Page 158 - Gst

Pre-GST sale: Early Diwali cheer for consumer goods, retail chains

But disruption in July looms large as inventory thins and there are prospects of price hikes

Drugs for cancer, rare diseases to get affordable after GST roll-out

Regulator takes pre-emptive action for 761 essential medicines

Demonetisation 2.0? Ready or not, India braces for biggest-ever tax reform

The talk among businessmen is about how to cope in the aftermath of the GST rollout.

GST regime: Handset makers want credit to be linked to value addition

Only 2% value addition takes place in printed circuit board assembly

Prepare urban, rural bodies for GST compliance: Mukul Asher

He says it is remarkable that a consensus has been reached between central govt and 29 states

SME preparedness: Fines may show way to GST in Panipat textile industry

Panipat is the biggest centre for shoddy yarn in the world

GST: I will keep my fingers crossed on revenue projections, says Adhia

There is mutual invoice matching which ensures reason why GST was brought in first place, says Adhia

Diamond prices up by 2-5% in three weeks

Inspite of weak demand ahead of new season, rough and polished diamond prices have jumped by 2 - 5 per cent across all varieties in the last three weeks.Diamond processing activity in India had gone down early this year which revived later with the positive outlook on Indian economy. Also, wedding season demand coupled with the stagnant gold prices boosted jewellery demand from local consumers.Normally, jewellery demand season ends with the closure of wedding dates probably by May 31. Rural demand which consists of around two-third of India's jewellery consumption, also fades with the onset of the monsoon rainfall as farmers move to buy seeds and fertilizers for sowing kharif crops. But, consumers continued buying ahead of Goods and Services Tax (GST) roll out which fears to make jewellery costlier."The domestic demand of rough and polished diamond has been fairly good in the last few weeks. Hence, the prices of both rough and polished diamonds have risen by 2-5 per cent across all ...

GST rollout rehearsal: Govt to conduct mock-launch in Parliament tomorrow

Officers from various departments including from finance ministry to be part of rehearsal event

GST gets Trump kudos: 'GST will create great new opportunities for Indians'

US President heaped praise on Modi for reforms and accomplishments in economic sphere

GST impact: Foodgrains to get cheaper or remain flat

At present, many loose food items like wheat, pulses attract 3-4 per cent value added tax

We're very, very stressed; working 28 hours a day: GSTN chief Navin Kumar

Says IT backbone for GST will be ready by July 15, software will stabilise over three-four months

Jewellers try to push old stock before GST roll-out

---Pointer box not needed for a story of this size ------With only a few days more for implementation of the Goods and Services Tax (GST), jewellers have intensified their efforts to replenish inventory by offering discounts on making charges for ornaments. Precious ornaments are estimated to become three per cent costlier under GST. At this time, jewellery demand normally declines. Two-third of the demand comes from the rural sector and farmers' attention would be on sowing, planting and re-planting. With the onset of monsoon rain, farmers purchase seed, fertiliser and pesticide by liquidating old ornaments, resulting in a sharp increase in scrap supply. And, demand for new ornaments declines sharply because of the lack of weddings, festivals and such occasions.This year, however, the lean season demand also coincides with GST implementation, to start from Sunday. Till now, jewellers were charging value added tax (VAT) of one per cent over and above the price of gold, with the ...

GST's anti-profiteering clause should be reviewed

Transition to a new indirect tax regime from July 1 is not expected to be easy

Walmart to benefit from GST, says India CEO Krish Iyer

Walmart has proposed to open 50 more Cash and Carry stores over the next four to five years

Implement GST from July 1 in J&K: Arun Jaitley asks CM Mehbooba Mufti

Failure to implement will put local industry at a disadvantage

GST may double Ola, Uber drivers' lease outgo, business may become unviable

Tax on lease under GST regime to rise to 35-43%, from 14.5% currently

GST rollout: TDS, TCS provisions deferred for govt, e-commerce companies

Businesses, with turnover less than Rs 20 lakh, will not need to register under GST

GST: Will we be required to reverse input credit under the new tax regime?

The GST regime envisages liberal input tax credit provisions

Consumers flock to shops for pre-GST discounts

Footfalls rise 30% at large-format consumer durables outlets at east Delhi