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

Jewellers in talks with government on GST

The All-India Gem and Jewellery Trade Federation has proposed a 1.25 per cent tax rate on gems and jewellery products...

28 March 2017 3:27 AM IST

A landmark Australian law on restricting tobacco use has been upheld at the World Trade Organisation.

Business

Revenue Dept removes excise duty on cigarette, tobacco

Revenue department also rescind central excise notification dated February 27, 2010.

3 July 2017 5:44 PM IST

The Maruti Suzuki plant suffers damage and the police later books 147 workers in connection with the case. They are later charged with conspiracy to commit murder, arson and rioting.

Business

Maruti slashes prices of its models by up to 3 per cent

Rate of reduction varies across locations depending on VAT rates applicable prior to GST.

1 July 2017 12:23 PM IST

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

Business

One Nation, One tax: GST explained

Tax system will be implemented with the purpose of levying a single indirect tax across the nation

1 July 2017 12:02 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

Various tax slabs under GST worry traders: CAIT

As per an analysis, 1,211 goods and 36 services have been so far classified under GST.

29 May 2017 9:09 AM IST

Business

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

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

Business

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

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

Business

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

Metros

Fuel surcharge raised to avoid revenue loss

The Central governments's cut in the fuel prices has not helped Maharashtra citizens who are now facing the increased...

19 May 2017 2:50 AM 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.

Business

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

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

Business

GST will lead to more organised logistics sector: Icra

GST implementation will be a positive development for the road logistics sector.

26 May 2017 8:02 PM IST

$The Electronic Communications Privacy Act compels companies to divulge data stored in \third-party computers,\ such as Microsofts Cloud, and keep the move secret. (Photo: AP)$ Business

EasemyGST, Microsoft in pact to help SMEs get GST compliant

Any business subscribing to the EasemyGST solutions will just have to maintain a spreadsheet of their purchases and...

24 May 2017 5:07 PM IST