GST Ready India

GST Ready India’s Latest News and Updates

  • 22 Feb
    GST in India

    The Goods and Services Tax (GST) has been the buzzword in the country for quite some time now. For the automotive sector, the GST is expected to bring down the price of small cars, which in turn, will hopefully help in the growth of the sector as a whole. Therefore, car buyers can expect a

  • 21 Feb
    GST India Latest News

    जीएसटी (GST) क्या है? 7 खास बातें जो आपको पता होनी चाहिए... जीएसटी का पूरा नाम गुड्स एंड सर्विस टैक्स (GST) है. यह केंद्र और राज्यों द्वारा लगाए गए 20 से अधिक अप्रत्यक्ष करों के एवज में लगाया जा रहा है. जीएसटी 1 जुलाई से पूरे देश में लागू किया जाना है. जीएसटी लगने के

  • 10 Feb
    GST India News 2017

    Budget 2017: From GST implementation to tax cuts, industry hopes FM will deliver The budget will be presented at 11 am today. Will there be much-needed sops after the pain of demonetisation? What will Finance Minister Arun Jaitley deliver? Here are the expectations from the various segments of industry: GST implementation: Freudenberg India, a Germany-based

  • 08 Feb
    Impact of GST (Goods and Services Tax) in India

    Will GST exacerbate India’s income divergence? In another decade from now, it is likely that the per capita income of the richest state will be more than four times the per capita income of the poorest state “Finance minister Arun Jaitley wants to roll out the Goods and Services Tax (GST) on 1 June. Growing

  • 07 Feb
    GST India 2017 Updates

    Final GST rates out, slabs fixed at 5%, 12%, 18% & 28% A four-tier GST tax structure of 5%, 12%, 18% and 28%, with lower rates for essential items and the highest for luxury and de-merits goods that would also attract an additional cess, was decided by the all- powerful GST Council on Thursday. With

  • 03 Feb

    The Union budget tabled in the Parliament on the 1st of February 2017 is momentous and historic in many ways. Doing away with the tradition of being presented on the last day of February, the Union Budget 2017 was tabled a month earlier. Also, the Railway and Union Budget were clubbed together and the presentation

  • 25 Jan

    The nation-wide indirect tax regime GST is all set to rollout by April 1, 2017. Hailed as ‘one nation, one tax’, the proposed GST is set to simplify tax filing, eliminate cascading of taxes and boost compliance across the nation. The latest revised model GST law recently released by Central Board of Excise and Customs

  • 18 Jan

    The Central government on the 26th of November released drafts of three supporting legislations for the GST: Central GST, Integrated GST and States Compensation Bills. The bills form the basis of the revised GST laws prepared by the GST council secretariat and highlights changes in the draft Model GST law released earlier this year on

  • 06 Jan

    The government of India has provided various fiscal incentives and exemptions to promote export in the country. Industries for which exports play a crucial role are oil and gas, IT, electronics, agriculture, automobile, chemicals, and pharmaceuticals. The GST is expected to foster dollar revenue for these industries. Various export promotion schemes such as the Merchandise