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Monthly Archives: December, 2016

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Additional Tax burden upto Rs. 15000 crore may bear on India’s Airlines under GST

India's Airlines industry may have to bear an additional tax burden of up to Rs 15,000 crore annually once the Goods and Services Tax...

GST enrolment deadline extended

The sales tax department of the Jharkhand government has given the state's businessmen, whose gross turnover is less than Rs 20 lakh, an extended...

RBI slashes MDR charges on transactions by upto Rs 2,000

The Reserve Bank of India (RBI) on Friday instructed banks and other prepaid instrument service providers not to charge any fee, till March 31,...

Special Parliament session may be call for GST bills

The government may call a special parliament session for GST related bills. Today is the last day of the Winter Session of Parliament and both...

Delhi Govt. initiates online enrolment for GST

"The state government is committed to make the process of transition to GST smooth and convenient for dealers." Said Deputy CM Manish Sisodia. The Delhi...

Real estate sales and Electricity charges includes under GST : CEA

The real estate sales and electricity charges should be included under new tax regime Goods and services tax (GST). Chief Economic Adviser Arvind Subramanian said...

GST could neutralise cost benefits making smart phones

Many big smart phones making firms in India like Samsung, Micromax could become a cropper, once the Goods and Services Tax (GST) comes into effect,...

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