GST: News
15 Apr 2018
iOSBengaluru: India's first air taxi service to get bigger
After a month since its launch in Bengaluru, HeliTaxii fleet is going to get bigger.
11 Apr 2018
MumbaiWith Octroi gone, Mumbai sees 105% spike in two-wheeler registration
More than 105% two-wheelers and 42% cars and SUVS have been registered in a year in Mumbai, thanks to the removal of a key BMC tax.
11 Apr 2018
IndiaIndia to grow 7.3% this fiscal, 7.6% in next: ADB
India's economic growth is expected to rebound to 7.3% this fiscal and further to 7.6% in 2019-20 with increased productivity post-GST and investment revival due to banking reform said the Asian Development Bank (ADB).
06 Apr 2018
Indian Railways5% GST levied on food, drinks supplied in trains, platforms
Clearing all doubts about GST on Railway services, the Finance Ministry confirmed a 5% GST would be levied on food and drinks supplied on trains and platforms.
06 Apr 2018
IndiaIncluding fuel-prices under GST will bring in rational tax-mechanism: Pradhan
Amid an uproar over higher fuel rates, Union Petroleum Minister Dharmendra Pradhan on Thursday said the inclusion of petroleum products under the ambit of the GST will bring the products under a rational tax mechanism.
01 Apr 2018
IndiaFive tax changes that kick into effect this financial year
A new financial year starts today, and with it, several new norms for taxpayers.
30 Mar 2018
IndiaE-way bill mandatory for inter-state movement of goods from Sunday
The electronic way (e-way) bill under the GST is going to be implemented on April 1 for the interstate transport of goods worth over Rs. 50,000 in India.
25 Mar 2018
IndiaTraders demand phase-wise rollout of e-way bill next month
The interstate e-way bill is going to be introduced from April 1 across India.
23 Mar 2018
GujaratRevenue important, can't put fuel under GST: Gujarat government
The BJP government in Gujarat today made it clear that it will not bring petrol and diesel under the ambit of Goods and Services Tax (GST) as doing so would make a significant dent in the state revenue.
21 Mar 2018
MumbaiThanks to Mumbai's sky-high prices, 1.09 lakh apartments lying unsold
Mumbai, which rules the country's property market, has seen sluggish real estate trade recently.
19 Mar 2018
MumbaiMumbai: Sena worker kills self; blames it on GST, demonetization
The Leader of Opposition in the Maharashtra Assembly, Radhakrishna Vikhe Patil, on MoNDAy, alleged that a Shiv Sena worker committed suicide while blaming his extreme step on demonetization and GST.
16 Mar 2018
FacebookMaharashtra: Jeweller hit by losses due to GST; kills self
A 32-year-old businessman today allegedly committed suicide after apparently facing losses due to demonetization and the introduction of the Goods and Services Tax.
15 Mar 2018
IndiaGST among most complicated tax-regimes, but has benefits: World Bank
India's new GST regime has the second highest tax rate among 115 countries with similar indirect tax systems, a World Bank report noted.
14 Mar 2018
IndiaWorld Bank projects India's FY19 GDP growth at 7.3%
World Bank on Wednesday projected India's GDP growth at 7.3% for the next financial year and accelerated further to 7.5% in 2019-20.
13 Mar 2018
State Bank of India (SBI)SBI reduces charges on non-maintenance of minimum balance
The State Bank of India on Tuesday reduced its charges on non-maintenance of an average monthly balance (AMB) in a savings account by up to 75%, effective 1 April.
11 Mar 2018
IndiaIndia seems to be recovering from demonetization disruptions: IMF
The International Monetary Fund (IMF) on Sunday said that the Indian economy now seems to be on its way to recovering from disruptions caused by demonetization and roll-out of goods and services tax (GST).
10 Mar 2018
IndiaGST: Inter-state e-way Bill to rollout starting April 1
The Goods and Services Tax (GST) Council announced on Saturday that the inter-state e-way Bill will be rolled-out in a phased manner starting April 1, 2018.
04 Mar 2018
Elections'Congress to focus on agriculture, employment to challenge BJP'
Ahead of polls in some states and the 2019 general elections, the Congress has decided to up the ante over issues related to agriculture, employment and poverty as it prepares to take on the ruling BJP, party sources said.
28 Feb 2018
World Bank15th Finance Commission to soon decide what populism is
In a first, the Finance Commission, which recommends how much money states should get out of the taxes collected by the central government, will define what a populist measure is and recommend incentives for states that do not resort to them.
25 Feb 2018
Sushil Kumar ModiAfter delays, e-way bills likely to go live from April
Two months after initial plans, the e-way bill system for inter-state movement of goods will likely become mandatory from April 1, reports said.
24 Feb 2018
iOSBengaluru: Airport to Electronic City in 15 mins? 'Heli' yeah
Rishabh landed at Kempegowda airport at 7AM, so he could attend his 10AM meeting at Electronic city. But the traffic consumed 3 hours and he missed his chance. Sounds familiar?
20 Feb 2018
SingaporeAfter surplus budget, Singapore to pay bonus to all citizens
In a rare occurrence, Singapore's citizens above 21yrs, will get a one-off "SG bonus," ranging from S$100 to S$300, depending on their income.
15 Feb 2018
KarnatakaBengaluru road to be constructed for whopping Rs. 43 crore/km
The construction cost of Bengaluru's 10.7km major arterial road (MAR) that will connect Magadi Road and Mysuru Road is going to be massive. According to a report, the road will be built for Rs. 43 crore/km.
11 Feb 2018
IndiaEight tax officers to handle your GST queries online
In light of mass complaints regarding lack of information about the GST, the Finance Ministry has roped in eight tax officers, all assistant commissioners, to answer related queries on Twitter/email with immediate effect.
07 Feb 2018
IndiaYashwant Sinha: FinMin Jaitley didn't apply his mind to Budget
Is rebel BJP leader Yashwant Sinha testing BJP central leadership's patience? Considering his recent statements, it would seem so.
01 Feb 2018
Confederation of Indian IndustryE-way bill system goes live today: All you should know
The e-way bill regime, devised as a tool to check tax evasion under GST, is rolling out nationwide today.
29 Jan 2018
IndiaIndia to grow 7-7.5% in FY18, retain fastest-growing economy tag
The Economic Survey 2017-18, tabled in the Lok Sabha at the start of the Budget Session, has pegged India's GDP growth in the next year at 7-7.5%.
27 Jan 2018
IndiaNew GST rate on house purchases for CLSS eligible buyers
The GST rate on buying houses has been reduced to 8% from the existing 12% for house purchases made under the credit-linked subsidy scheme (CLSS) under the Pradhan Mantri Awas Yojana (PMAY) Urban.
26 Jan 2018
Arun JaitleyAfter decline, GST collections rise to Rs. 86,703cr in December
After falling for two straight months, revenue collections under GST have risen marginally for December. The total collection in December was Rs. 86,703cr.
23 Jan 2018
RajasthanRajasthan Congress organizes 'LPG funeral' to protest rising prices
The Congress in Rajasthan is angry over rising prices, but it is creative too.
23 Jan 2018
IndiaFuel prices continue moving higher, govt mulls GST option
Petrol prices in Mumbai crossed the Rs. 80 mark yesterday for the first time since August'14.
21 Jan 2018
IndiaBudget-2018 process begins with 'Halwa Ceremony': Here's all about it
Finance Minister Arun Jaitley has officially kicked off the Union Budget 2018-19 process by performing the traditional pre-Budget "Halwa Ceremony" ahead of the Budget presentation on 1 February. This marked the inauguration of formal printing of all Budget-related documents.
18 Jan 2018
Arun JaitleyGST Council Meet: Rates on 29 goods, 53 services revised
At the 25th GST Council Meeting, convened in New Delhi, the highest decision-making authority on Goods and Services Tax (GST) has revised the tax rates on as many as 29 items and 53 services.
10 Jan 2018
IndiaWorld Bank predicts "enormous growth" for India, 7.3% in 2018-19
The World Bank has upgraded India's estimated GDP growth this fiscal year to 6.7% instead of the 6.5% estimate by the Indian government.
08 Jan 2018
IndiaIndian real estate: Should you invest now or not?
2017 was one of the worst phases for India's realty sector; even before it could recover from the Nov'16 demonetization blow, a slew of reforms like Real Estate Regulation Act and GST slowed the business.
29 Dec 2017
West BengalTo revive its tea industry, West Bengal sheds anti-business image
The West Bengal government under Mamata Banerjee has often faced criticism for failing to attract investments.
26 Dec 2017
IndiaIndia to overtake Britain, France, become fifth-largest economy by 2018
Despite a recent slowdown, India will overtake Britain and France to become the fifth-largest economy in dollar terms by 2018, a report has predicted.
19 Dec 2017
Sushil Kumar ModiJaitley: Government ready to include petrol, diesel under GST
FM Arun Jaitley announced that the government is prepared to bring petroleum products like petrol, diesel and LPG under the ambit of the goods and services tax (GST). They are now waiting for states' consensus to go ahead.
16 Dec 2017
IndiaGST Council: E-Way Bill system to be implemented from January
To facilitate seamless movement of goods across states, Finance Minister Arun Jaitley-led GST Council has decided to go for an early rollout of the nationwide "electronic-way bill system" under the GST regime.
10 Dec 2017
Jawaharlal Nehru UniversityBHU MA exams test students on GST, Padmavati and BJP
The Banaras Hindu University's (BHU) ongoing MA examinations have ruffled a few feathers. Many have criticized the questions set in papers like political science and history as ones with a "definite agenda".
