PM reviews progress towards beginning of GST on July 1 The Prime Minister, Shri Narendra Modi, today reviewed the status of GST, which is to be implemented from July 1. The meeting, which lasted for over two and a half hours, was attended by Finance Minister Arun Jaitley, and top-most officials from the Ministry of Finance, PMO and the Cabinet Secretary. In the course … [Read more...] about PM reviews progress towards beginning of GST on July 1
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GST - Goods and Services Tax Council
15th Meeting of the GST Council to be held tomorrow, 3rd June, 2017
15th Meeting of the GST Council to be held tomorrow, 3rd June, 2017 Approval of amendments to the draft GST Rules and related forms and Finalisation of the rates of tax and cess on the remaining commodities are on the Agenda among others for tomorrow's meeting. The Union Minister for Finance, Defence and Corporate Affairs, Shri Arun Jaitley will chair the 15th Meeting of … [Read more...] about 15th Meeting of the GST Council to be held tomorrow, 3rd June, 2017
The Union Finance Minister, Shri Arun Jaitley: Goods and Services Tax (GST) is an efficient tax system which not only checks tax evasion but also helps evolving India to become very strong society
The Union Finance Minister, Shri Arun Jaitley: Goods and Services Tax (GST) is an efficient tax system which not only checks tax evasion but also helps evolving India to become very strong society FM inaugurates the National Academy of Customs, Indirect Taxes and Narcotics (NACIN) Campus in Bengaluru today Inaugurating the National Academy of Customs, Indirect Taxes and … [Read more...] about The Union Finance Minister, Shri Arun Jaitley: Goods and Services Tax (GST) is an efficient tax system which not only checks tax evasion but also helps evolving India to become very strong society
Proposed GST Tax rates would be lesser than the prevailing taxes in case of Sugar, Tea and Coffee
Proposed GST Tax rates would be lesser than the prevailing taxes in case of Sugar, Tea and Coffee (other than instant coffee) and Milk Powder; Present incidence of taxes on sugar is 8% while proposed GST rate on Sugar is only 5% i.e. 3% less; Similarly, present incidence of taxes on Milk Powder, Tea and Coffee (other than instant coffee) is 7% while proposed GST rate on … [Read more...] about Proposed GST Tax rates would be lesser than the prevailing taxes in case of Sugar, Tea and Coffee
Lower Tax Incidence on Entertainment Services under Goods and Services (GST) Tax
Lower Tax Incidence on Entertainment Services under Goods and Services (GST) Tax Service providers shall be eligible for full Input Tax Credits (ITC) of GST paid in respect of inputs and input services Taxes on entertainments and amusements (covered by the erstwhile entry 62 of State List of the Constitution) have been subsumed under Goods and Services Tax (GST) except to … [Read more...] about Lower Tax Incidence on Entertainment Services under Goods and Services (GST) Tax
GST council finalises tax on services; exempts education, healthcare
GST council finalises tax on services; exempts education, healthcare The all-powerful GST Council today finalised tax rates for services under the Goods and Service Tax (GST) regime, scheduled to kick-infrom July 1. Healthcare and education would be exempt from GST. Kerala Finance Minister Thomas Isaac said there will be four rates for services at 5, 12, 18 and 28 per … [Read more...] about GST council finalises tax on services; exempts education, healthcare
Government to strengthen agency under GST to check tax evasion
Government to strengthen agency under GST to check tax evasion New Delhi: Ahead of the planned GST rollout from July 1, the government is strengthening the body responsible for detecting tax evasion and will set up two new agencies, including one for business intelligence and analytics. With the goods and service tax (GST) subsuming central levies like excise duty, … [Read more...] about Government to strengthen agency under GST to check tax evasion
Filling up of the various posts of CSSS required to be filled up in the Office of GST Council Secretariat of Department of Revenue under Department of Expenditure
Filling up of the various posts of CSSS required to be filled up in the Office of GST Council Secretariat of Department of Revenue under Department of Expenditure No.25/32/2014-CS-II(A) Government of India Ministry of Personnel, Public Grievances and Pensions Department of Personnel & Training 3rd Floor, LokNayakBhawan, New Delhi-110 003. Dated the 21st April, … [Read more...] about Filling up of the various posts of CSSS required to be filled up in the Office of GST Council Secretariat of Department of Revenue under Department of Expenditure
Government may table 4 GST bills in Parliament today: Minister
Government may table 4 GST bills in Parliament today: Minister New Delhi: The government may table four GST supplementary legislations in Parliament today, a union minister said. We can do it today as well. A meeting on GST will be chaired by Finance Minister Arun Jaitley today, Minister of State for Finance Arjun Ram Meghwal said when asked about tabling of the four GST … [Read more...] about Government may table 4 GST bills in Parliament today: Minister
GST rollout from July 1 to make goods cheaper: Jaitley
GST rollout from July 1 to make goods cheaper: Jaitley New Delhi: Hopeful of the GST rollout from July 1, Finance Minister Arun Jaitley today said it will create one of the world's biggest single markets and make commodities cheaper and tax evasion difficult. Speaking at the 23rd Conference of the Commonwealth Auditor General, Jaitley said India has hugely a non-tax … [Read more...] about GST rollout from July 1 to make goods cheaper: Jaitley
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