GST return filing date extended till August 25

Traders across the country faced problems on Saturday due to the technical snag and could not file GST returns.

1 day ago

Crash course: GST website back on line after buckling under filing stampede

The last date for businesses to file the GSTR-3B form for July is 20 August.

2 days ago

Indian railway projects worth Rs 1 lakh crore halt over GST confusion

Before GST was introduced, contractors had to pay a maximum of 4 percent service tax depending on the state but after the new tax system was launched, a GST of 18 percent was imposed.

2 days ago

Only rhetoric, no major reforms till 2019 polls: Report

Closer to the polls, Modi might consider deploying his political capital more to boost BJP's 'nationalist' credentials rather than its 'reformist' image, said Barclays India chief economist.

7 days ago

Achieving 7.5% GDP growth in FY '18 difficult: Economic Survey 2017

The survey noted that farm loan waivers could reduce aggregate demand by as much as 0.7 percent of gross domestic product (GDP), imparting a significant deflationary shock to the economy.

10 days ago

DeMo, RERA and GST will be economy boosters in the long term

Increased consolidation and transparency along with launch of REITs (Real Estate Investment Trusts) will catalyse investment inflows.

10 days ago

Online travel booking to get expensive under GST

The Central Board of Excise and Customs has categorised an e-commerce operator as someone who works for or manages the electronic platform for e-commerce, and is allowed to collect 1 percent of the net value of taxable supplies made through it.

12 days ago

Rupee expected to appreciate 1.1% by year-end

Rupee is one of the best performing emerging market currencies this year, thanks to foreign fund inflows.

14 days ago

Doklam crisis: While seeing China eye to eye, is India taking enough care of Bhutan?

While India has taken on the Chinese to protect its traditional friend Bhutan, ground reality in Druk Yul suggests that not all are okay in New Delhi's relation with Thimpu. Are we taking enough for our little neighbour?

14 days ago

No 'achhe din' for luxury cars, SUVs; GST council approves STEEP hike in cess

The proposed hike in cess levied on luxury cars and SUVs will take the total tax to 53 percent from the current 43 percent.

14 days ago

GST Council: E-way bill provisions finalised, relief for textile works, tractor parts

The council also approved setting up anti-profiteering committees in all states and the Centre in the next 15 days to ensure that industries pass on the benefits of input tax credit to customers.

15 days ago

Arun Jaitley promises guidance notes on GST

Touted to be one of India's most ambitious economic reforms in 70 years, GST is said to eventually boost tax receipts and provide simplicity for businesses.

16 days ago

GST sounds death knell for hybrid cars: Hyundai may shelve plans after Mahindra

Under the GST, the hybrid vehicles have been taxed at the highest rate of 28 percent with an additional 15 percent cess.

16 days ago

E-way rules likely to be notified on August 5, says GST Council

The Council is likely to review and finalise a mechanism to operationalise the anti-profiteering provision.

17 days ago

Above the table: GST gets it right on the money

The landmark reform's biggest loophole will appear in the form of our systemic inability to discard old paradigms.

21 days ago

GST is a historic achievement: PM Narendra Modi

Over 12 lakh businesses have applied for fresh registration under the GST, revenue Secretary Hasmukh Adhia said.

22 days ago

Maruti Suzuki Q1 profit rises 4.4%; misses analyst estimates

But the car maker missed estimates, as rise in commodity prices and the GST impact ate into its earnings pie.

25 days ago

Hope for hybrid cars as GST Council may quash 15% cess

Under GST, hybrid cars attract 43 percent total levies (28 percent tax and 15 percent cess).

25 days ago

Is this why online booking for Bengali films stopped temporarily in West Bengal?

The West Bengal government has declared a rebate of seven percent on every movie tickets priced up to Rs 100.

27 days ago

Government hints at crackdown on GST evaders: Report

While tax evaders will be tracked using their income tax data, the GSTN will analyse data provided by taxpayers and rate them accordingly.

Jul 22, 2017