Tag Archives: GST

State Tourism Ministers demand cut in GST on hotel rooms

Thiruvananthapuram,  State Tourism Ministers who met in the Kerala capital on Monday demanded the reduction, simplification and rationalisation of various taxes and levies, including the Goods and Services Tax (GST), in the tourism and travel industry to attract tourists and …

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Centre may raise auto sector’s plea at GST Council

New Delhi,  The central government is open to take the industry’s proposal on reducing the Goods and Services Tax (GST) on automobiles to the GST Council. Speaking at the ACMA annual convention here on Friday, Minister of State for Finance …

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GST Council to decide on cutting vehicle rates: Sitharaman

Chennai, Finance Minister Nirmala Sitharaman on Sunday said that the GST Council will take the final call on reducing the tax rate on motor vehicles. Speaking to reporters here, she said that the government is addressing the issues of the …

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Experts’ hope high from direct tax code

New Delhi,  With the direct tax code (DTC) being in the works for years and report of the task force expected anytime now, tax experts hope the new draft law would ease compliance burden and reduce future litigations by incorporating …

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Major consolidation in Indian realty market since 2011-12: Report

New Delhi,  A recent report suggests that there has been significant consolidation in the country’s nine major real estate markets in the past few years on the back of financial distress, demonetisation, GST and the implementation of RERA. The total …

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Manpasand scrips tumble on MD, CFO’s arrest, 2nd time in 2 years

Mumbai,  Manpasand Beverages scrips hit lower circuit on the Bombay stock exchange over MD and CFO’s arrest facing allegations of Goods and Services Tax (GST) fraud. The Manpasand scrips hit the lower circuit limit of 20 per cent on Monday. …

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Samsung rapped for not passing GST benefits to consumers

New Delhi, The Directorate General of Anti-Profiteering (DGAP) has served a notice on technology major Samsung India for allegedly not passing on the benefits of GST reduction to its customers and in turn making undue profits, sources said. The notice, …

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BJP behind petrol pump strike in Delhi: Kejriwal

BJP behind petrol pump strike in Delhi: Kejriwal

Demanding petrol and diesel be included in the GST regime, Delhi Chief Minister Arvind Kejriwal on Monday accused the BJP of forcing fuel pump owners to go on strike despite oil prices being lowest in the national capital among the …

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Notices to Centre, CAG on PIL over GST compensation act

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The Bombay High Court on Monday issued notices to the Centre, Maharashtra government and the Comptroller and Auditor General (CAG) of India on a petition challenging the constitutional validity of laws facilitating various kinds of cess under the Goods and …

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