GST: News
17 Oct 2017
AmazonKeep these things in mind before buying gold this festive-season!
Buying gold around Dhanteras and Diwali is auspicious as Indians share a special bond with it.
17 Oct 2017
Supreme Court Of IndiaSC ban on crackers adds to GST, demonetization woes
Traders were already suffering from the blows of demonetization and GST, both of which hit business severely.
16 Oct 2017
Narendra ModiModi in Gujarat: Development will win and dynasty will lose
With Gujarat state elections to be held in December, PM Narendra Modi and BJP national president Amit Shah addressed over 7L party workers from over 182 Assembly constituencies at the Gujarat Gaurav Yatra Samapan Maha-sammelan.
15 Oct 2017
IndiaIndia on solid growth-track, says IMF Chief backing GST, demonetization
Only days after the International Monetary Fund slashed India's growth forecast for 2017 and 2018, IMF Managing Director Christine Lagarde said the country's economy is on a "very solid track" in the medium term.
13 Oct 2017
Madhya PradeshMP cuts diesel VAT by 5%, petrol VAT by 3%
The MP government has cut the value added tax (VAT) on fuel products. It reduced VAT on diesel by 5% and VAT on petrol by 3%. CM Shivraj Chouhan said the new prices will be effective from midnight.
11 Oct 2017
IndiaIMF cuts India's growth forecast, but expects a medium-term recovery
The International Monetary Fund (IMF) in its World Economic Outlook (WEO) report trimmed Indian economy's growth forecast to 6.7% from earlier 7.1% citing the disruptions caused by government's decisions of demonetization and introduction of good and services tax (GST).
09 Oct 2017
India93 lakh truckers launch two-day strike against GST
Lakhs of truck drivers in India have launched a two-day strike today to protest the GST, diesel price hike and more.
09 Oct 2017
Money Laundering CaseNew threshold for gold transactions will be provided soon
In the last GST meeting, the Centre revoked the order that it had issued on August 23, where it had notified jewelry dealers that they were required to report on buyers, who make purchases beyond a certain limit.
07 Oct 2017
India54,000 petrol pumps to shut down on October 13
On October 13, about 54,000 petrol pumps across India will go on a 24-hour strike to push for various demands.
07 Oct 2017
Narendra ModiPM Modi in Gujarat: Diwali has come early for Indians
PM Modi, on a two-day visit to poll-bound Gujarat, while addressing the crowd at Dwarka referred to the GST Council meeting and claimed that "Diwali has come early for our citizens due to the decisions taken in the GST Council."
06 Oct 2017
IndiaGST Council announces relief for exporters, small traders
Addressing media after the GST Council's 22nd meeting, Finance Minister Arun Jaitley announced several reforms in India's new tax regime.
06 Oct 2017
IndiaIndia's economic-slowdown an "aberration"; GST, a huge positive: World Bank
The World Bank said the recent Indian economic slowdown is an "aberration" due to temporary disruptions in the run-up to Goods and Services Tax, adding it will be rectified soon.
06 Oct 2017
IndiaGST Council meeting: Challenges, expectations and solutions
The GST Council is holding its 22nd meeting to decide on provisions of India's new tax regime. It comes even as the government has repeatedly promised reforms amid worries of an 'economic slowdown'.
05 Oct 2017
IndiaDon't get gloomy over one quarter of slow growth: PM
Narendra Modi, speaking at Institute of Company Secretaries of India's golden jubilee celebration, launched a tirade against "people who sleep well only after they spread a feeling of pessimism all around."
04 Oct 2017
World BankAfter Yashwant Sinha, Arun Shourie lambastes the government's economic policies
Former minister of Disinvestment, Communication and Information Technology in AB Vajpayee's government and senior BJP leader Arun Shourie has joined the band of leaders from within the party criticizing the government's policies.
03 Oct 2017
IndiaMake in India? When it comes to smartphones, not yet
India's goal of becoming a smartphone-making hub has hit a major roadblock due to lack of skilled labor and component makers.
30 Sep 2017
IndiaGST: Most businesses will be allowed to file monthly returns
In a bid to smooth out the creases in the new GST regime, the government is now looking to allow most businesses to file quarterly returns as opposed to the earlier requirement of monthly filings.
29 Sep 2017
IndiaJaitley vs Sinha: Jaitley calls Sinha "job applicant at 80"!
The war of words between BJP and former FM and senior BJP leader Yashwant Sinha reached new heights as FM Arun Jaitley hit back calling him a "job applicant at 80."
26 Sep 2017
IndiaSBI reduces minimum balance limit to Rs. 3,000; reduces penalty
India's largest lender State Bank of India (SBI) has now brought down the monthly average balance (MAB) limit, for metros, on saving accounts from Rs. 5,000 to Rs. 3,000.
24 Sep 2017
Narendra ModiPM Modi to address the BJP on Monday
The BJP's two-day national executive meeting which began today in New Delhi might be the perfect platform for PM Modi to lay out his government's economic and political agenda, in the midst of growing economic concerns.
24 Sep 2017
BusinessGST unlikely to affect festive season offers and sales
According to the senior VP-Categories of ShopClues, Nitin Kochhar, GST is unlikely to have any impact on the various sales and offers being given on different e-commerce platforms, including ShopClues, to mark the festive season.
20 Sep 2017
JaipurCheque books of six SBI subsidiary banks to become invalid
Cheque books and IFSC codes of six subsidiary banks of SBI would become invalid post September 30, the country's biggest public lender announced.
19 Sep 2017
IndiaSBI is now reviewing minimum balance charges for savings accounts
According to reports, India's largest lender State Bank of India (SBI) has informed that it will re-evaluate non-maintenance of monthly average balance (MAB) charges for certain categories of accounts.
17 Sep 2017
IndiaUnion Minister Dharmendra Pradhan proposes bringing petroleum products under GST
Petroleum and Natural Gas Minister Dharmendra Pradhan has requested Finance Ministry to include petroleum products under GST ambit.
14 Sep 2017
IndiaWholesale price inflation touches four-month high at 3.24%
Wholesale price inflation in India rose to 3.24% in August, double that of 1.88% in July. It was the fastest rise in four months. Last August, it was 1.09%.
10 Sep 2017
IndiaGST: Car prices will increase; daily-use items made cheaper
Mid-sized cars, luxury cars, and SUVs are set to see an increase in prices after the GST Council decided to levy an additional cess on them.
10 Sep 2017
IndiaBJP Chief raps India Inc for their negative attitude
Barely a fortnight after India's dismal growth figures were released, Bharatiya Janata Party (BJP) chief Amit Shah, speaking at a Federation of Indian Chambers of Commerce and Industry (FICCI) event, said that industry majors should stop complaining about the reforms that are being undertaken by the NDA government
07 Sep 2017
BengaluruBengaluru: Handloom and handicraft manufacturers organize "Tax Denial Satyagraha"
"Tax Denial Satyagraha" was held at Bengaluru's Town Hall to oppose GST on khadi products and items made from coir, jute, and grass.
07 Sep 2017
Narendra ModiModi defends demonetization in a speech to Myanmar's Indian diaspora
PM Narendra Modi, on his first bilateral visit to Myanmar, defended his government's demonetization decision, while addressing the Indian diaspora.
03 Sep 2017
IndiaGST Update: Government waives penalty on late returns for July
Bringing much-needed relief, the Center, on the recommendations of the GST Council, has decided to not impose the fine of Rs. 200 per day on those who haven't been able to file their GST returns within the deadline. Note: This relaxation is only in place for July.
02 Sep 2017
OdishaExempt GST from handloom and handicraft products, urges Odisha CM
Odisha Chief Minister Naveen Patnaik has written a letter to Prime Minister Narendra Modi saying that handloom and handicraft products of the state should be exempted from the Goods and Services Tax (GST).
02 Sep 2017
IndiaModi asks tax officials to be friendly towards honest taxpayers
In India, tax officials are usually feared. Maybe it has something to do with the public perception of them.
31 Aug 2017
IndiaPost-GST, fewer customers having to pay service charge
Looks like the government's awareness drive on the voluntariness of paying service charge at restaurants as well as the new GST regime are producing results.
31 Aug 2017
MumbaiMumbai: Ganpati made from "zero GST" items in Mulund
Mumbai's Shri Niwas Ganeshotav's Ganpati members in Mulund decided to highlight the positives of the "controversial" GST in a unique manner.
30 Aug 2017
IndiaLuxury cars/SUVs to cost more as govt okays cess hike
The Centre today approved a 10% hike in cess on luxury cars and SUVs - from 15% to 25%. This is in addition to sales tax.
30 Aug 2017
IndiaGST collection in July exceeds target, more revenue expected
As per reports, in July i.e. the first month under the Goods and Services Tax (GST) regime, the government has raked a whopping Rs. 92,283 crore as revenue, exceeding the target that it had set for itself.
29 Aug 2017
IndiaThe Tirupati Temple has just deposited 2,780kg gold with SBI
Guessing which is India's richest Hindu temple isn't hard, but estimating exactly how much it owns might be difficult.
29 Aug 2017
IndiaFuture Group wants to expand brand presence in tier-II cities
Future Group plans on increasing the proliferation of its smaller format stores in tier II and III cities.
