Page 165 - Gst

Statsguru: New indirect tax regime

The rates have allayed fears that the GST would be inflationary in the short term

Various tax slabs under GST worrying traders: CAIT

Govt has been urged to revisit tax structure

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

GST Council had put over 1,200 goods and 500 services in four tax slabs of 5, 12, 18, 28%

T N Ninan: GST - promise and reality

The shift from "one country, one tax" to four tax rates could dilute possible gains on GDP

Effective coal prices to fall by Rs 100-150 under GST

The effective coal prices for the consumers are likely to decrease by Rs. 100-150, as the country heads towards a uniform tax regime under the Goods and Services Tax (GST).Preliminary estimates done by Coal India suggest that the coal consumers were effectively charged 11-11.5 per cent for the coal procurement which is going to decrease to five per cent under the new tax rules. Moreover, the stowing cess of Rs. 10 per tonne, paid by coal consumers, in addition to the effective value added tax (VAT) and excise duty rates will be done away with. Nevertheless, the additional cess of Rs. 400 per tonne will continue to remain in place.A Coal India official said that although the company will be appointing a consultant to "deeply understand and analyse the financial implications on the company", internal estimates suggest that prices are going to reduce."Although the net effect on the company is yet to be understood, Coal India's revenue will not take any hit as the tax was passed on the ...

GST: Investor patience will be tested

Both sets of tax rates for goods and services are confusing

Our industry is family-oriented, non-alcoholic, mass market one: Ajay Bijli

PVR Chairman Ajay Bijli said that there is a huge diversity in entertainment taxes levied in India

'Lower tax on coal under GST to help CIL clear stockpile'

As on April 30, Coal India's pithead stock was at 61.9 million tonnes

Sugar, tea, coffee, milk powder to become cheaper under GST

Termed as the most ambitious tax reform, GST will subsume most of the indirect taxes

World Gold Council urges govt to reduce tax on gold under GST regime

GST will bring lot of transparency in gold industry including check on illgeal imports: WGC official

Govt taking steps in right direction through GST, other policy reforms: UBS

Measures to help improve productivity dynamics and lay the foundation for sustainable growth

GST roll-out may increase expense ratio of mutual fund houses by 3%

Expense ratio is measure of cost incurred by an investment company to operate its mutual fund

Will preserve special position of state when GST is implemented: J&K govt

Govt adds nothing will be allowed which will compromise special constitutional position of J&K

GST impact on telecom sector: Keeping an eye on tax levy, says Manoj Sinha

Govt proposed to levy 18% tax on telecom services under GST regime, current tax is 3%

Ramdev unhappy? GST rates dampen Ayurveda firms' hopes

The Centre has decided to keep ayurveda products in the mid-range of the goods and services tax

UN, WB to enjoy tax exemptions

Govt to soon release list of such agencies

GST is here. Is it time to look at logistics stocks?

As the nation prepares for the implementation of the goods and services tax (GST) bill, the performance of transport & logistics companies at the bourses - once considered as one of the key beneficiaries under the one nation, one tax regime - has been mixed bagged thus far in the calendar year 2017 (CY17), with four out of nine stocks in the sector underperforming the market.While Blue Dart Express, Gateway Distripacks and Allcargo Logistics have recorded a negative return during this period, Snowman Logistics has gained 13%. Among others, Arshiya and Transport Corporation of India (TCI) have outperformed the market by surging more than 70%, while Sical Logistics and Gati have gained 18%.By comparison, the S&P BSE Sensex has gained 14% thus far in CY17. The Mid and Small-cap indices on the Bombay Stock Exchange (BSE) moved up 18% and 23%, respectively.Given the recent run-up in some of these stocks, analysts remain cautious as they do not see gains sustaining for long. Actual .

With GST, time to look at logistics stocks?

As the nation prepares for implementation of the goods and services tax (GST) laws, the performance at the bourses of transport and logistics companies - once considered as one of the key beneficiaries under the one nation, one tax regime - has been a mixed bag thus far in calendar year 2017 (CY17).Five of the 10 stocks in the sector have been underperforming the market. While Blue Dart Express, Gateway Distriparks and Allcargo Logistics have recorded a negative return in this period, Arshiya and Transport Corporation of India have outperformed, surging over 60 per cent. By comparison, the S&P BSE Sensex has gained 13.8 per cent thus far in CY17. The mid-and small-cap indices on the BSE have moved up 17 per cent and 21 per cent, respectively.Given the recent run-up in some of these stocks, analysts remain cautious, as they do not see gains sustaining for long. Actual benefit to the companies from GST implementation will start to accrue only after six to 12 months from now, they ...

GST: Tally Solutions voices concern on e-way bill

Govt introduced it despite overwhelming objections, suggestions from across industries

GST to add 40 bps to growth rate; no adverse impact on inflation: HSBC

It also said that the Goods and Services Tax will not have an upward impact on inflation