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India GST News

01 May 2019

GST collection scales record high of Rs 1.13 lakh cr in April

Total number of summary sales return GSTR-3B filed for the month of March up to April 30 stood at 72.13 lakh. April is the first month of 2019-20 fiscal.

GST insurance scheme

11 Jan 2019

Govt plans insurance scheme for GST-registered small traders

This could be based on the scheme being operated by the Uttar Pradesh government for traders.

India growth rate

29 Jun 2018

IMF suggests 3 steps to India to sustain high growth rate

The IMF Board is tentatively scheduled to meet on July 18 for its annual meeting on India.

GST council meeting

04 May 2018

GST Council meeting ends; approves making GST-network a government entity

The meeting comes at a time when Goods and Services Tax (GST) collections achieved its record high by exceeding Rs 1 lakh crore milestone in April.

GST council meeting

03 May 2018

GST Council meet on Friday; simplification of return form on agenda

The Union Finance Minister Arun Jaitley-chaired council, comprising state finance ministers, will meet through video conferencing.

April 2018 GST collection

01 May 2018

April GST exceeds Rs 1 lakh cr, Arun Jaitley calls it a landmark achievement

GST collection in April surpassed Rs 1 lakh crore to Rs 1,03,458 crore.

April 2018 GST collection

01 May 2018

GST collection in April surpasses Rs 1 lakh crore to Rs 1,03,458 crore

The government rolled out the GST regime from July 1 last year.

30 Oct 2017

Make GST inclusion in MRP mandatory, suggests GoM

Among other things, the GoM also suggested lowering the fees for delayed filing of returns to Rs 50 a day from Rs 100.

27 Sep 2017

PM Modi reviews banking, GST, 9 infra projects at Pragati interaction

Modi also called for sustained efforts to boost digital payments and work towards a less cash society.

28 Jun 2017

Ready or not, Indian businesses brace for biggest-ever tax reform

Businessman Pankaj Jain is so worried about the impending launch of a new sales tax in India that he is thinking of shutting down his tiny textile factory for a month to give himself time to adjust.

19 Aug 2016

Industry chambers meet Adhia, discuss model GST law

Raising concerns over the model GST law, industry chambers today sought more clarity on various issues like dual administrative control, discretionary power of tax authorities and taxation of electricity.

Constitutional amendment bill

03 Jul 2015

Traders against proposed GST; say it is more complex

With the government hopeful of passing Constitutional amendment bill on the Goods and Services Tax (GST) in the forthcoming Parliament session, traders are opposed to it, saying that in the current form, it is more complex and needs to be simplified.

09 May 2015

GST Bill should be sent to Select Committee: Manmohan Singh

The passage of the bill however seems unlikely in this session.

Empowered Committee

08 May 2015

GST meet: Consensus on imports and registration

The Empowered Committee of state finance ministers on GST have reached a consensus on issues related to imports, registration and authorised GST network company to go ahead with preparation of IT platform for GST.

01 May 2015

Govt hopeful of getting GST Bill passed in LS next week

The government is hopeful of getting the GST Constitution Amendment Bill passed in the Lok Sabha next week, paving the way for implementation of the new indirect tax regime from April 2016.

Nirmala Sitharaman

12 Aug 2014

GST to be a reality soon: FinMin

Minister of State for Finance Nirmala Sitharaman also emphasised that the NDA government has zero tolerance towards corruption and would focus on "accountability in the tax administration".

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