Indirect Tax | The Asian Age

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The government plans to roll out the GST from July 1, which will subsume host of indirect taxes.

Make paperwork under GST simple, says advocates' body

Under the new tax regime no deletion or overwriting of entries will be allowed in registers, accounts and documents.

24 Apr 2017 4:47 PM

Prime Minister Narendra Modi. (Photo: AP)

GST great illustration of cooperative federalism: PM

GST, the biggest taxation reform since Independence, will subsume central excise, service tax, Value Added Tax.

23 Apr 2017 4:46 PM

'GST bills imperfect, will require amendment in two years'

Former FM Chidambaram says 70 pc goods and 70 pc services under 18 pc tax bracket will make laws less imperfect.

10 Apr 2017 5:02 PM

In short term, most of the services are likely to be costlier under GST regime.

GST: What will be costlier and what will be cheaper?

In long term, GST regime will leave a positive impact on most of sectors in Indian economy.

05 Apr 2017 12:24 PM

GST will make tax evasion difficult: Arun Jaitley

Finance Minister adds country will continue to remain fastest growing economy and attain 7-8 per cent growth.

22 Mar 2017 10:42 AM

GST will kick in by subsuming all central indirect taxes such as central excise and service taxes as also state levies like VAT into one.

Govt may rework indirect tax maths mid-way

Govt estimates to collect nearly Rs 9.27 lakh crore from indirect taxes next fiscal, up 9 pc over 2016-17.

12 Feb 2017 11:39 AM

Direct tax collections have improved from last year.

Direct tax collection up at Rs 5.82 lakh crore till Jan

According to Finance Ministry, personal income tax collection showed a 21 per cent growth in Apr-Jan period.

10 Feb 2017 4:20 PM

Central excise collection rises 26.3 pc in Jan: Adhia

Net collection for customs and service tax up by 10.1 per cent and 9.4 per cent respectively in January 2017.

10 Feb 2017 1:08 PM

Model GST laws including IGST are expected to be tabled in the Parliament in the second leg of the Budget session beginning March 9.

Model GST law to be finalised by this month end: CBEC Member

GST Council has fixed the four-tier structure of 5 per cent, 12 per cent, 18 per cent and 28 per cent.

07 Feb 2017 8:44 PM

Government proposes to roll out new indirect tax regime GST from July 1.

Keep healthcare out of GST purview: Assocham

A large number of items like food and other essentials for a common household are being kept outside the purview of the GST.

25 Jan 2017 3:52 PM

Finance Minister Arun Jaitley (Photo: PTI)

Tax framework may undergo major changes in Budget

Care Ratings estimates Government to levy tax between 12 per cent and 18 per cen on services.

23 Jan 2017 6:21 PM

Direct tax collection up over 12 per cent in April-Dec: Jaitley

Finance Minister says for most of the states VAT collections have also increased for period under review.

09 Jan 2017 12:38 PM

Total direct and indirect tax collections at the end of November stood at Rs 9.64 lakh crore, 59 per cent of the Rs 16.26 lakh crore target for 2016-17.

Direct, indirect tax collection grows in April-Nov

Government is eyeing a 12.64 per cent growth in direct tax at Rs 8.47 lakh crore for the current fiscal year.

10 Dec 2016 1:21 PM

Minister of State for Finance Santosh Kumar Gangwar

No security clearance obtained for GSTN shareholding

The government plans to roll out the new indirect tax regime from April next year.

25 Nov 2016 4:28 PM

Vijay Mallya-promoted Kingfisher Airlines, now defunct, owes Rs 1,012.96 crore in service tax and penalty.

Tata Motors, Kingfisher owe crores in taxes

Tata Motors has outstanding excise duty of Rs 629.76 crore in 91 cases and service tax dues of Rs 516.09 crore in 5 cases.

25 Nov 2016 3:12 PM

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Sanjeev Ahluwalia