News Updates

Wed, 14 Nov 2018 02:12:03 GMT

How will GST, demonetisation affect BJP's chances in MP? Traders are split - Business Standard

How will GST, demonetisation affect BJP's chances in MP? Traders are splitThen, we came into GST and that boosted the demand. There are two verticals for the organised sector. Ease of taxation and ease of competitiveness. GST did away with CST, octroi, entry tax and what not and created a single platform where competition's ...

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Tue, 13 Nov 2018 17:38:00 GMT

GST, infrastructure status props up warehousing realty growth - The ... - Economic Times

Economic TimesGST, infrastructure status props up warehousing realty growth - Economic TimesMUMBAI: The implementation of the Goods & Services Tax (GST) has sparked significant structural shifts in the Indian warehousing segment with smaller and ...Casio launches GST calculator in India starting at Rs 395 | The Indian Expressall 2 news articles »

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Tue, 13 Nov 2018 15:58:38 GMT

Over 2 lakh assessees who migrated from VAT regime opt out of GST net - The Hindu BusinessLine

Over 2 lakh assessees who migrated from VAT regime opt out of GST netThese are assessees who migrated from the VAT (Value-Added Tax) regime to the GST regime. A senior Finance Ministry official told BusinessLine: “Turnover of these assessees are below the threshold of ₹20 lakh (₹10 lakh in some States), which means ...

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Tue, 13 Nov 2018 09:44:01 GMT

Is GST derailing the retail sector - https://www.indianretailer.com/

Is GST derailing the retail sector“I am not from a retail background,” American businessman and investor Edward Lampert, who was bullish on retail stocks, said. “But I am a shopper,” he added. So it is with the Goods and Services Tax (GST). The success of a consumption tax ultimately ...

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Tue, 13 Nov 2018 04:21:37 GMT

Why Anti-Profiteering Investigator Wants HUL To Pay Three Times More - BloombergQuint

Why Anti-BloombergQuintHUL, in its earnings press conference in October, said the directorate didn't agree with the practice of increasing the weight of a pack instead of lowering prices to pass on the benefit of lower GST rates. “We're explaining to them (the NAA) that it's ...

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Mon, 12 Nov 2018 17:59:55 GMT

View: Former RBI governor Raghuram Rajan hits a jarring false note ... - Economic Times

The Hans IndiaView: Former RBI governor Raghuram Rajan hits a jarring false note ...Last weekend's was not the first' he said-he responded' episode involving former RBI governor Raghuram Rajan and finance minister Arun Jaitley. But it was ...Jaitley counters Rajan's remarks, says GST a monumental reformThe Hans Indiaall 6 news articles »

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Sun, 11 Nov 2018 18:35:54 GMT

Statsguru: GST collections cross Rs 1-trillion mark for second time in FY19 - Business Standard

Business StandardStatsguru: GST collections cross Rs 1-Business StandardGoods and services tax (GST) collections crossed the Rs1-trillion mark for the second time in 2018-19. As seen in Chart 1, collections rose to Rs1.01 trillion in October, up from Rs944 billion in September. Collections had previously touched Rs1.04 ...

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Sun, 11 Nov 2018 16:02:39 GMT

GST a monumental reform, hit growth only for 2 quarters: Arun Jaitley - Economic Times

GST a monumental reform, hit growth only for 2 quarters: Arun JaitleyThe GST implementation was a "monumental reform" which had disruptionist impact on growth only for two quarters, Finance Minister Arun Jaitley said Sunday, hitting out at "critics and cynics" who blame it for hurting the GDP expansion. The remarks come ...Arun Jaitley says GST had only transient impact on growthMoneycontrol.comDemonetisation, GST held back India's economic growth: Raghuram RajanIndia TodayArun Jaitley responds to Raghuram Rajan's criticism of GST | The ...The Indian Expressall 245 news articles »

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Sun, 11 Nov 2018 11:41:54 GMT

GST compensation paid to states declines to Rs 11900 crore in Aug-Sept - Business Today

Business TodayGST compensation paid to states declines to Rs 11900 crore in Aug-Business TodayGST compensation paid to states by the Centre has declined to over Rs 11,900 crore during August-ember, an official said. The bi-monthly GST compensation paid during the June-July period was Rs 14,930 crore, nearly four-fold jump from Rs 3,899 ...and more »

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Thu, 08 Nov 2018 16:21:07 GMT

GST refunds of Rs 82775 cr to exporters cleared; Rs 5400 cr pending as on October 31 - Moneycontrol.com

GST refunds of Rs 82775 cr to exporters cleared; Rs 5400 cr pending as on October 31The finance ministry said that GST refund of Rs 82,775 crore to exporters has been cleared as on October 31, which is 93.8 percent of the total such claims with the tax authorities. In a statement, the ministry said Rs 5,400 crore worth GST refund is ...Exporters get back 94% of GST refund claimsLivemintGST refunds of Rs 82775 cr to exporters cleared; Rs 5400 cr pending as on Oct 31Economic TimesGST Refunds Of Rs 82775 Crore To Exporters Cleared; Rs 5400 Crore Pending As On Oct. 31BloombergQuintBusiness Standard -Times of India -The Hindu BusinessLineall 25 news articles »

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