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Boost for SMEs: Exemption limit for GST hiked to Rs 40 lakh from Rs 20 lakh

NEW DELHI: In a big boost to the small businesses, Union finance minister Arun Jaitley on Thursday said the GST Council has doubled the annual...

GST panel approves 1% ‘calamity cess’ for Kerala floods

The GST law provides for the levy of special taxes for a specified period to raise additional resources during any natural calamity or disaster. New...

GST Council may reduce Tax Slabs in Future : CBEC Chief

The GST Council may in future decide to reduce the tax slabs under the Goods and Services Tax regime after analysing the revenue garnered...

Demonetisation : A new road block for GST

The Indirect Tax Regime Goods and Service Tax (GST) has run into a new wall now - Demonetisation. Though it is not yet clear as...

GST Committee Meeting: No Major Breakthrough

Goods and Services Tax (GST) Committee make some progress with regards to the Model GST Law on Friday, the first of a two-day meeting. The...

GST Council Meeting starting today to discuss model laws, tax jurisdisction

A two day GST  council meeting starting today to finalise the model of Goods and Service Tax law, Integrated Goods and Service Tax law...

80 Items are on GST Exemption List

While the whole exemption list has been finalized as now, it is learned that about 80 items would form part of exemption list (i.e....

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