Government Collects Rs. 7.41 Lakh Crore From GST In FY18, Says Finance Ministry
New Delhi: The government mobilised Rs. 7.41 lakh crore from the Goods and Services Tax (GST) during 2017-18, according to the finance ministry. The government rolled out the GST regime from July 1 last year. More...
From Income Tax Rules To New GST E-Way Bill; Changes That Came Into Effect From April 1
The new income tax (I-T) rules came in force from April 1. There are some major announcements and financial changes that came into effect from April 1, 2018, the first day of financial year, 2018-19. These includes More...
Over 68,000 companies registered since GST rollout: Corporate affairs minister
More than 68,000 companies have been registered in eight months following the implementation of the Goods and Services Tax (GST) regime, Union Minister PP Chaudhary said on Friday. GST, the country’s biggest More...
GST Council cuts tax rates on 29 items, discusses simpler return-filing process
The Goods and Services Tax Council (GST Council) on Thursday cut tax rates on 29 products and 54 services at its 25th meeting and agreed to make the process of filing tax returns simpler. At the meeting chaired More...
December quarter earnings likely to show first signs of revival post GST rollout
The first signs of a rebound in corporate earnings growth will likely be visible in the December quarter due to the favourable effect of a low base a year ago and higher consumer spending in the festive season, More...
Top 20 stocks which are likely to benefit the most from cut in GST rates
The GST Council slashed rates on 178 items to 18 percent from 28 percent on Friday, which could benefit stocks under consumers, light electrical and home building. The GST Council slashed taxes on all standalone More...
GST Council May Prune List Of Items In 28% Slab
Guwahati: The GST Council may on Friday consider reducing items in the 28 per cent tax slab and slash rates for daily use items, plastic products and hand-made furniture as it looks to provide relief to consumers. More...
Attempts to derail GST have failed, says Arun Jaitley
Despite “attempts to derail” the recently introduced Goods and Services Tax (GST), the states are adopting the new regime at a fast pace, finance minister Arun Jaitley has said. Jaitley was responding to a More...
8,000 Returns Uploaded Every Hour On GST Portal, Says Chairman
New Delhi: Businesses have flocked to the GST Network portal on the last day of filing initial returns for August with over 80,000 GSTR-3B being uploaded every hour, its Chairman Ajay Bhushan Pandey said today. Businesses More...
Arun Jaitley Asks Businesses Not To Wait Till Last Day To File GST Returns
New Delhi: With 75 per cent of businesses waiting till the last day to file August GST returns, Finance Minister Arun Jaitley today asked them to avoid last-minute rush for tax filing. He said the GST Network (GSTN) More...