Free Press Journal
  • GST decisions means Diwali has come early for us: PM Modi

    Dwarka (Gujarat): Prime Minister Narendra Modi on Saturday asserted that Diwali the ‘festival of lights’ has come early for citizens due to the latest decisions taken by the Goods and Service Tax (GST) Council.

  • Post-GST, tax collection in Goa drops 22%

    Panaji, The implementation of the Goods and Services Tax (GST) has led to reduction in collection of taxes by 22 per cent in Goa so far as compared to the revenue collection during the corresponding period last year, a senior official said. State Commercial Taxes Department, which keeps a record of tax collection, said the drop is not expected to continue in the future. The state government expects the GST to stabilise

  • PM Narendra Modi gave ‘Diwali’ bonanza to people: BJP on GST Council meet

    New Delhi: The Bharatiya Janata Party (BJP) on Saturday hailed the Good and Service Tax (GST) council meet stating that the Centre has given a big ‘Diwali’ bonanza to the common people. The GST Council, in its 22nd meeting, held in New Delhi on Friday at the Vigyan Bhawan, was chaired by Union Finance Minister Arun Jaitley to discussed the impact of the GST on trade and exporters.

  • PM Narendra Modi, Arun Jaitley put common people into trouble: Congress on GST council meet

    New Delhi: The Congress on Saturday, while speaking on the Goods and Service Tax (GST) council meet, asserted that the Central Government always rejected Congress’ appeal to revise the tax reforms. The GST Council 22nd meeting was held in New Delhi on Friday at the Vigyan Bhawan and was chaired by Union Finance Minister Arun Jaitley to discuss the impact of the GST on trade and exporters.

  • GST council meet: Here is what got cheaper and other announcements

    A flawed Goods and Services Tax was drastically overhauled on Friday in just three months of its implementation since July 1, to bring it in line with Prime Minister Modi’s goal of “ease of business.” This may, in turn, help the economy claw out of a 3-year long growth slump.

  • GST council meet: Eating out to be cheaper

    Mumbai: Finance Minister Arun Jaitley on Friday announced that the Goods and Service Tax has been brought down on as many as 27 items. Eating out is set to become cheaper, though not immediately. The council agreed in principle to reduce the GST on air-conditioned restaurants from 18 to 12 per cent, and has appointed a group of ministers to decide about it within two weeks. The tax rate has not been

  • SURPRISE: Rahul wants petrol, diesel under GST

    New Delhi : As the Goods and Services Tax (GST) Council went into a huddle in New Delhi on Friday to reduce the tax pangs, Congress Vice-President Rahul Gandhi sprang a surprise demanding that first step should be to bring petrol and diesel under GST “to prevent excessive profiteering from common man as GoI (Government of India) alone earns Rs 273,000 cr.”

  • Lack of jobs will be major issue in next LS polls: Yashwant Sinha

    New Delhi : Dissident BJP leader Yashwant Sinha remains unfazed by all the criticism he has faced for his strong critique of the economy and asserts that lack of jobs will be a major issue in the next Lok Sabha elections.

  • GST council meet: Arun Jaitley announced changes in GST tax regime, check the details

    New Delhi: A flawed Goods and Services Tax was drastically overhauled on Friday in just three months of its implementation since July 1, to bring it in line with Prime Minister Modi’s goal of “ease of business.” This may, in turn, help the economy claw out of a 3-year long growth slump.

  • GST: Relief for SMEs, threshold for composition scheme raised

    New Delhi: In a relief to small and medium enterprises, the GST Council today raised the turnover threshold to Rs 1 crore for businesses to avail of the composition scheme that allows them to pay 1-5 per cent tax without going through tedious formalities.

  • Is Narendra Modi losing the perception battle about the Indian economy?

    India, which is the world’s largest democracy got independence in 1947 and since we have seen India go from strength to strength. Currently, India is touted as the global player in south Asia after China. India has seen tremendous economic growth and since 1991 when the government headed by PV Narasimha Rao liberalised Indian economy and since then Indian republic has been there and thereabouts when it comes to growth and development.

  • All eyes on Goods and Services Tax Council (GST) meeting today: What to expect

    New Delhi: Businesses across the country are keeping a hopeful eye on what is in store on Friday for them in the Goods and Services Tax Council meeting. As chairman of the council, Finance Minister Arun Jaitley will push for relaxing the GST return filing timeline from one month to quarterly for small and medium businesses with annual turnover of less than Rs 1.5 crore, defer the reverse charge mechanism and reopen registration

  • Congress slams PM Narendra Modi for declining economy

    Mumbai: Coming down heavily on Prime Minister Narendra Modi’s promise to reverse the economic decline in the country, Congress leaders on Thursday slammed Prime Minister Modi for the faltering Indian economy. Talking to ANI on the same, Congress leader Renuka Choudhary said that bringing up the previous government has become a mantra for the Prime Minister.

  • Bhopal: Khadi fails to attract customers, sales down by 40%

    Bhopal: Even as Khadi has been exempted from GST, its sale has fallen by almost 40% since the implementation of the new tax regime. Khadi products, including readymade dresses and fabric have failed to attract customers as even on Gandhi Jayanti this year, its sales failed to pick up. Despite heavy discount, the sale of Khadi products remained sluggish as against the sales witnessed last year on the occasion.

  • BJP govt implementing Cong schemes recklessly, says Rahul

    Amethi : Congress Vice President Rahul Gandhi on Wednesday came down heavily on the BJP government at the Centre for “reckless implementation” of UPA programmes like the Goods and Services Tax (GST) and causing hardships to the common man.