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India's new tax regime News

29 Nov 2017

GST will become good and simple tax in a few months: Minister

Addressing the 116th annual session of the Merchants' Chamber of Commerce and Industry in Kolkata, Minister of State for Finance Shiv Pratap Shukla said by March, the GST will be simple enough for everyone to comprehend.

Toyota Kirloskar Motor

11 Jul 2017

No change in plans for hybrid vehicles post GST: Toyota

"We will continue with this journey of hybrid vehicles in India. Our commitment remains the same and we believe that this technology is good for environment," Toyota Kirloskar Motor Senior Vice President and Director N Raja told PTI here.

05 Jul 2017

J&K Assembly passes resolution for implementing GST amidst protest by Opposition

Jammu and Kashmir, the only state which failed to meet the June 30 timeline for the GST rollout, on Wednesday passed resolution for implementing India's new indirect tax regime amidst protest by opposition parties.

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.

20 Jun 2017

GST rollout to be historic, will set an example for the world: PM Narendra Modi

Prime Minister Narendra Modi on Tuesday termed the roll-out of the Goods and Services Tax (GST) from July 1 as "historic" and said that the world will witness how political parties of various ideological hues came together to usher in this major reform.

20 Jun 2017

GST rollout: Modi govt all set to ring in India's biggest tax reform at stroke of June 30 mid-night

Reminiscent of India's tryst with destiny at the mid-night of August 15, 1947, Parliament's historic Central Hall will host a function on the intervening night of June 30-July 1 to ring in the nation's biggest tax reform -- GST.

28 Apr 2017

GST rollout: FM Jaitley promises no surprises in rate fixation under new tax regime

Finance Minister Arun Jaitley on Friday promised not to spring any surprises in fixing tax rates under the new GST regime, saying they will not be "significantly different" from current levels.

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