile phones

GST Rollout: This is what you will pay for movie tickets, airline & railway tickets, footwear, cab rides and mobile phones

Fri, Jun 30, 2017

Lets see how GST impacts your daily expenses. Purely from a taxation perspective, GST is likely to be neutral.

India of 2017 different from India of 1962: Jaitley

India of 2017 different from India of 1962: Jaitley

Fri, Jun 30, 2017

The India of 2017 is different from the India of 1962, Defence Minister Arun Jaitley said on Friday, a day after China asked New Delhi to learn from its 1962 military debacle.

Here are 22 most asked questions about GST answered

Here are 22 most asked questions about GST answered

Fri, Jun 30, 2017

Despite the launch of the GST rates some time back there are several questions in people's minds about GST and the specifically about the rates.

GST: The transition issues and what it means for India

GST: The transition issues and what it means for India

Fri, Jun 30, 2017

However, GST, as accepted by the Government, is going to see some hiccups in the beginning as is the case with any disruption. Past few weeks has seen companies destocking their products at a rate faster than expected. Industry experts believe that normalisation may return to the Indian economy only by the third quarter (Q3FY18) of the current fiscal, i.e. September to December 2017 period.

Fast forward; GST set to transform face of Indian logistics industry

Fast forward; GST set to transform face of Indian logistics industry

Fri, Jun 30, 2017

India`s greatest tax reform - replacing an array of provincial duties with a nationwide goods and services tax - is transforming the logistics industry in a country where moving stuff around is notoriously difficult to do, executives say.

GST rollout to boost India's economy: Ficci

GST rollout to boost India's economy: Ficci

Thu, Jun 29, 2017

GST will ease the burden of taxpayers in understanding and complying with tax laws and help in reducing the generation of black money, Ficci said.

GST will be India's 'economic freedom': Anil Ambani

GST will be India's 'economic freedom': Anil Ambani

Thu, Jun 29, 2017

Industrialist Anil Ambani today termed the Goods and Services Tax (GST), being rolled out from July 1, as India's "economic freedom" and said it would make the country the biggest free and democratic market in the history of humankind.

Sooner or later states will have to bring petroleum under GST, says Arun Jaitley

Sooner or later states will have to bring petroleum under GST, says Arun Jaitley

Wed, Jun 28, 2017

KEY HIGHLIGHTS:

Job market expected to grow 10-13 per cent after GST

Job market expected to grow 10-13 per cent after GST

Mon, Jun 26, 2017

The job market is looking forward to a big boost from the new GST regime. Watch this special segment on GST. About Zee Business --------------------------

7th Pay Commission: Cabinet to approve HRA allowance next week?

7th Pay Commission: Cabinet to approve HRA allowance next week?

Fri, Jun 23, 2017

The issue of these arrears and allowances have been pending for over a year now as it was June 2016 when Finance Minister Arun Jaitley had ordered setting up of Committee on Allowances under leadership of Finance Secretary Ashok Lavasa.

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