GST

IMF chief economist throws his weight behind Narendra Modi

Maurice Obstfeld, however, supports the RBI, saying the central bank's independence is a must for ensuring financial stability.

Dec 10, 2018

FinMin extends deadline for filing GST annual returns till March 31

The annual returns form in which businesses registered under the GST have to provide consolidated details of sales, purchases and input tax credit (ITC) benefits accrued to them during 2017-18 fiscal was notified in September.

Dec 8, 2018

Cargo containers are seen stacked outside the container terminal of Jawaharlal Nehru Port Trust

Modi govt plans rationalisation of customs duty structure

Regulations will mirror GST and reduce interaction between traders and officers with online clearance facility

Dec 3, 2018

Tax evasion of Rs 29,088 crore detected in 1,835 cases during April-October 2018

The total number of cases where service tax was evaded stood at 1,145 involving Rs 22,973 crore. In the case of central excise duty, the DGGI detected 119 cases where tax evaded was worth Rs 1,553 crore.

Nov 21, 2018

Chidambaram responds to PM Modi's challenge, lists non-Gandhi Congress presidents

On Friday, Modi had slammed Congress after MP Shashi Tharoor's remarks that a "chaiwala" (tea-seller) became the Prime Minister because of Jawaharlal Nehru's commitment to democracy.

Nov 17, 2018

Bengaluru: Rs 1,200 crore GST fraud busted; 3 held for creating fake invoices

GST officials in Bengaluru have arrested three people for their involvement in creating fake GST statements of Rs 1,200 crore and for invading a tax amount of Rs 200 crore.

Nov 15, 2018

GST-based calculation confusing? Here are the new Casio calculators for India

Christened MJ-120 GST and MJ-12 GST, the calculators have been designed for the Indian market and priced at Rs 398 and Rs 475, respectively.

Nov 12, 2018

PM Modi hailed as 'most influential statesman of modern India'; But is Modi-fication really working?

A Chinese daily says how people perceive Modi's policies will decide the course of the 2019 general elections and the direction the country will take.

Aug 4, 2018

Who is Vijay Ratnakar Gutte? The Accidental Prime Minister director arrested for Rs 34 crore GST fraud

The director of The Accidental Prime Minister, Vijay Ratnakar Gutte, has been booked under the CGST Act, which pertains to "wrongful availment" of input tax credit using bills and invoices issued without any supply of goods or services.

Aug 3, 2018

GST Council cuts rate on over 50 products; relief for traders and consumers

Prime Minister Narendra Modi is seeking a second term in 2019 amid voter frustration over the abrupt implementation of a nationwide Goods and Services Tax (GST) a year ago that has hit businesses and general public hard.

Jul 22, 2018

GST is a failure, it should be taken back: Subramanian Swamy

Bharatiya Janata Party (BJP) leader Subramanian Swamy lashed out at Goods and Service Tax (GST) on Sunday.

Jul 1, 2018

Thousands left jobless in Tamil Nadu as small, medium industries close

Sharp decline in number of registered MSME industries, employees due to several issues. Many cite Good and Services Tax or GST as key factor for the fall.

Jun 9, 2018

How can Modi-Shah combine ensure BJP retains power in 2019?

Can Modi win clear majority in 2019? He can, if he does these 5 things

The verdict in the recent elections to the Karnataka assembly has something for everyone across the country, especially for those who live outside that state and did not follow the outrageous coalition negotiations up close.

May 29, 2018

71.9% of Indians want to see Narendra Modi as their PM again in 2019, says online poll

Modi is often slammed for not doing enough for job opportunities for the youth. The online poll, indeed proved it right, when 28.3 percent of the people who took the survey said that lack of employment-generation is Modi's biggest failure.

May 26, 2018

E-way bill to roll out from April 1: Facts to know

Starting Sunday, when moving goods worth more than Rs 50,000 between two states or even within a state in India, the transporter needs to carry an e-way bill under the Goods and Services Tax (GST) regime.

Mar 31, 2018

India's GST among highest rate, most complex tax regimes worldwide: World Bank

Finance minister Arun Jaitley has said there's scope to merge 12 percent and 18 percent slabs in order to make it more transparent, efficient and tax payer-friendly.

Mar 16, 2018

Ram Gopal Varma to file multiple cases against a news channel over God, Sex and Truth coverage

Troubles for Ram Gopal Varma have been mounting ever since his short film God, Sex and Truth was released online for public viewing last month.

Feb 20, 2018

Ram Gopal Varma angry with false news that he was not a part of God, Sex and Truth

Upset with the false news, filmmaker Ram Gopal Varma asked how he can deny directing Mia Malkova's God, Sex and Truth (GST) when his name is mentioned in the credits of its production.

Feb 19, 2018

Get ready to shell out more for your favorite restaurant meal

The increase in customs duty follows the removal of input tax credit when the Goods & Services Tax was introduced last year.

Feb 7, 2018

OPINION: Don't ask old blokes in Lutyens why big salary is their privilege, not yours

The salary hike for the President, VP and MPs invariably signals the outlook of the ruling classes.

Feb 1, 2018

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GST