GST rates in India

GST leads to formalisation of economy, widening of tax base: Finance Ministry

GST leads to formalisation of economy, widening of tax base: Finance Ministry

New Delhi: The Finance Ministry today said it would be increasingly difficult for businesses to remain outside the tax net as GST is lead...Read More

GST Council meet: Council defers decision on sugar cess, refers digital payments incentive issue to GoM

GST Council meet: Council defers decision on sugar cess, refers digital payments incentive issue to GoM

New Delhi: The all-powerful GST Council today deferred a decision on levying a cess on sugar and referred the issue of incentivising digi...Read More

India’s GST among most complex globally, says World Bank

India’s GST among most complex globally, says World Bank

New Delhi: The Indian Goods and Services Tax (GST) system is among the most complex in the world with not only one of the highest tax rat...Read More

Single GST rate can’t work at the moment, says Arun Jaitley at AIIB

Single GST rate can’t work at the moment, says Arun Jaitley at AIIB

New Delhi: Union Finance Minister Arun Jaitley on Tuesday lauded the Asian Infrastructure Investment Bank (AIIB), which is investing in v...Read More

GST Council meeting: Only 50 items of mass consumption now in 28% bracket

GST Council meeting: Only 50 items of mass consumption now in 28% bracket

Guwahati: The GST Council today decided to reduce tax rate on a wide range of mass use items – from chewing gums to detergents — to 18 pe...Read More

“I am yet to understand GST,” says Madhya Pradesh Food Minister Om Prakash Dhurve

“I am yet to understand GST,” says Madhya Pradesh Food Minister Om Prakash Dhurve

Umaria: In a shocking incident, a Bharatiya Janata Party (BJP) Minister from Madhya Pradesh said that he has not been able to understand ...Read More

23rd GST Council Meet underway, rate cuts on A/C restaurants likely to be discussed

23rd GST Council Meet underway, rate cuts on A/C restaurants likely to be discussed

Guwahati: The 23rd meeting of the Goods and Services Tax (GST) is now underway and is being chaired by Union Finance minister Arun Jaitley.

World Bank says GST as a tectonic shift, takes India closer to 8% plus growth

World Bank says GST as a tectonic shift, takes India closer to 8% plus growth

New Delhi: World Bank India chief Junaid Ahmad today described GST as a “tectonic shift” in the country’s taxation policy which has incre...Read More

Economic Survey: Achieving high end of 6.75-7.5% growth difficult

Economic Survey: Achieving high end of 6.75-7.5% growth difficult

New Delhi: Achieving the high end of the 6.75-7.5 percent growth projected previously will be difficult due to appreciation of rupee, far...Read More

Multiplicity of GST rates is a challenge: Ex-RBI official

Multiplicity of GST rates is a challenge: Ex-RBI official

New Delhi: Former RBI Deputy Governor Rakesh Mohan on Wednesday said the GST rollout was a colossal task achieved after over a decade but...Read More

28% GST detrimental to tourism industry: Oberoi

28% GST detrimental to tourism industry: Oberoi

Kolkata: Hospitality major EIH Ltd, which runs hotels under ‘Oberoi’ and ‘Trident’ brands, on Wednesday said the new 28 per cent Goods an...Read More

NDA govt’s decision to implement GST taken in haste, says Rahul Gandhi in Rajasthan

NDA govt’s decision to implement GST taken in haste, says Rahul Gandhi in Rajasthan

Banswara(Raj): Congress vice-president Rahul Gandhi today hit out at the NDA government alleging that it was not willing to discuss farme...Read More

Rajasthan demands GST rate cut on Mehandi/Henna

Rajasthan demands GST rate cut on Mehandi/Henna

New Delhi: Rajasthan government today demanded lowering of GST rate on Mehandi/Henna saying they are major agro-products exported from th...Read More

GST launch: Arun Jaitley urges Opposition parties to reconsider boycott

GST launch: Arun Jaitley urges Opposition parties to reconsider boycott

New Delhi: On the eve of the Goods and Services Tax (GST) roll out, when many political parties are announcing they will stay away from t...Read More

Congress to skip midnight GST rollout programme

Congress to skip midnight GST rollout programme

New Delhi: The Congress Party will not be attending the midnight session of Goods and Services Tax (GST) roll out tomorrow.

West Bengal CM Mamata Banerjee raises concern over GST roll-out from July 1

West Bengal CM Mamata Banerjee raises concern over GST roll-out from July 1

Kolkata: Raising concern over the launch of the Goods and Services Tax (GST) regime from July 1, West Bengal Chief Minister Mamata Banerj...Read More

GST to be launched on June 30 midnight in Parliament, says FM Arun Jaitley

GST to be launched on June 30 midnight in Parliament, says FM Arun Jaitley

New Delhi: Reminiscent of India’s tryst with destiny at the midnight of August 15, 1947, Parliament’s historic Central Hall will host a f...Read More

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