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NewsGoods and Services Tax (GST) regime

Goods and Services Tax (GST) regime News

Prime Minister Narendra Modi

30 Jul 2017

World will study India's GST experiment one day: Narendra Modi

He said the pace at which the transition from the old tax regime to the GST has taken place, along with rapid migration and new registrations, has instilled a new sense of confidence in the entire country.

30 Jul 2017

Subdued demand may force relook at GST composition scheme

With just about one lakh of 70 lakh businesses opting for GST Composition Scheme, tax authorities are reviewing why the scheme that allowed such entities to pay a fixed 1-5 percent tax, has not clicked.

15 Jul 2017

GST registration closes on July 30

To take the registration, a trader needs to file an online application on the portal https://www.gst.gov.in/ for which a valid PAN, email id and a mobile number is a must.

13 Jul 2017

No GST on housing society RWA with Rs 5000 per month subscription

Resident welfare association will be required to pay GST on monthly subscription/contribution charged from its members if such payment is more than Rs 5,000 per member and the annual turnover of RWA by way of supplying of services and goods is also more than Rs 20 lakhs.

08 Jul 2017

Taxmen can't visit shopkeeper's premises without authorisation

The finance ministry came out with a clarification after reports suggested that some unscrupulous elements posing as GST officers have tried to fleece shopkeepers and customers in the name of GST.

Goods and Services Tax (GST) regime

07 Jul 2017

Education not expensive under GST: Govt

Refuting reports that education would become costlier under GST, an official statement said mid-day meal scheme as well as security, cleaning and housekeeping services performed in educational institutions up to higher secondary are also exempt from GST.

03 Jul 2017

Twitter records over 1 million conversations on GST

From #GSTIndia to #GSTForCommonMan, people took to Twitter to express their opinions and conversations about Goods and Services Tax (GST).

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