Home » goods services tax

You Searched For "goods & services tax"

The government is working to regulate and reduce the portion of food offered in star hotels and restaurants to reduce wastage of food. Is that a good idea?

Group of ministers to review GST on restaurants

A group of ministers will examine if the tax liability can be reduced and an alternate structure can be put in place.

7 Oct 2017 3:06 PM IST

From unbranded namkeen to ICDS food packets, the GST Council on Friday tweaked the rates for 27 items. Photo: PTI

Find out what got cheaper after GST Council tweaked rates of items

The GST Council headed by Finance Minister Arun Jaitley tweaked the GST rates for 27 items.

7 Oct 2017 2:12 PM IST

Prime Minister Narendra Modi speaks at the launch of Sahaj Bijli Har Ghar Yojana or Saubhagya, to supply electricity to poor households, in New Delhi. (Photo: PTI)

Faced with criticism for slow growth, Modi govt reduces burden on SMEs

Small and medium-sized enterprises are crucial to Modi's plans to create millions of more jobs.

7 Oct 2017 1:02 PM IST

Prime Minister Narendra Modi addresses during the inauguration of the Golden Jubilee Year Celebrations of the Institute of Company Secretaries of India at Vigyan Bhavan in New Delhi. (Photo: PTI)

Facing criticism for slowing economy, Modi govt likely to ease burden...

Small and medium-sized enterprises, crucial to Modi's plans to create millions of more jobs, have been hurt by GST.

6 Oct 2017 12:24 PM IST

Earlier, the government had fixed August 20 as the last date for filing GSTR-3B forms for July. (Photo: File/Representational)

GST Council to meet on Oct 6; may provide relief to exporters

Group of Minister, headed by Sushil Modi will also brief the Council about the functioning of GSTN.

5 Oct 2017 7:00 PM IST

Prime Minister Narendra Modi on Wednesday accepted that growth rates have fallen but insisted that his government is committed to reversing the fall. Photo: ANI| Twitter

Modi accepts decline in growth rate, says govt committed to reversing...

He went on to say that after demonetisation, the cash to GDP ratio came down to 9 percent, from 12 per cent in November...

4 Oct 2017 7:51 PM IST

RBI Governor Urjit Patel at a press conference after the monetary policy review meeting in Mumbai. (Photo: PTI)

GST roll out left short-term prospects uncertain, delayed investment:...

The Reserve Bank of India Governor Urjit Patel on Wednesday also kpet the repo rate unchanged at 6 per cent.

4 Oct 2017 4:44 PM IST

The GST Council cleared nil rate on live asses, mules and hinnies while placing live horses under the 12 per cent bracket.

GST anti-profiteering body: Govt to examine contours tomorrow

A four-member Standing Committee, comprising tax officials of the Centre and states, has already been set up to receive...

3 Oct 2017 4:41 PM IST

A total of eight out of 23 industry groups in the manufacturing sector grew in July 2017 compared to the corresponding month last year.

Manufacturing activity in September expands, firms struggle to create...

To attract demand, firms continued to absorb most of the cost pressure in September.

3 Oct 2017 11:33 AM IST

Finance Minister Arun Jaitley (Photo: PTI)

Arun Jaitley hints at lesser GST slabs in future

The Finance Minister there is space for improvement, eventually once the economy becomes revenue neutral.

1 Oct 2017 1:33 PM IST

Healthcare services such as dialysis, pacemaker implantation, support devices in orthopaedics and cancer treatment could be costlier under GST.

Bhutanese economy likely to be impacted by GST: ADB

Bhutan's imports will likely increase as Indian exports are zero rated under GST, making the imports cheaper.

1 Oct 2017 11:47 AM IST

Indias GDP slowed down to 5.7 per cent on the back of demonetisation and GST. Photo: AP

India seen posting stronger growth on GST, note ban disruptions fading

The economy had slowed down to a trickle of 5.7 per cent in the June to April quarter, largely on GST and note ban...

30 Nov 2017 9:24 AM IST