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 ...

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 ...

The GST Council, which is meeting on Saturday, is likely to finalise the draft model GST law including final drafting of the anti-profiteering clause to ensure benefit of lower taxes gets shared with ...

NEW DELHI: Sale of goods and services and all online purchases will attract GST at the first point of transaction with the likely rollout of uniform Goods and Services Tax (GST) regime from April 2017 ...

NEW DELHI: India has decided to peg the peak goods and services tax (GST) rate at 40% in the legislation instead of 28%, giving it the flexibility to raise rates without having to reach out to ...

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: ...