Goods & Service Tax (GST) will become from April 2016
The Finance Minister in his Budget said that The debate whether to introduce a Goods and Services Tax (GST) must now come
Read MoreGST
Proposed System of GST & Its features
Proposed GST Tax Structure: There will be Three Type of GST: viz, Central Goods & Service Tax (CGST), State Goods
Read MoreCabinet clears Constitutional Bill for GST
The Cabinet on Wednesday cleared the GST Constitutional Amendment Bill for its tabling in the current session of Parliament, as
Read MoreStates to get Rs 11,000 crore for cut in CST to bridge trust deficit
Finance minister Arun Jaitley has announced the release of Rs 11,000 crore to states as compensation for the reduction in central sales tax to
Read MoreStates may get power to play with ‘State GST’ rates
The Centre may allow States to unilaterally play with State-level Goods and Services Tax (State GST) rates as part of
Read MoreArea-based excise sops to continue under GST
The adoption of the goods and services tax (GST) won’t lead to untimely withdrawal of the excise waivers for industries in
Read MoreFinance Ministry proposes 3‑year compensation for states in GST
The Finance Ministry has proposed to compensate states for three years for losses they may incur on account of switching
Read MoreGST may include all entry taxes
In a move the Center is going to propose subsuming in the proposed goods & services tax (GST) all types
Read MoreGST compensation to be paid to States to be included in Constitutional Bill
The Center has agreed to include compensation to be paid to states for Goods and Services Tax (GST) roll-out as
Read MoreGoods and services tax threshold may Rs.25 lakh
A large number of states have acceded to the Centre’s proposal on a higher annual turnover threshold of Rs25 lakh
Read More