Tag: GST

Demonetisation, GST may ruin wedding season business: ASSOCHAM

Demonetisation, GST may ruin wedding season business: ASSOCHAM

Demonetisation along with recently introduced Goods and Service Tax (GST) may impact the business of upcoming wedding season, which is starting from November, by 10-15 per cent, said industry chamber, ASSOCHAM on Monday. Wedding services like marriage hall booking, tent booking, confectionery services and photography are expected to get impacted.[Read More…]

GST will be reviewed after Rahul becomes PM: Raj Babbar

GST will be reviewed after Rahul becomes PM: Raj Babbar

With the assembly elections approaching soon, both Congress and BJP have intensified attacks on each other. Recently, Congress Vice-President criticised the multiple tax slabs in GST and called it a ‘flawed’ model. Now, Uttar Pradesh Congress chief Raj Babbar has echoed Rahul’s voice saying the Goods and Services Tax (GST)[Read More…]

“Glitch-ridden GST was due to lack of time,” said GSTN CEO Prakash Kumar

GST reforms will benefit everyone: BJP

Uttar Pradesh deputy chief minister and BJP leader, Dinesh Sharma, on Sunday hailed PM Modi’s statement on ‘Diwali arriving early’ after the decisions taken by the Goods and Service Tax (GST) Council, citing that everybody will benefit from the tax reform. PM Modi has asserted that Diwali, the ‘festival of[Read More…]

Chartered Accountants get a massive GST push

Chartered Accountants get a massive GST push

Even as the economy continues to slump after each quarter, there is a particular set of professionals who are rolling in money. According to rough industry estimates, a major jump in revenue has been recorded by the top audit firms in the recent months. “In the last 3 months, the[Read More…]

Corruption does not exist in Centre anymore: Arun Jaitley

Corruption does not exist in Centre anymore: Arun Jaitley

Union finance minister, Arun Jaitley, on Thursday said corruption does not exist in the Centre anymore, while applauding its proactiveness in implementing the GST, crackdown on excessive cash transactions, benami property, shell companies and so on. “Corruption in the central government has become a thing of the past. This is[Read More…]

Electric cars in India: Present, Problems and Future

Electric cars in India: Present, Problems and Future

There were some hard to digest comments made by road transport and highways minister, Nitin Gadkari. We won’t get into the nitty-gritties of the matter but the simple idea put forth is that the Government is anti-fossil fuel powered cars – diesel or petrol. While the words used and the[Read More…]

NCERT textbooks

GST and demonetisation will be part of NCERT textbooks from 2018

The National Council of Educational Research and Training (NCERT) on Thursday decided to incorporate content on GST and demonetisation in the reprint editions of economics, business studies, accountancy and political science books from 2018, as per the reports. “NCERT has decided to incorporate the contents related to GST and demonetisation[Read More…]

Tata Tiago prices slashed after GST

Tata Tiago prices slashed after GST

Though the Zest and the Bolt started Tata Motors’ revival, it tasted success in a long time with the Tiago hatchback. The Tiago, which sees a dip of as much as over Rs 50,000 post-GST, is Tata’s bread and butter model and currently retails between 4000-6000 units monthly. There’s a marginal drop in prices in the[Read More…]

“Glitch-ridden GST was due to lack of time,” said GSTN CEO Prakash Kumar

Want to know GST? Pay money to government

Much hype has been created by innumerable of people as concepts of the newly-implemented Goods and Service Tax( GST) are unclear to them. In relation to the same, Ministry of Skill Development and Entrepreneurship has offered a GST Training programme to give an extensive training on the concept of the[Read More…]

DU to include GST in the forthcoming academic sessions

DU to include GST in the forthcoming academic sessions

The Delhi University to include the historic Goods and Service Tax (GST), as a part of their curriculum in selective academic courses. A groundbreaking initiative aiming towards economic reforms in the country, GST was implemented across the Nation on July 1. One of the biggest tax reform turned India, Asia’s[Read More…]

August Offers: Ford Figo, Aspire get Cash Discounts and Exchange Bonus

GST impact: Ford India slashes vehicle prices by up to 4.5%

It has been a couple of days since Goods and Service Tax (GST) came into effect and we’ve seen automakers wasting no time to get their vehicle prices down to start luring customers to their showrooms. While we’ve seen Maruti, Audi, Jaguar, Land Rover and Toyota complete this activity on July 1, Ford India has now joined the list.[Read More…]

States abolish check posts after GST rollout

22 states abolish check posts after GST rollout

Just three days after the GST rollout, as many as 22 states have removed check posts. With the implementation of Goods and Services Tax GST, states such as Delhi, West Bengal and Maharashtra have abolished check-posts; while states, including Assam, Punjab, Himachal Pradesh, and some north-eastern states, are also in[Read More…]





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