GST: News
28 Aug 2017
KarnatakaBengaluru: Woman throws off her 7-year-old daughter twice from terrace
In a very disturbing incident, a seven-year-old girl, Aishika Sarkar, was allegedly killed by her mother Swathi who threw her off to the ground twice from their four-story residential complex's terrace at Jaraganahalli in Bengaluru's JP Nagar.
28 Aug 2017
IndiaDigital payments may get you 2% relief on GST
In order to promote Digital India and discourage cash payments, the center is now mulling on giving a 2% incentive over the applicable GST rate for payments made digitally on bills up to Rs. 2,000.
22 Aug 2017
IndiaCraving baked goods? Prepare to spend 10-15% extra
GST may soon affect the prices of bakery items and not in a good way.
22 Aug 2017
BusinessGST tax deposits: Rs. 42,000 crore till now, more anticipated
According to reports, the government has already received as much as Rs. 42,000 crore under the first monthly filing of GST.
20 Aug 2017
BusinessGST: Deadline for paying taxes, filing returns extended
Providing relief to many businessmen, the government has extended the deadline for paying GST taxes to August 25.
16 Aug 2017
IndiaThe popular defence canteens to undergo major makeover
The defence's popular Canteen Stores Department (CSD) is undergoing a major makeover with an aim to enhance consumer experience.
15 Aug 2017
IndiaGorakhpur, demonetization, terrorism and more: Highlights of Modi's I-Day speech
PM Narendra Modi addressed the nation on its 70th Independence Day from the Red Fort this morning.
15 Aug 2017
FlipkartFlipkart and 38 other companies miss out on GSP license
Indian e-commerce giant Flipkart has missed out on becoming a holder of the GST Suvidha Provider (GSP) license.
13 Aug 2017
IndiaGST update: Non-AC area at AC restaurants under 18% slab
According to the GST norms, 12% is charged on every food bill in non-AC restaurants. Similarly, 18% is charged in AC restaurants and at those with a liquor license and 28% is charged in 5-star hotels.
12 Aug 2017
IndiaGovt likely to ration consumer goods in Army Canteens
At a time when most FMCG players have just started recovering from the tepid sales growth after the GST rollout, they are likely to witness a fall in their high-volume Canteen Stores Department (CSD) business.
10 Aug 2017
IndiaPM Modi urges collectors to move beyond files, visit fields
PM Narendra Modi had some advice for India's district collectors: "Move beyond files and go to the field to understand ground realities."
08 Aug 2017
Audi Q7Price-hike alert: Revised GST might push up car prices
Although several car models had become cheaper after the implementation of GST, car lovers are in for an unpleasant surprise.
07 Aug 2017
Tamil NaduGST: Cess on luxury cars to rise to 25%
The GST Council has decided to raise the cess on luxury automobiles from 15% to 25%.
07 Aug 2017
BiharGST: Govt to issue detailed price list for transperency
The process of migrating to the GST regime hasn't been very smooth. Its implementation has also allowed producers to profit by abusing rules.
02 Aug 2017
IndiaA month into GST and automobile companies are shining
Although monsoon months are generally rather slow for new vehicle sales, quite a few top brands in the Indian automobile sector have performed rather robustly in the month of July.
29 Jul 2017
Aadhaar CardFour reasons why tax returns filing deadline should be extended
The deadline to file income tax returns this year is July 31. For a change there is no late filing fine this time.
27 Jul 2017
Delhi708 bungalows in Delhi's Lutyens zone vulnerable to earthquake
According to housing and urban affairs ministry, 708 government bungalows (built between 1912-1930) in Delhi's Lutyens bungalow zone (LBZ) are "considered structurally unsafe against earthquake".
26 Jul 2017
DelhiSecurity Lapse: African national without visa escapes from Delhi Airport
A West African national, who was detained by immigration and intelligence investigators at the IGI airport for not having a valid visa, managed to flee from their custody.
26 Jul 2017
FoodGST hits sweet-makers: Future of faluda, halwa, barfis at risk
The GST has had many pros, but several cons too. Now it seems to have touched an unexpected nerve.
20 Jul 2017
IndiaGST: Rollout went well, but many challenges ahead
On July 1, the new GST replaced 40 levies in India, a move aimed at simplifying the current tax structure.
18 Jul 2017
Indian GovernmentGST: Govt raises tax on cigarettes to correct anomaly
Due to an anomaly, taxes on cigarettes had dropped in the new GST regime. Manufacturers had the choice to either pass on the benefit to consumers or pocket the margin.
17 Jul 2017
Parliament Monsoon SessionNew Consumer Protection Law will be brought up in Parliament
A new law, to replace the current Consumer Protection Act, 1986, will be introduced in the monsoon session of the Parliament.
14 Jul 2017
IndiaReport: 73% Indians have confidence in Modi government
As many as 73% of Indians have faith in the Narendra Modi-led NDA government, according to the Organization for Economic Co-operation and Development's (OECD) Government at a Glance 2017 report.
13 Jul 2017
BusinessDon't let restaurants fool you in the name of GST
Some restaurants are having a field day by making customers pay extra. If someone questions them, they put the blame on GST.
12 Jul 2017
IndiGoGST worsens engine problems for IndiGo, nine aircraft remain grounded
IndiGo is bearing the brunt of the GST launch. Nine of its aircraft were grounded due to engine problems, an issue made worse due to confusion about the new tax regime.
12 Jul 2017
IndiaFood offered at religious places exempted from GST: Finance Ministry
The Finance Ministry on Tuesday issued a clarification stating that free food offered at 'anna kshetras' was exempt from GST.
11 Jul 2017
IndiaOne week after GST: What is true, what is not?
The launch of GST has been accompanied by several myths about the new tax regime, both from supporters and critics.
10 Jul 2017
IndiaWill GST be levied on gifts from employers?
It's been nearly 10 days since Goods and Services Tax, India's most ambitious tax reform, was launched.
09 Jul 2017
BMWGST brings down the prices of luxury cars
GST may have made some goods expensive for you but luxury cars are not one of them.
08 Jul 2017
MeghalayaMeghalaya: Central govt. should compensate for losses from GST
Meghalaya CM has asserted that the Central Government is legally bound to compensate the state in case of any losses incurred during the initial GST implementation.
07 Jul 2017
Indian GovernmentGovt: Post GST, prison term for not printing revised MRPs
In a bid to ensure compliance by manufacturers and retailers under the new GST regime, the government announced that parties who do not print revised maximum retail prices for unsold or newly manufactured goods would face a severe penalty.
06 Jul 2017
PunjabCongress's Amarinder Singh hails GST, says it'll help Punjab
What could be termed as a political U-turn, Punjab Chief Minister Captain Amarinder Singh was seen hailing the Goods and Services Tax (GST) while saying it will bring about an economic reform in the state.
05 Jul 2017
Narendra ModiCentre defends 'high' GST rates on sanitary napkins, disability aids
The Centre came under criticism for implementing a 12% tax on sanitary pads and 5-15% tax on disability aids under GST.
04 Jul 2017
MumbaiThis 102-year-old Pune doctor works 10 hours a day!
Dr. Balwant Ghatpande, who turned 102 this year, is counted among oldest practising doctors in Pune.
04 Jul 2017
DelhiGST: Subsidized LPG cylinder costlier by up to Rs. 32
A subsidized LPG cylinder is now costlier by up to Rs. 32 due to GST. This is the sharpest hike in price in six years.
04 Jul 2017
IndiaFoxconn will invest Rs. 32,000cr in its Indian expansion plans
Foxconn is ready to invest up to Rs. 32,000cr in India to make it a parallel manufacturing hub to China.
04 Jul 2017
JammuGST: 22 states scrap checkposts to ensure smooth implementation
To ensure a smooth rollout of the GST, 22 states took down checkposts that would have otherwise delayed trucks and led to additional costs and time.
03 Jul 2017
IndiaAs GST kicks in, you should invest in these stocks
With India's latest tax reform, GST kicking in this month, many industries are faced with uncertainty and confusion.
03 Jul 2017
IndiaKnow the facts and the myths around GST!
GST is the biggest tax reform in India's history, and businesses across all sectors will take some time to get used to it. False rumors and speculations during transition can be catastrophic.
03 Jul 2017
Indian GovernmentMyths surrounding GST won't be tackled by the government
Amid reports of the government taking stringent action against small and huge companies which are not passing on the benefits to their consumers or rising prices disproportionately, the government came out with a message that it won't force firms to decrease prices immediately.
