GST DAY 1. Maruti, Apple among first to pass on the benefits to consumers. Prices of iPhones and cars, including luxury models like Audi and Jaguar, fell on Saturday as the country appeared to make a smooth transition to a new era of a single tax ...and more »
Arun Jaitley, finance minister. Jaileygst. Jaitley piloted the GST legislations, including amendment to Constitution, in the last three years and as first chairman of the GST Council, comprising the union and state finance ministers. He insisted on ...and more »
Sixteen years in the making, India rolls out the Goods and Services Tax (GST) from July 1, 2017. The Narendra Modi-led government will inaugurate the new indirect tax at the stroke of midnight of June 30 in Parliament. What is GST? (Source: PIB). The ...and more »
GST or Goods and Services Tax+ , set to launch on July 1, is a multi-stage, destination-based tax that will be levied on every value addition. Read about the launch details here. Set to revolutionise the way India does its taxes, GST will be levied on ...and more »
By Iain Marlow, Archana Chaudhary, P R Sanjai and Kartik Goyal As India prepares to launch its biggest tax reform since independence in 1947, businesses and citizens across the country are bracing for economic chaos. At midnight on July 1, Prime ...and more »
With the press of a button at midnight in Parliament's Central Hall, India switched to GST, the single biggest tax reform undertaken by the country in 70 years of independence. Launching GST, President Pranab Mukherjee said it is a momentous event for ...and more »
PUDUCHERRY: Lt Governor Kiran Bedi hailed the roll out of the GST regime. She tweeted 'India is heading to become one common market-Indian Common Market' (ICM). Puducherry has worked through the year to prepare traders, officers and consumers to ...and more »
Top leaders, industrialists, economists and celebrities descended on Friday night to witness the launch of the landmark GST at the historic Central Hall of Parliament which opened for a midnight ceremony for the first time in two decades. President ...and more »
New Delhi: India is bracing for upheaval as it storms ahead with its most ambitious reform in decades—transforming the world's fastest growing major economy into a single market for the first time. The long-awaited goods and services tax (GST) rolls ...and more »
1. The rollout will completely transform the indirect taxation landscape in the country involving both the Central and State levies. GST00. 2. In a departure from the normal practice, GST will be administered together by the Centre and States. GST4. 3 ...and more »