GST | The Asian Age

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PM Modi remains the front-runner for the general election, according to opinion polls, but his once-invincible image has been dealt a heavy blow. (Photo: File)

PM's pre-poll handouts to cost billions, breach fiscal targets: Report

Much of the cost of the extra spending or revenue losses would have to be borne by govt that will take charge after election due by May.

18 Jan 2019 2:15 PM

Integration of e-way bill with FASTag would help find the location of the vehicle and when and how many times it has crossed NHAI's toll plazas.

E-way bill to be integrated with NHAI's FASTag to track GST evasion from April

FASTag also offers non-stop movement of vehicles through toll plazas.

15 Jan 2019 3:40 PM

The outstanding amount of these loans has piled up to Rs 11,000 crore, which is a serious issue.

Demonetisation, GST affecting Mudra loan recovery, says Sena

Loans worth Rs 2.46 lakh crore have been disbursed so far to 4.81 crore small scale industrialists.

15 Jan 2019 12:13 PM

The move to make mention of GST registration status mandatory will help check the widespread practice of composition dealers of charging GST from purchasers and not depositing it with the exchequer, an official said.

Soon, nearby retailers won’t charge you GST

Mention of GST registration status to become mandatory.

14 Jan 2019 12:07 AM

PMSBY currently provides Rs 2 lakh accidental cover just at affordable rate of Rs 12 per annum. (Photo: PTI)

Govt plans insurance scheme for GST-registered small traders

Small traders could get accidental insurance cover of up to Rs 10 lakh based on turnover.

11 Jan 2019 3:05 PM

The GST Council doubled the GST exemption limit to Rs 20 lakh for north eastern states and Rs 40 lakh for the rest of the country.

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

China's economic growth is projected to slow down to 6.2 per cent each in 2019 and 2020 and 6 per cent in 2021, according to the January 2019 Global Economic Prospects report released by the World Bank on Tuesday. (Representational Image)

India's GDP to grow at 7.3 per cent in 2018-19: World Bank

The World Bank said India will continue to be the fastest growing major economy in the world.

09 Jan 2019 8:55 AM

The government has settled Rs 18,409 crore to CGST and Rs 14,793 crore to SGST from IGST as regular settlement.

GST collection drops to Rs 94,726 cr in December

Of the Rs 94,726 crore collected, Central GST (CGST)collection is Rs 16,442 crore.

01 Jan 2019 4:44 PM

In the first quarter of 2018-19 ending June 30, it grew at an impressive 8.2 per cent, after 7.7 per cent in the first three months of the year.

India remains fastest growing economy ahead of China

Indian economy's roller-coaster ride during the year gone by was best captured by the GDP growth.

01 Jan 2019 1:34 PM

‘In order to provide relief to small tax-payers, the GST council may soon enhance the limit of Rs 20 lakh turnover to Rs 75 lakh under composition scheme,’ said Deputy Chief Minister Sushil Kumar Modi. (Photo: File)

Bihar Govt collects 38pc more tax than last year: Sushil Modi

State govt has collected around Rs 15,466 crore in taxes from 2017 to November 2018, which is 38 pc higher compared from last fiscal year.

29 Dec 2018 2:57 PM

Telugu actor Mahesh Babu's bank accounts frozen over tax dues

When contacted, senior official of GST department said Mahesh Babu failed to get any reprieve from any appellate authority on this issue.

28 Dec 2018 10:05 AM

Karnataka Chief Minister H D Kumaraswamy. (Photo: File/PTI)

Karnataka CM meets Jaitley, seeks extension of GST compensation period

During the VAT regime, Karnataka used to register 10-12 per cent of average growth every year.

27 Dec 2018 1:56 PM

Karnataka Chief Minister H D Kumaraswamy met Union Finance Minister Arun Jaitley here on Thursday and sought extension of the GST compensation period till 2025. (Photo: Twitter | @CMofKarnataka)

K'taka CM meets Jaitley, seeks extension of GST compensation period

At present, states are entitled to get compensation for the first five years since the implementation of GST in 2017, that is till 2022.

27 Dec 2018 1:45 PM

Finance Minister Arun Jaitley (Photo: ANI)

India working towards single GST rate: Arun Jaitley

The standard rate of VAT and excise was 14.5 per cent and 12.5 per cent respectively.

25 Dec 2018 1:12 AM

GST standard rate to be fixed between 12-18 pc as revenues increase: Jaitley

The GST Council in its last meeting cut rates on 23 items, thereby trimming the 28 per cent slab.

24 Dec 2018 12:44 PM

'The method adopted by Modi surpasses Goebells,' he said, drawing a parallel with Hitler's Propaganda Minister during the Nazi rule in Germany. (Photo: File)

'Statistics manipulated to distort facts': Sitaram Yechury attacks PM Modi

Yechury called PM Modi's announcement that 99 per cent goods will now attract 18 per cent or lower GST a 'post truth'.

23 Dec 2018 9:39 PM

The annual revenue implication of the rate cuts would be Rs 5,500 crore, Finance Minister Arun Jaitley said. (Photo: ANI | Twitter)

GST Council cuts rates on 23 items; movie tickets, TVs to become cheaper

The new tax rates will come into effect from January 1, 2019.

22 Dec 2018 5:29 PM

‘When the Congress President said -- as I have said -- GST should be a single rate, it means that the standard rate of GST should be a single rate. That's absolutely correct.’ P Chidambaram tweeted. (Photo: PTI)

GST single rate slab 'stupid' or not: Twitter war erupts between BJP, Cong

Social media battle triggered after PM Modi on Tuesday hinted 28pc slab of GST will soon be restricted to select commodities, luxury items.

21 Dec 2018 4:39 PM

The party has also accused the Centre of double speak and hypocrisy on the issue alleging that the government is now eating its own words by implementing all that it had earlier mocked. (Photo: File)

Jolted Narendra ji from his deep slumber: Rahul's jibe over PM's GST plan

Gandhi took a swipe saying the 'PM now wants implement what he once called Congress party's Grand Stupid Thought'.

20 Dec 2018 7:24 PM

At present, there are 35 products which attract 28% GST

PM Modi indicates GST may be cut from 28 per cent to 18 per cent

Digital cameras, ACs, video recorders and dish washing machines could cost less if the govt trims the list of items in the 28% slab.

19 Dec 2018 12:53 AM

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Mohan Guruswamy