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TV, AC to cost more, smartphones to be cheaper under GST

An analysis of the tax rates decided by the all-powerful GST Council for over 1,200 goods and 500 services revealed that daily use items like soap and toothpaste will cost less while fresh fruits,..
India Today Also reported by •Deccan Herald

Sugar: Snapping its one-month rising streak, sugar saw

fall in its prices by up to Rs 170 per quintal at the wholesale markets in the national capital during the week after the GST Council finalised rates for most of the items last week and an increase in..

Videos for "Gst Council"

News video: 14th GST Coucil holds meeting in Srinagar

14th GST Coucil holds meeting in Srinagar 01:51

Srinagar (Jammu and Kashmir), May 18 (ANI): The Goods and Service Tax (GST) Council's 14th meeting was held at the Sher-i-Kashmir International Conference Centre in Srinagar on Thursday.The..
Source: News unlimited -

News video: All States Accepted GST Says Prakash Javadekar

All States Accepted GST Says Prakash Javadekar 01:05

Union Minister Prakash Javadekar has said that all states have accepted the idea of GST and the GST Council is a reality now.
Source: nnis News English -


Sensex breaches 31,000-mark, Nifty nears 9,600-overwrite

Benchmark Sensex soared past the 31,000-mark for the first time today on sustained fund inflows amid robust corporate earnings. The broader Nifty too gained 81.55 points, or 0.85 per cent, to hit a..
Deccan Herald

India: Comparative Analysis Of The GST Rules Released On 1 April 2017 Vis-À-Vis Rules As Released On 18 May 2017 - SKP Business Consulting LLP

The GST Council in the first day of its two-day meeting in Srinagar on 18 May 2017 has considered and finalised 7 rules pertaining to different aspects of the GST law.

India: Key Decisions Taken On Day 1 Of The GST Council Meeting - SKP Business Consulting LLP

Tax rates of 1,211 items (except six) have been fixed.

DoT closely watching impact of 18% GST on the sector: Manoj Sinha

The telecom department is closely watching the impact of the proposed 18 percent Goods and Services Tax (GST) on the industry, Communications Minister Manoj Sinha said. “The sector was already paying..
BGR India

Telecom Ministry watching the impact of GST on sector

The telecom ministry is keeping a watch on the impact of goods and services tax (GST) regime on the sector, Telecom Minister Manoj Sinha said here on Thursday. "Telecom operators have already been..
Deccan Herald

Footwear, biodiesel to be assigned GST rates on June 3

Apart from gold, textile and beedi, GST Council on its June 3 meeting will set rates for footwear, agriculture implements and biodiesel. Gold appears to be the major bone of contention. States like..
Deccan Herald

GST Council may reconsider steep levy on hybrid cars next week

The GST Council may reconsider the proposed 43 per cent tax on hybrid cars at its meeting next week after the auto industry voiced disappointment over the steep rate hike. Under GST, the tax incidence..
IndiaTimes Also reported by •DNA

Entertainment Services under GST to have lower tax incidence

The rate of GST approved by GST Council on services by way of admission to entertainment events or cinematography films in cinema theatres is 28 percent.

Tax incidence on entertainment services under GST lowered

The rate of GST approved by the GST Council on services by way of admission to entertainment events or cinematography films in cinema theatres is 28 percent.

Pay less for watching films in theatres, cable and DTH to turn cheaper

Movie buffs will have a reason to cheer, watching cable TV and DTH will also turn cheaper under the proposed Goods and Services Tax regime to be rolled out from July one after taxes on entertainment..
Deccan Herald

Smartphones could get cheaper under GST regime

The government said the GST, scheduled to be rolled out from July 1, is set to benefit consumers as tax incidence on smartphones, medical devices and cement will come down. The Goods and Service Tax..
BGR India

Multiplexes urge Centre to reduce GST on film industry

The Multiplex Association of India (MAI) has requested Prime Minister NarendraModi, Finance Minister ArunJaitely and the Goods and Services Tax Council to lower the GST rate for the film industry and..
Deccan Herald

FMCG stocks continue rally on GST push; jump up to 14%

FMCG stocks extended their rally for the second straight session today, surging up to 14 per cent, after the GST Council finalised rates for bulk of the items last week.

Sensex, Nifty accelerate as FMCG stocks rally

The FMCG sector continued to remain buyers fancy on the back of the GST Council fixing rates for most of the items last week.
DNA Also reported by •Zee NewsDeccan Herald

Govt to decide textile GST rates on June 3

As the GST Council reaches closer to fixing tax rates for textiles, the Textile Ministry has hoped it will take care of the interests of the industry which has just started looking up and employs a..
Deccan Herald

'GST to impact woking cap cycle, put strain on liquidity'

The introduction of GST will hurt working capital cycle for companies and availability of easy liquidity is necessary for up to four months, according to a report. "The transition to GST will..
Deccan Herald

MoS Finance confirms July 1 roll out of 'all-inclusive' GST

Following up from the meeting of the Goods and Services Tax (GST) council on May 18 and 19, Minister of State for Finance Santosh Gangwar said the stage is set for the scheduled roll out of the GST..
DNA Also reported by •Sify

Indices may rally on St in absence of triggers

Nifty once again made fresh highs last week but corrected in later part of the week to end with a weekly gain of 0.29%. Technically speaking, it formed a doji after three weeks of gain suggesting..

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