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GST launch News

01 Jul 2017

GST will end 'inspector raj', boost economic growth: Amit Shah

Praising President Pranab Mukherjee and Prime Minister Modi for the GST launch, he said the midnight witnessed India's biggest tax reform since Independence.

Union Finance Minister

01 Jul 2017

GST will help in lowering inflation, propelling GDP: Arun Jaitley

Finance Minister Arun Jaitley said rollout of the GST will ease inflation, make tax avoidance difficult and boost GDP growth.

Arun Jaitley's speech

30 Jun 2017

Finance Minister Arun Jaitley's full speech in parliament on occassion of GST launch: Watch Video

Arun Jaitley speaking in parliament on the occasion of the launch of the Goods and Services Tax (GST).

Union Finance Minister Arun Jaitley

30 Jun 2017

GST will open India to new limitless possibilities: Arun Jaitley

Jaitley said India has done this at a time when the world is facing slow growth, isolationism and the lack of structural reforms.

30 Jun 2017

India's biggest tax reform GST launched at Parliament's Central Hall

The historic Goods and Services Tax (GST) was launched by President Pranab Mukherjee and Prime Minister Narendra Modi at midnight today unveiling the new tax regime replacing overnight the messy mix of more than a dozen state and central levies.

30 Jun 2017

With GST, India embarks on a new economic system: PM Modi

India's 1.25 crore people will witness tonight's historic midnight launch of GST, PM Modi said.

02 Jul 2017

Pay more for bank services, premium, credit card bills

Under the Goods and Services Tax, effective Friday midnight, most of the financial services would attract a higher tax of 18 per cent as against 15 per cent as of now.

30 Jun 2017

No need to worry about foreign investors perception on GST: Narayana Murthy

Asked what GST means for India in economic terms globally if the country boosts its GDP by two per cent ahead of China, he pointed out that China has the second largest economy in the world, whose GDP was four times that of India.

30 Jun 2017

Lesser talktime, higher phone bills under GST regime

Under the Goods and Services Tax (GST), telecom services would be taxed at 18 percent compared to 15 percent currently.

Confederation of All India Traders (CAIT)

30 Jun 2017

Traders hope GST to end 'miseries faced under VAT regime': CAIT

The nation-wide Goods and Services Tax (GST), which comes into effect from midnight, will overhaul India's convoluted indirect taxation system and unify the USD 2 trillion economy with 1.3 billion people into a single market.

Goods and Services Tax (GST)

30 Jun 2017

Restaurants to bill differently on Friday, pre midnight and post

Diners may be presented with two bills in some places -- one before Friday midnight, and one after 12 AM.

30 Jun 2017

Effective GST rate on under-construction real estate at 12%

On Thursday, the government hiked the GST rate for the construction sector to 18 percent from 12 percent but removed land value from computation of tax liability.

Goods and Services Tax (GST)

30 Jun 2017

'One crore traders, businessmen to come under GST ambit'

The Minister of State for Civil Aviation said that multiple rates were needed under the GST in efforts to ensure price stability and revenue neutrality.

30 Jun 2017

GST to provide huge impetus to economy: India Inc

The nationwide Goods and Services Tax (GST) will overhaul India's convoluted indirect taxation system and unify the over USD 2 trillion economy with 1.3 billion people into a single market.

Goods and Services Tax (GST)

30 Jun 2017

GST to make India a simpler, more revenue generating economy

GST will be rolled out nation-wide from Friday midnight, overhauling India's convoluted indirect taxation system and unifying the over USD 2 trillion economy with 1.3 billion people into a single market.

30 Jun 2017

GST from July 1: What will be cheaper

30 Jun 2017

FM on GST: GST rates are lesser than current Tax rates

30 Jun 2017

Transport Minister: Prices of small segment cars won't be increased post GST

30 Jun 2017

Money guru: Watch how will GST rates impact your pocket (Part-2)

30 Jun 2017

GST rollout: Telecom services, mobile phones to be expensive

Telephone bills and mobile handset prices will go up from July 1 when the new Goods and Services Tax regime kicks in, raising incidence of taxation on the telecom sector.

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