Gst One Year
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Opinion: GST, Historical Tax Reform, At 5 Years, Has Lost Its Way
Five years ago, India's federal and state governments struck a historic deal. From July 1, 2017, a uniform tax on goods and services - marketed by Prime Minister Narendra Modi as "One Nation, One Tax, One Market" - replaced a bewildering array of loc
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GST Had Serious Birth Defects, Worsened Over Last 5 Years: P Chidambaram
The Congress on Friday demanded that the current Goods and Services Tax (GST) law should be scrapped and a new one with a single low slab be brought in its place, claiming the existing law has "serious birth defects".
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GST Shift "Smoothest, Politically Safe": Arun Jaitley's Review 2 Years On
Former Union Minister Arun Jaitley today said the Goods and Services Tax -- the flagship reform of the Modi 1.0 government which completes two years today -- has been both consumer and assessee friendly. The transformation has proved "one of the smoothest". That it was "politically safe" was proved by the BJP's performance in Gujarat, particularly ...
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Only 35 Goods, Including Air Conditioners, Remain In Highest GST Bracket
The GST Council has pruned the 28 per cent slab by cutting tax rates on 191 goods over the last one year, leaving just 35 items, including ACs digital cameras, video recorders, dishwashing machine and automobiles, in the highest tax bracket.
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GST Worked Well, Generated Sufficient Revenue: Piyush Goyal
Finance Minister Piyush Goyal has said that the Goods and Services Tax (GST) has worked well in past one year and has generated sufficient revenue.
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GST Implementation Not Disruptive, Best Yet To Come, Says Arun Jaitley
Emphasizing that India has been able to implement the major indirect tax reform GST in the least disruptive manner, Union Finance Minister Arun Jaitley said the best of the new regime in terms of contribution to the society was yet to come.
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18 Per Cent More Direct Taxes Collected After GST, Says Arun Jaitley
Union minister Arun Jaitley said today there was an increase of 18 per cent in direct taxes last year due to the Goods and Services Tax or GST and demonetisation. In the last four years of NDA government, there has been an increase of 1.5 per cent in overall taxes, the minister said.
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GST Day Live Updates: Centre Celebrates One-Year Of Tax-Reform
On the completion of one year of the rolling out of the GST plan, the government is to celebrate GST Day today at the Ambedkar International Centre to mark the first anniversary of the launch of the new indirect taxation regime. Terming GST as a "fitting tribute to spirit of cooperative federalism", the Finance Ministry said the first year has been...
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GST Helpline Number For Consumers Soon: Piyush Goyal
Union Minister Piyush Goyal on Saturday said that a telephone helpline number will be started soon, where consumers can report against those traders who evade tax by not issuing purchase bill.
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"Grossly Scary Tax", Says Congress On GST's First Anniversary
As the Goods and Services Tax (GST) roll-out completes one year on July 1, the Congress on Saturday described it as a "Grossly Scary Tax" and said the promise of a "single tax GST" still remains a pipe dream.
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A Year Since Notes Ban, Surat Textile Traders Say GST Brought Bigger Worries
For what was once a bustling trade centre and one of India's biggest textile hubs, it's hard to believe Surat's textile markets now bear a deserted look. Traders say it is because of the devastating effect of the Goods and Services Tax or GST coupled with a low business Diwali which resulted in an extended break.
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In Gujarat, Rahul Gandhi Derides Arun Jaitley Over Ease Of Doing Business
As he moved through Bharuch in South Gujarat, driving from one public meeting to another, the crowds surged, forcing Rahul Gandhi to clamber out of his bus and onto an open-top vehicle. This is Mr Gandhi's third foray to Gujarat to appeal to people to give his Congress party a chance; for 22 years, the state has been loyal to the BJP
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'Sought Meeting With PM Modi, Still Waiting A Year Later,' Says Yashwant Sinha
Veteran BJP leader Yashwant Sinha today said he had sought to meet Prime Minister Narendra Modi a year ago, but is yet to get an appointment. After his extreme indictment of the government's role in the economic slowdown, the 79-year-old has also said, "I stand by my analysis."A
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Gujarat Goes On Gold Buying Spree As GST Council To Decide Rate Tomorrow
Hardik Rana has a wedding coming up in the family early next year but the Ahmedabad entrepreneur is already out shopping for gold. And he isnt the only one hurriedly picking for the yellow metal over fears that the tax might go up once the Goods and Services Tax kicks in next month.
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Goods and Services Tax: ICMAI To Train 15 Lakh Traders In GST Basics
The Institute of Cost Accountants of India (ICAI) will train 15 lakh traders from across the country in the next one year in GST basics, its President Manas Kumar Thakur said today.
-
Opinion: GST, Historical Tax Reform, At 5 Years, Has Lost Its Way
Five years ago, India's federal and state governments struck a historic deal. From July 1, 2017, a uniform tax on goods and services - marketed by Prime Minister Narendra Modi as "One Nation, One Tax, One Market" - replaced a bewildering array of loc
-
GST Had Serious Birth Defects, Worsened Over Last 5 Years: P Chidambaram
The Congress on Friday demanded that the current Goods and Services Tax (GST) law should be scrapped and a new one with a single low slab be brought in its place, claiming the existing law has "serious birth defects".
-
GST Shift "Smoothest, Politically Safe": Arun Jaitley's Review 2 Years On
Former Union Minister Arun Jaitley today said the Goods and Services Tax -- the flagship reform of the Modi 1.0 government which completes two years today -- has been both consumer and assessee friendly. The transformation has proved "one of the smoothest". That it was "politically safe" was proved by the BJP's performance in Gujarat, particularly ...
-
Only 35 Goods, Including Air Conditioners, Remain In Highest GST Bracket
The GST Council has pruned the 28 per cent slab by cutting tax rates on 191 goods over the last one year, leaving just 35 items, including ACs digital cameras, video recorders, dishwashing machine and automobiles, in the highest tax bracket.
-
GST Worked Well, Generated Sufficient Revenue: Piyush Goyal
Finance Minister Piyush Goyal has said that the Goods and Services Tax (GST) has worked well in past one year and has generated sufficient revenue.
-
GST Implementation Not Disruptive, Best Yet To Come, Says Arun Jaitley
Emphasizing that India has been able to implement the major indirect tax reform GST in the least disruptive manner, Union Finance Minister Arun Jaitley said the best of the new regime in terms of contribution to the society was yet to come.
-
18 Per Cent More Direct Taxes Collected After GST, Says Arun Jaitley
Union minister Arun Jaitley said today there was an increase of 18 per cent in direct taxes last year due to the Goods and Services Tax or GST and demonetisation. In the last four years of NDA government, there has been an increase of 1.5 per cent in overall taxes, the minister said.
-
GST Day Live Updates: Centre Celebrates One-Year Of Tax-Reform
On the completion of one year of the rolling out of the GST plan, the government is to celebrate GST Day today at the Ambedkar International Centre to mark the first anniversary of the launch of the new indirect taxation regime. Terming GST as a "fitting tribute to spirit of cooperative federalism", the Finance Ministry said the first year has been...
-
GST Helpline Number For Consumers Soon: Piyush Goyal
Union Minister Piyush Goyal on Saturday said that a telephone helpline number will be started soon, where consumers can report against those traders who evade tax by not issuing purchase bill.
-
"Grossly Scary Tax", Says Congress On GST's First Anniversary
As the Goods and Services Tax (GST) roll-out completes one year on July 1, the Congress on Saturday described it as a "Grossly Scary Tax" and said the promise of a "single tax GST" still remains a pipe dream.
-
A Year Since Notes Ban, Surat Textile Traders Say GST Brought Bigger Worries
For what was once a bustling trade centre and one of India's biggest textile hubs, it's hard to believe Surat's textile markets now bear a deserted look. Traders say it is because of the devastating effect of the Goods and Services Tax or GST coupled with a low business Diwali which resulted in an extended break.
-
In Gujarat, Rahul Gandhi Derides Arun Jaitley Over Ease Of Doing Business
As he moved through Bharuch in South Gujarat, driving from one public meeting to another, the crowds surged, forcing Rahul Gandhi to clamber out of his bus and onto an open-top vehicle. This is Mr Gandhi's third foray to Gujarat to appeal to people to give his Congress party a chance; for 22 years, the state has been loyal to the BJP
-
'Sought Meeting With PM Modi, Still Waiting A Year Later,' Says Yashwant Sinha
Veteran BJP leader Yashwant Sinha today said he had sought to meet Prime Minister Narendra Modi a year ago, but is yet to get an appointment. After his extreme indictment of the government's role in the economic slowdown, the 79-year-old has also said, "I stand by my analysis."A
-
Gujarat Goes On Gold Buying Spree As GST Council To Decide Rate Tomorrow
Hardik Rana has a wedding coming up in the family early next year but the Ahmedabad entrepreneur is already out shopping for gold. And he isnt the only one hurriedly picking for the yellow metal over fears that the tax might go up once the Goods and Services Tax kicks in next month.
-
Goods and Services Tax: ICMAI To Train 15 Lakh Traders In GST Basics
The Institute of Cost Accountants of India (ICAI) will train 15 lakh traders from across the country in the next one year in GST basics, its President Manas Kumar Thakur said today.
