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The operator-assisted tests involves the telecom firms equipment and costs, with the regulator monitoring and supervising the entire process.

Mobile phones, recharges to get costlier under GST

GST Council has fixed 18 per cent tax for telecom services, 12 per cent for mobile phone manufacturing.

20 May 2017 11:59 AM IST

During April-December period, exports grew marginally by 0.75 per cent USD 198.8 billion.

GST will take three months to stabilise industries: Crisil

Of two, efficiency in goods will be higher than that in services, Crisil said in a note.

20 May 2017 11:26 AM IST

Earlier in the day, a case was registered against the Ola cab driver. (Representational Image)

Ola, Uber rides could get cheaper under GST

At present, a service tax of 6 per cent is levied on rides booked through cab aggregators like Ola and Uber.

20 May 2017 11:11 AM IST

Finance Minister Arun Jaitley

GST: FinMin warns industry against arbitrary price hike

Tax department may invoke anti-profiteering clause after mechanism is put in place.

20 May 2017 10:59 AM IST

Representational Image

Telecom sector to become costly under GST

The telecom and financial services will be taxed at a standard rate of 18 per cent.

19 May 2017 7:24 PM IST

Representational image

Icra says GST structure unlikely to fan inflation

The rating agencuy said that there is likely to be a limited impact of the GST on goods inflation.

19 May 2017 6:05 PM IST

Finance Minister Arun Jaitley

GST is going to be consumer friendly: Arun Jaitley

Earlier, the GST Council decided to exempt the daily-use commodities from the levy.

19 May 2017 6:02 PM IST

Finance Minister Arun Jaitley. (Photo: PTI)

GST on gold deferred; education, healthcare exempt

Tax rates for gold and gold jewellery likely to be decided at GST Council's June 3 meeting instead.

19 May 2017 3:14 PM IST

India, which is worlds second-biggest wheat producer, is looking to hinder wheat imports at a time when farmers are harvesting their crops.

Foodgrains, common-use products to get cheaper under GST

Milk and curd will continue to be exempt from taxation when GST replaced current indirect taxes.

19 May 2017 12:36 PM IST

Heavy bikes, yachts, private jets to attract 31 pc GST

All cars, buses, trucks, motorcycles, moped, personal aircraft and luxury yachts will attract 28 per cent tax.

19 May 2017 12:26 PM IST

External Affairs Minister Sushma Swaraj, who piloted the strategy, and Harish Salve, who effectively argued the matter deserve special mention, Jaitley said. (Photo: ANI/Twitter)

GST Council to decide tax rates for services, gold today

Some states seek a 4 per cent tax on gold which does not form part of four-tier tax structure of GST.

19 May 2017 11:51 AM IST

Finance minister Arun Jaitley

GST council finalises tax rates for over 1200 items

A panel comprising central and state finance ministers fixed the rates for over 1200 items.

18 May 2017 8:00 PM IST