Jan 21, 2020-Tuesday

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Tuesday, Jan 21, 2020

Tax reform

Dec 07, 2019 13:40
Union minister Nirmala Sitharaman’s assessment of the tax structure comes right ahead of the meeting of the Goods and Services Tax Council, the powerful body of state finance ministers led that she heads, later this month that is expected to discuss... read more
Dec 01, 2019 10:43
GST has been one of the major tax reforms in the history of independent India which subsumed 17 different taxes and multiple cesses that were levied by different states, revenue secretary Ajay Bhushan Pandey said. read more
Sep 11, 2019 05:20
Farmers need freer access to markets to sell their produce, according to those familiar with the development. read more
Aug 25, 2019 07:47
In a Facebook post on 1 July this year on the completion of two years of GST, Jaitley described obstacles to India’s biggest tax reform since independence. read more
Jul 01, 2019 06:02
Implementing a radical and universal reform in an economy as large as India is bound to witness teething troubles and GST did. Two years after it was implemented, the question is whether GST is moving towards its promise of improving tax collections... read more
Jun 17, 2019 07:15
The proposals before the council include compulsory generation of e-invoicing by large companies, validation of e-way bills (electronic permits issued for the movement of goods) with the data generated at toll plazas and geo-tagging of companies, said... read more
Jun 02, 2019 07:13
At the same time, wilful tax evaders and money launderers will not be spared, government officials aware of the plan said. read more
Feb 01, 2019 20:38
Indirect taxes are headed towards stability, insulated from annual changes, though GST is still work in progress. Once the Task Force on Direct Taxes submits its recommendations and those are accepted, direct taxes should also become stable and cert... read more
Dec 22, 2018 16:58
The GST Council on Saturday tweaked the tax slabs slashing rates on several items. Among the things set to get cheaper are TV sets, monitors and movie tickets. Announcing the slab revamp, Finance Minister said the new GST rates will be effective from... read more
Dec 22, 2018 11:34
GST Council meeting: Among other cuts Union finance minister Arun Jaitley announced were on movie tickets, where those costing up to Rs 100 have been brought down from 18% to 12% and those priced above Rs 100 from 28% to 18%. read more
Dec 18, 2018 12:41
Modi indicated that the 28 per cent slab of GST would only be restricted to a few select items, such as luxury goods. read more
Nov 16, 2018 16:04
Muhammad Hammad Azhar, one of the youngest ministers in Pakistan’s new government, is the latest in a long line of officials to face a problem that undermines his country’s development: getting people to start paying income taxes. read more
Jul 01, 2018 14:39
The current GST structure has four tax slabs - nil, 5%, 18% and 28% at which goods and services at taxed. read more
Jul 01, 2018 00:05
Since its launch a year ago, the Goods and Services Tax (GST) has come in for criticism for having five tax slabs. The government however says the reform has helped in “formalisation” of the Indian economy. read more
Jun 30, 2018 14:25
The government will celebrate July 1, 2018, as ‘GST Day’ to mark the first anniversary of the new indirect tax regime. read more