GST | The Asian Age

Thursday, Apr 25, 2024 | Last Update : 10:50 PM IST

GST Page-20

ASSOCHAM on Friday said it is always desirable for petroleum to be brought under the GST.

Consensus will never emerge on petrol under GST: ASSOCHAM

Centre and States have been over-depending on petroleum sector for their revenue collection.

22 Dec 2017 1:43 PM

Jaitley said the structural reforms -- GST and demonetisation -- have temporarily slowed down the economy but they will accelerate growth in the coming years as happened after the launch of liberalisation in 1991. (Photo: PTI)

India growing at ‘new normal’ growth rate of 7-8 per cent: Arun Jaitley

On the deteriorating bad loans position of banks, Jaitley says it was mainly on account of the loans given to industry prior to 2014.

22 Dec 2017 10:00 AM

State to try not to increase ready reckoner rates

The state government has also said that a Cabinet sub-committee had been set up to decide the rates.

22 Dec 2017 6:51 AM

Delhi Chief Minister Arvind Kejriwal (Photo: PTI)

Delhi govt to create separate fund for city markets

Fund will be used for developing several facilities in market areas like parking space, toilet complex and resurfacing of roads.

22 Dec 2017 6:48 AM

Number of warehouses for consumer durables company has could reduce to 10-12 from a typical 25-30 and to 30-35 from 45-50 for FMCG companies.

Warehousing cost for FMCG, white goods to dip 25-50 per cent: report

NCR is expected to see maximum warehousing consolidation as the distance between states is only 250-300 km.

21 Dec 2017 5:58 PM

Prime Minister Narendra Modi (Photo: AP)

Election results: BJP lost seats due to GST and note ban?

Saurashtra and Kutch regions helped the Congress gain in the state and take its tally to 77 from the 2012 total of 61 seats.

19 Dec 2017 4:20 AM

The GST collection was Rs 95,132 crore in October. It was over Rs 93,000 crore in September as well as August. (Phtoto: Representational/PTI)

GSTN brings in new filing way

After giving their option, taxpayers can file GSTR 1 for the relevant return periods, the GST Networks said in a statement.

19 Dec 2017 2:05 AM

Bihar Finance Minister Sushil Modi. (Photo: PTI)

Council may bring petrol, realty under GST in future: Sushil Modi

Both states and Centre earn 40 per cent of their revenue from petroleum products at present.

14 Dec 2017 6:08 PM

Moody's has upgraded India's sovereign rating by one notch to Baa2 and changed its outlook to stable from positive in November.

India's growth to recover to 7 per cent in next few quarters: report

Economic growth has bottomed out after slowing to a 13-quarter low of 5.7 per cent in April-June.

14 Dec 2017 3:19 PM

The new facility will result in time savings for the taxpayers. (Phtoto: Representational/PTI)

GST Network simplifies returns filing process

GSTR 3B returns, one-click filing has been introduced as no tile will be shown to such taxpayers.

14 Dec 2017 9:58 AM

Power developers cannot avail the benefit of GST for the electricity produced leading to a detrimental effect towards achieving the 100 GW target of National Solar Mission.

GST led to 12 per cent rise in cost of solar projects, says AISIA

Tax incidence on services and civil work has risen to 18 per cent from 15 per cent and 6 per cent respectively previously.

13 Dec 2017 4:01 PM

Nomura expects the growth in the first half of 2018 to be at 7.8 per cent, higher than the 7.1 per cent of the second half of 2017.

India's economy expected to grow at 7.5 pc in 2018: Nomura

GDP growth bottomed-out in Q2 of 2017 at 5.7 per cent year-on-year, rising to 6.3 per cent in third quarter.

11 Dec 2017 4:14 PM

On the civic poll results in Uttar Pradesh, Akhilesh pointed out the 'poor performance' of the BJP in small cities and rural areas. (Photo: PTI)

BJP to see impact of GST, demonetisation in Gujarat polls: Akhilesh Yadav

Akhilesh Yadav said the BJP's graph was coming down as its policies were 'anti-farmer and anti-trader.'

10 Dec 2017 4:09 PM

Group had suggested several changes in the new indirect tax regime with a view to simplifying procedures and ensuring automatic refund of taxes.

Law review panel to take final call on GST suggestions: Finance Ministry

The next meeting of the Law Review Committee is due on Wednesday and Thursday.

09 Dec 2017 11:52 AM

Saudi Arabia will have an expat levy on employers which will encourage them to hire more countrymen and less outsiders.

GST effect in Gulf countries

A VAT will impact cost of living and bring down job opportunities for immigrants.

09 Dec 2017 12:30 AM

Six-member panel set up by govt last month has made over 100 recommendations regarding GST.

Advisory group on GST submits report, suggests changes

Panel received more than 700 representations on problems faced by industry over return filing.

07 Dec 2017 11:02 AM

The RBI felt there was enough liquidity in the system and credit growth was picking up. (Photo: AFP)

Inflation still RBI’s key fear

The fears that the government will miss its fiscal deficit target due to farm loan waivers will be known once this exercise is over in the states.

07 Dec 2017 12:24 AM

Fifth Bi-Monthly Monetary Policy statement for 2017-18, it also raised Inflation forecast marginally to 4.3-4.7 pc for second half of fiscal from earlier estimate of 4.2-4.6 per cent. (Photo: PTI)

RBI warns of fiscal slippage, inflation

GST collections were Rs 83,346 crore in October, down from over Rs 92,000 crore in the previous month.

06 Dec 2017 5:23 PM

Modi continues to be the most followed Indian on Twitter. (Photo: PTI | file)

Modi most followed Indian on Twitter with 37.5 million supporters

This is the first time ever, Kohli and Tendulkar made it to the list of top 10 most followed Indian accounts, Twitter said.

05 Dec 2017 6:53 PM

Five-year FTP was announced on April 1, 2015, and set an ambitious target of India's goods and services exports touching USD 900 billion by 2020.

FTP may focus on job creation, improving trade logistics

Entering the negative terrain after more than a year, exports contracted by 1.12 per cent in October.

05 Dec 2017 1:31 PM

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Dilip Cherian