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Ancestral jewellery and gold as also that purchased from disclosed income not to be taxed.

Business

GST intelligence arm to be regulator for gems & jewellery

DGCEI detected tax evasion worth Rs 15,047 crore during financial year 2016-17.

27 Aug 2017 2:21 PM IST

Business

GST will promote transparency, corruption-free business environment:...

GST framework captures every transaction from end to end, recording them from source to final destination.

9 Aug 2017 11:00 AM IST

Minister of State for Finance Santosh Kumar Gangwar

Business

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 IST

he top leadership of the MCs said that property tax defaulters owe around Rs 2,700, including property tax dues with interest.

Business

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...

25 Nov 2016 3:12 PM IST

$Regarding the new GST timeline of July 1, the report said \this is in line with our base case that the GST would be implemented between April and September 2017\.$ Business

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...

25 Jan 2017 3:52 PM IST

Business

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 IST

Photo caption: Under it, C-GST will be levied by the Centre, S-GST by states and I-GST on inter-state supply of goods and services. (Representational Image)

Business

GSTN portal to be ready for invoice uploading from July 24

GSTN had last month launched an offline Excel format for businesses to keep their invoice records.

16 July 2017 3:38 PM IST

Union Finance Minister Arun Jaitley. (Photo: PTI)

Business

GST scheduled for July 1 rollout: Arun Jaitley

GST will replace an array of central and state levies with a national sales tax.

8 May 2017 12:58 PM IST

Cabinet Secretary P K Sinha (Photo: Twitter)

Business

Cabinet Secretary reviews situation post GST rollout

GST removes at least 17 different taxes and transforms India into a single market.

3 July 2017 6:07 PM IST

Business

HMSI effects price cut of up to Rs 5,500 after GST switch

Honda is passing on the GST benefit applicable in most of the states to our valued customers.

3 July 2017 4:15 PM IST

Revenue Secretary Hasmukh Adhia (Photo: PTI)

Business

Seven myths and realities about GST: Hasmukh Adhia

Adhia cleared the myths about GST and said the process around the implementation and execution will be transparent.

2 July 2017 6:24 PM IST

The profitability of the airlines has been further impacted by the increasing cost of fuel prices and this has been reflected in the decline in profitability of the listed airlines in Q3 FY17.

Business

GST benefits: Companies need to provide info to airlines

GST rate on first class and higher class tickets is 12 per cent while the rate is 5 per cent on economy class tickets.

2 July 2017 5:13 PM IST