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GST Council slashes rates on 29 items to zero per cent

New Delhi |Thursday, 2018 6:45:04 PM IST

The Goods and Services Tax (GST) Council on Thursday decided to slash rates on 29 items, mainly handicrafts, to zero per cent, according to Uttarakhand Finance Minister Prakash Pant.

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GST Council concerned over shortfall in collection

Bengaluru | Wednesday, Jan 17 2018 IST

Concerned over severe drop in tax collections, the GST Council is expecting the introduction of e-Way bill from February one to plug leakages and evasion of taxes and enhance the kitty. Briefing news

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Australian Open: Youngsters trouble top seeds (Roundup)

Melbourne |Wednesday, 2018 10:45:05 PM IST

Many of the top seeds at the Australian Open tennis tournament struggled through their second round matches here on Wednesday, as young guns put on a show for the 70,000 fans in attendance at Melbourn

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Meghwal assures GST on drip irrigation tools to be curtailed

New Delhi | Wednesday, Jan 17 2018 IST

Union Minister of State for Water Resources, River Development and Ganga Rejuvenation, Arjun Ram Meghwal on Wednesday assured the Indian companies that GST rates on tools and implements applicable to

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Bring petroleum, real estate under GST ambit: Congress

New Delhi |Wednesday, 2018 8:45:04 PM IST

A day ahead of the GST Council meeting, the Congress on Wednesday reiterated its demand for including petroleum products and real estate under the ambit of GST and said the government must consult all

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Lower GST collection indicates evasion by traders: Sushil Modi

Bengaluru |Wednesday, 2018 9:45:04 PM IST

The sharp drop in revenue collection under the Goods and Services Tax (GST) system indicated attempts to evade or suppress taxes, said Bihar Deputy Chief Minister Sushil Kumar Modi on Wednesday.

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Drop GST on Bio-diesel from 18 to 5 percent, demands industry

New Delhi |Wednesday, 2018 1:15:04 AM IST

Struggling to survive despite the government 's clean energy dream, biodiesel industies have demanded the Goods and Service Tax (GST) rate on them be slashed from the current 18 to 5 per cent.

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Real estate sector likely to come under GST from April 1: Expert

Mumbai |Tuesday, 2018 6:15:04 PM IST

To enhance transparency in property transactions, the GST Council is expected to bring the real estate sector under the purview of the unified indirect tax regime GST from April 1 next, an expert has

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IBMA urges Govt to reduce GST on Biscuit

New Delhi | Tuesday, Jan 16 2018 IST

Biscuit manufacturers, especially in the SME sector on Tuesday urged the Government to lower GST rate on biscuit and related products which is at 18 per cent. In a press conference, IBMA President BP

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GST Council meet on Jan 18, may consider rate revision for some items

New Delhi | Tuesday, Jan 16 2018 IST

The important meeting of Goods and Services Tax (GST) Council will held on January 18, 2018 which may consider reduction in GST rates for some selected items and amendment in GST related rules. The 2

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Bring petroleum and natural gas products under GST: CII

New Delhi |Tuesday, 2018 8:15:04 PM IST

Industry body Confederation of Indian Industry (CII) on Tuesday sought the inclusion of petroleum and natural gas products under the unified indirect tax regime GST at the earliest.

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Include Petro products in GST at earliest, continue C Forms till then: CII

New Delhi | Tuesday, Jan 16 2018 IST

The Confederation of Indian Industry (CII) has called for inclusion of Petroleum and Natural Gas under GST at the earliest. Till such time as this is done, C Forms should be continued to avoid high ta

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