GST Ready India

GST Ready India’s Latest News and Updates

  • 16 Feb

    Want to buy a property? know GST rates here Most of us aspire to own a house and to achieve that goal we strive hard through our savings and investments. We face several hurdles and come across many official formalities to accomplish our dream. In accomplishing this dream, we need to understand many things and

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  • 15 Feb

    GST e-way bill software set to be overhauled The government is looking at complete overhaul of the electronic-way-bill (e-way-bill) system under the goods and services tax (GST) regime instead of tinkering with its structure or scrapping it altogether, sources in the know told DNA Money. According to him, the e-way invoice could be relaunched by

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  • 12 Feb

    GST will aggravate India’s huge tax litigation problem Litigation, said Ambrose Bierce, is a machine which you go into as a pig and come out of as a sausage. To get a sense of how many pigs are being turned into sausages in India, or how severe the problem of lawsuits can get, look no

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  • 09 Feb

    Government to save Rs 1,600 crore a year in foodgrain procurement post GST The Centre is estimated to save Rs 1,600 crore annually in procurement of foodgrains as its tax expenses have reduced after the introduction of GST, Food Minister Ram Vilas Paswan said today. Only GST is being levied on procurement and not state

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  • 07 Feb

    GST relief for circus, dance and theatrical performances Admission ticket to amusement parks, including theme parks, water parks and merry-go-rounds, will attract 18 per cent GST with effect from January 25, lower than 28 per cent earlier, the Finance Ministry said today. "It is expected and hoped that states do not raise the tax on

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  • 06 Feb

    States not in favour of petrol, diesel inclusion into GST: FM Finance Minister Arun Jaitley today said the states are not in favour of including petrol and diesel into GST at the moment, ruling out any immediate levy of the new indirect tax on these petroleum products. While GST was rolled out on July 1,

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  • 02 Feb

    Council cuts GST rate cuts on 29 items and 54 services under composition scheme Off late, the Goods and Services Tax Council (GST Council) cut tax rates on 29 products and 54 services. The same was announced at the 25th meeting of the council, wherein they agreed to make the process of filing tax returns

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