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Implementation of GST it does not seem will meet its actual deadline of Aril 1, 2017 as both the Centre and the states have failed to arrive on an agreement over contentious issues.

Cess to yield Rs 55,000 cr in first 9 months of GST rollout

Centre and states have already agreed to impose cess on 55 demerit and luxury goods under the GST regime.

29 May 2017 3:41 PM IST

The Centre is targeting a July 1 roll-out for the unified tax system.

28 per cent GST on tractor parts to hurt companies, farmers: Sonalika

The tractor manufacturer said the tax on tractor parts should remain at the existing level of 14 per cent.

27 May 2017 1:55 PM IST

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

NSE asks trading members to upload GSTIN by July 25

In case of the failure to upload the GSTIN within prescribed timeline, the exchange would issue invoice for taxable...

21 July 2017 8:27 PM IST

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

Deadline for GST composition scheme extended till Aug 16

Small businesses with turnover of up to Rs 75 lakh earlier had time till today to opt for the scheme in GST regime.

21 July 2017 7:54 PM IST

Finance Minister Arun Jaitley

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.

9 Jan 2017 12:38 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)

'GST to impact woking capital cycle, put strain on liquidity'

RBI to spell out detailed actions at its April policy and sterilised Rs 1 lakh crore in excess liquidity.

22 May 2017 2:41 PM IST

Prime Minister Narendra Modi listening to Turkish President Recep Tayyip Erdogan during the India-Turkey Business Summit, in New Delhi on Monday. (Photo: PTI)

Modi's biggest tax reform GST to transform India's $2 trn economy

Indirect tax now on fast track to becomng a reality from July 1 as Council has finalised all tax rates.

22 May 2017 11:43 AM IST

Sudhir Mungantiwar

GST won't affect financial autonomy of local bodies: Maha govt

State government has accepted the responsibility of compensation to local bodies for five years.

20 May 2017 6:46 PM IST

No private airline flies to the city. Shortly after this government took over, a buffalo walked into the Surat airport and an airplane crashed into it, damaging its jet engine. (Representational image)

Economy class air travel set to become cheaper from July 1

Economy airfare will get marginally cheaper which should drive continued passenger growth in the air market.

20 May 2017 12:43 PM IST

Entertainment tax will be merged with service tax under the GST and a composite 28 per cent levy will be charged on cinema services.

Theme park visit to attract 28 per cent GST

GST Council over the two-day meeting on May 18-19 has decided to retain majority of the exemptions.

20 May 2017 12:28 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

Implementation of GST it does not seem will meet its actual deadline of Aril 1, 2017 as both the Centre and the states have failed to arrive on an agreement over contentious issues.

J-K govt to benefit from GST, will seek its passage in a legislative...

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.

18 May 2017 3:06 PM IST