GST | The Asian Age

Friday, Apr 19, 2024 | Last Update : 01:31 PM IST

GST Page-19

Finance Minister Arun Jaitley. (Photo: PTI)

No single rate for all items under GST: Arun Jaitley

Many items which were earlier in 28 per cent bracket were brought into the 18 per cent bracket.

02 Jan 2018 4:37 PM

As per the data, coal production declined by 0.2 per cent in November against 3.9 per cent in October.

Infrastructure output growth at 6.8 per cent, fastest in a year

The cement sector grew by 17.3 per cent in November against a contraction of 1.3 per cent in October.

02 Jan 2018 3:31 AM

This relaxation will give an opportunity to businesses to claim tax credit correctly by rectifying the mistakes made initially while computing GST liability.

Centre eases norms for GSTR revision

Businesses have been finding it difficult to assess tax liability correctly after India moved to the GST regime with effect from July 1.

02 Jan 2018 1:34 AM

Govt relaxes norms for rectification of returns under GST

GSTR-3B, initial summarised return, has to be filed by businesses by 20th day of every month.

01 Jan 2018 4:22 PM

2018: Interesting times ahead

The number of terrorists killed in 2017 (till December 1) is now over 200 and the highest in seven years.

01 Jan 2018 3:26 AM

Additionally, the hasty implementation of GST has again hit the economy hard, resulting in a serious economic slowdown.

A dismal report

The year 2018 will pose further challenges to the government in economic management in at least three distinct areas.

31 Dec 2017 12:14 AM

The government’s total expenditure was Rs 14.78 lakh crore at November-end, or 68.9 per cent of the BE. It was 65 per cent of the BE a year ago.

India breaches fiscal deficit target in November

For FY18, the Centre aims to bring down the fiscal deficit to 3.2 per cent of GDP.

30 Dec 2017 1:08 AM

For 2017-18, government aims to bring down the fiscal deficit to 3.2 per cent of GDP.

Fiscal deficit breaches FY18 target at November-end

During the same period of 2016-17, the deficit stood at 85.8 per cent of that year's target.

29 Dec 2017 4:01 PM

GSTN has already provided to tax payers the functionality to claim refund of exports of services with payment of tax.

Tax payers can see status of returns filed on GSTN portal

Those with turnover exceeding Rs 1.5 crore will have to file GSTR-1 for July-October by December 31.

28 Dec 2017 11:07 AM

The Bill seeks to replace the Ordinance that was issued in September to give effect to the decision of the GST Council. (Photo: PTI)

LS approves Bill for GST increase on luxury cars to 25 per cent

The GST (Compensation to States) Amendment Bill, 2017, was passed by the Lower House amid uproar by the Opposition.

28 Dec 2017 12:17 AM

DoT suggests cutting GST on telecom services to 12 pc: Sinha

TRAI had favoured reduction of licence fee, cut in Spectrum Usage Charges and relaxation in spectrum pay-out terms.

27 Dec 2017 5:20 PM

File image of a students writing in his notebook.

BMC Class 9 kids yet to receive tabs promised to them

According to central purchase department of BMC’s education department, the problem began in April.

27 Dec 2017 2:38 AM

The 25th GST Council meeting is scheduled for January 18, 2018 in Delhi.

GST mop up dips for 2nd straight month

As per the data available, the GST collections in July was over Rs 95,000 crore, while in August the figure was over Rs 91,000 crore.

27 Dec 2017 12:56 AM

It was obvious that Tewari's jibe was indicated at Modi, whose Government still holds the GST and demonetisation as pillars of success. (Photo: PTI)

Cong taunts Modi for GST, note ban; calls him 'Bad Santa'

Cong spokesperson Manish Tewari tweeted that the Indian Santa took away people's money and left them with only the socks.

26 Dec 2017 5:32 PM

SIAM said GST rate for all EVs may be brought down from 12 per cent to 5 per cent and road tax be fully exempted. (Representational Image)

EV drive: SIAM for 5 pc GST, tax deduction for individual buyers

Auto industry body has proposed all new vehicle sales in India to be pure electric by 2047.

25 Dec 2017 12:13 PM

Impact on business is about 50 pc in value of exports during last few months due to non-refund of GST and related issues. (Photo: PTI)

GST refund woes hit Bengal jewellery exports

An additional Rs 4,000 crore worth of jewellery manufactured in the state was also exported from ports like Mumbai.

25 Dec 2017 10:42 AM

The singular train won’t run during weekends as was expected earlier.

AC local’s maiden trip to start from Andheri

Thankfully, the railway board approved the current fare structure on Friday night, essentially giving a green signal for the December 25 trip.

24 Dec 2017 2:51 AM

Consumer Affairs Minister Ram Vilas Paswan. (Photo: Biplab Banerjee)

GST: Govt allows companies to paste MRP stickers till March

As many as 178 items of daily use have been shifted from the top tax bracket of 28 per cent to 18 per cent.

23 Dec 2017 3:34 PM

Govt introduces bill on GST compensation cess in Lok Sabha

An ordinance to hike GST cess on a range of cars from mid-size to hybrid variants to luxury ones to 25 per cent.

22 Dec 2017 5:11 PM

West Bengal Finance Minister Amit Mitra.

GST regime more primitive than VAT: Amit Mitra

Mitra optimistic about the overall growth of exports from West Bengal.

22 Dec 2017 2:38 PM

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Mohan Guruswamy