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GST Council Page-15

Modi's biggest tax reform GST to transform India's $2 trn economy

Indirect tax now on fast track to becomng a reality from July 1 as Council has finalised all tax rates.

22 May 2017 11:43 AM

GST to cut inflation by 2 per cent, says Hasmukh Adhia

He said the all-powerful GST Council will meet next week to decide on tax rates of contentious items like gold, bidi and biscuits.

22 May 2017 1:10 AM

GST to cut inflation by 2 per cent : Adhia

Revenue minister said that special care has been taken to ensure inflation does not go up.

21 May 2017 12:04 PM

Exporters to get tax refund under GST within 7 days

India's exports grew by about 5 per cent to USD 276 billion in 2016-17.

20 May 2017 4:50 PM

Economy class air travel set to become cheaper from July 1

Economy airfare will get marginally cheaper which should drive continued passenger growth in the air market.

20 May 2017 12:43 PM

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Theme park visit to attract 28 per cent GST

GST Council over the two-day meeting on May 18-19 has decided to retain majority of the exemptions.

20 May 2017 12:28 PM

Maharashtra Legislature special session on GST from today

Maharashtra GST Bill seeks to protect financial powers and autonomy of local self-govt bodies in state.

20 May 2017 12:08 PM

Mobile phones, recharges to get costlier under GST

GST Council has fixed 18 per cent tax for telecom services, 12 per cent for mobile phone manufacturing.

20 May 2017 11:59 AM

GST will take three months to stabilise industries: Crisil

Of two, efficiency in goods will be higher than that in services, Crisil said in a note.

20 May 2017 11:26 AM

Ola, Uber rides could get cheaper under GST

At present, a service tax of 6 per cent is levied on rides booked through cab aggregators like Ola and Uber.

20 May 2017 11:11 AM

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GST: FinMin warns industry against arbitrary price hike

Tax department may invoke anti-profiteering clause after mechanism is put in place.

20 May 2017 10:59 AM

Telecom sector to become costly under GST

The telecom and financial services will be taxed at a standard rate of 18 per cent.

19 May 2017 7:24 PM

Icra says GST structure unlikely to fan inflation

The rating agencuy said that there is likely to be a limited impact of the GST on goods inflation.

19 May 2017 6:05 PM

GST is going to be consumer friendly: Arun Jaitley

Earlier, the GST Council decided to exempt the daily-use commodities from the levy.

19 May 2017 6:02 PM

GST on gold deferred; education, healthcare exempt

Tax rates for gold and gold jewellery likely to be decided at GST Council's June 3 meeting instead.

19 May 2017 3:14 PM

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Foodgrains, common-use products to get cheaper under GST

Milk and curd will continue to be exempt from taxation when GST replaced current indirect taxes.

19 May 2017 12:36 PM

Heavy bikes, yachts, private jets to attract 31 pc GST

All cars, buses, trucks, motorcycles, moped, personal aircraft and luxury yachts will attract 28 per cent tax.

19 May 2017 12:26 PM

GST Council to decide tax rates for services, gold today

Some states seek a 4 per cent tax on gold which does not form part of four-tier tax structure of GST.

19 May 2017 11:51 AM

GST council finalises tax rates for over 1200 items

A panel comprising central and state finance ministers fixed the rates for over 1200 items.

18 May 2017 8:00 PM

GST Council fits tax rates on 80-90 pc goods, services

Council also approves 9 rules for GST regime that is scheduled to kick in from July 1.

18 May 2017 4:54 PM

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