Under the existing federal structure of the country and the applicable tax laws, Service Tax is charged on the services provided by one person to other. Service Tax is governed and collected by the ...

Jaitley said that GST will ensure free movement of goods across the country, and will put an end to the tax differences. (Image: Reuters) The GST Council has proposed to raise the peak tax rate to 20 ...

GST will be a game-changing reform for the Indian economy which promises a common Indian market and reduction of cascading effect of tax on the cost of goods and services. GST will have a far-reaching ...

GST Council headed by FM Arun Jaitley is likely to finalise the draft model GST law including final drafting of the anti-profiteering clause on February 18, Saturday. The government intends to ...

GST action has gained ground in the last few weeks of June 2016 with the Empowered Committee of State Finance Ministers convening for a two-day meeting after some hiatus. There is also renewed ...

NEW DELHI: The proposed GST law will be a game changer for India Inc and the government will put up model code of the law in public domain by late November, a senior Finance Ministry official said ...

Najib Shah is the chairman of Central Board of Excise and Customs (CBEC). New Delhi: The Centre will share the draft model GST law with the states today as it prepares for the rollout of Goods and ...

The information technology sector has arguably held fort as the country's bellwether sector for the past couple of decades. More recently, e-commerce, one of the fastest growing sectors, seems to be ...

The revised draft of model GST law, which was made public in November 2016, provides for a maximum rate of tax under the new regime at 14%. Photo of Finance Minister, Arun Jaitley. Image Source: ...