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GST Council Page-3

EC gives go-ahead to GST Council meeting on March 19

The nod from the Election Commission was required as the Model Code of Conduct has been in force since Sunday.

13 Mar 2019 5:32 PM

GST officials detect tax fraud of Rs 224 crore by 8 companies

The fake invoices generated by them involved about Rs 1,289 crore of value and input tax credit of about Rs 224 crore.

13 Mar 2019 12:07 PM

FinMin notifies Apr 1 as date for increased GST exemption limit, composition scheme

Implementation of proposals with higher turnover limit for composition schemes, would enhance ease of doing business, said EY India's Jain.

08 Mar 2019 11:24 AM

Builders may pass on input tax to buyers

Affordable home prices may be raised by 2-3%.

05 Mar 2019 2:35 AM

DLF's sales bookings to jump over two-fold to Rs 2,400 cr this fiscal

DLF's net profit stood at Rs 4,091.27 crore in the year ago period.

03 Mar 2019 1:44 PM

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GST reforms to boost realty demand: developers

To boost demand in the real estate sector, the GST Council in its recently held meeting, slashed tax rates for under-construction flats.

28 Feb 2019 5:02 PM

Govt detects Rs 20,000 cr GST evasion in April-Feb FY'19

The GST Council, chaired by FM Jaitley decided to cut tax rates on under-construction apartments to five and one per cent, respectively.

27 Feb 2019 2:34 PM

Reduced tax rate for real estate to bolster consumer sentiments: ICRA

GST Council in its meeting recommended reduction in GST rate on under-construction residential properties to 1 per cent.

27 Feb 2019 10:24 AM

GST Council defers decision on tax on real estate; extends deadline till Feb 22

The due date for filing summary sales return - GSTR-3B - is February 20.

20 Feb 2019 2:25 PM

‘With improved compliance, the GST’s implementation will streamline further’

the GST Council has taken over taxation issues to help the Niti Aayog, says NK Singh.

17 Feb 2019 7:35 AM

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GoM report on real estate expected soon

A senior government official said the GoM will submit the report to GST Council which is likely to meet on February 20.

14 Feb 2019 10:43 AM

GST mop-up rises to Rs 1.02 lakh cr in January

The total number of sales return or GSTR-3B filed for the month of December up to January 31, 2019 is 73.3 lakh.

02 Feb 2019 2:55 PM

Budget 2019: GST exemption doubled from Rs 20 to 40 lakhs for small traders

GST rate has been continuously reduced, providing relief of about Rs 80,000 crore annually to consumers.

01 Feb 2019 2:59 PM

Budget 2019 today needs forward-looking ideas

The revenue from the Central Goods and Services Tax remains significantly below the target of Rs 6 trillion.

01 Feb 2019 12:29 AM

North Block finds ways to meet deficit target

As per 2018-19 budget projections, the Centre is likely to finance Rs 75,000 crore of fiscal deficit from small savings.

30 Jan 2019 10:30 AM

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GST exemption limit doubled to Rs 40 lakh

GST Council allows Kerala to impose 1 per cent cess on intra-state sales for up to 2 years.

11 Jan 2019 1:11 AM

GST exemption limit doubled to give relief to small businesses

GST Council hikes annual turnover for availing composition scheme to Rs 1.5 crore from Rs 1 crore.

10 Jan 2019 4:00 PM

1 per cent extra cess in calamity-hit Kerala okayed

Kerala had asked the GST Council for levying cess to fund rehabilitation work.

07 Jan 2019 6:17 AM

Ministerial panels on GST relief to MSMEs, levy of calamity cess to meet on Sunday

The decisions of the two ministerial panels would be placed before the GST Council when it meets next on January 10.

05 Jan 2019 3:21 PM

GST relief for MSMEs, homebuyers on the cards

GST Council will consider lowering tax rates on under-construction flats to 5 pc from 12 pc to give a boost to the housing sector.

03 Jan 2019 10:29 AM

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