New Delhi, May 20, 2017
Five key messages from GST Council's 14th meet and three thoughts on what future looks like for GST
The Goods and Services Tax (GST) Council on Friday concluded its 14th meeting in Srinagar, Jammu & Kashmir, and there now are five broad messages coming out loud and clear.
Srinagar, May 19, 2017
Input tax credits for firms will ensure consumer costs won’t go up: Jaitley
A bulk of services will be taxed at the standard rate of 18 per cent under the four-tier rate structure for services that the GST Council finalised for taxing services.
Backgroung Material on GST Acts and Draft Rules, 2017
[Published on May 18, 2017]
Srinagar, May 19 2017
The all-powerful GST Council today finalised tax rates for services under the Goods and Service Tax (GST) regime, scheduled to kick-in from July 1.
New Delhi, May 19, 2017
Transactions between related parties will now be valued at 90% of the market value
On Thursday, the GST Council approved all eight rules, clearing the ground for the rollout of the goods and services tax (GST). A preliminary reading of these rules reveals three significant changes.
New Delhi, May 18, 2017
To encourage internal talent, markets regulator Sebi has decided to fill two-third executive director posts from within the organisation. The remaining one-third will be filled up by deputation/contract. Sebi has six EDs currently and is planning to increase the strength.
New Delhi, May 18, 2017
The total taxes due by these five defaulters is Rs 10.27 crore, the notice said
The Income Tax department on Wednesday published names of five entities owing over Rs 10 crore in taxes, as part of its strategy to name and shame big defaulters.
Srinagar, May 18, 2017
Foodgrains, cereals and milk will cost less from July 1 when the Goods and Services Tax (GST) is rolled out as the GST Council today decided to exempt these daily-use commodities from the levy.
May 18, 2017
GST Council approves 7 rules of GST; Council will discuss gold and beedi rates tomorrow
On day one of its crucial meeting in Srinagar, the Goods and Services Tax (GST) Council has decided on rates for all 1,211 items barring six. 81% items to be taxed at below 18% GST rate slabs, said Revenue Secretary Hasmukh Adhi
New Delhi, May 17, 2017
The Union Cabinet on Wednesday approved the signing of multilateral convention to implement tax treaty related measures to prevent Base Erosion and Profit Shifting (BEPS).
Mumbai, May 17, 2017
Zebpay said this shows growing acceptance of Bitcoins as emerging asset class
Despite the Reserve Bank of India's (RBI) call for caution to people against the use of virtual currencies, a domestic Bitcoin exchange on Wednesday said it is adding over 2,500 users a day and has reached five lakh downloads.