GST Ready India

GST Ready India’s Latest News and Updates

  • 20 Apr
    Impacts of GST

    GST to be a Growth Booster for India After Demonetisation Drag India continues to be a bright spot for global investors, who are looking forward to the goods and services tax regime after the demonetisation shocker. Talking about the latest World Economic Outlook, Gian Maria Milesi-Ferretti, deputy director of research department at IMF tells News18’s

  • 19 Apr
    GST Rollout in India

    GST rollout: Are MSMEs ready? The much-awaited Goods and Service Tax (GST) Bill will soon be a reality. The central government is taking every possible effort to rollout the new tax regime by July 1, 2017. The tax officials of the central and state governments will this week hold their maiden meeting on devising a

  • 18 Apr
    GST Implementation

    Relief to consumers, under GST, tax rates for most goods to fall The Goods and Services Tax (GST) Council’s resolve to minimise rate shocks will result in reduction in the nominal tax rates for a vast majority of goods. Half of the items in the Consumer Price Index (CPI) basket will be exempt from GST

  • 17 Apr
    GST in India

    GST: Government looking to keep single rate for each product group to avoid complexity After having opted for multiple rates under the upcoming goods and services tax (GST) regime, India is now looking to keep variations in rates on the same types of products at a minimum to ensure that the tax structure does not

  • 14 Apr
    GST Implementation in India

    Goods and Services Tax (GST) being the largest indirect tax reform in Indian tax history is on the verge of implementation. The common elation around the bill is that the GST will be a boom time for industry. As a consequence, it has been argued that GST will pep up the rate of industrial growth

  • 14 Apr
    RBI on GST

    GST बिल को राष्ट्रपति की मंजूरी केंद्र सरकार को एक बड़ी सफलता मिली है दरअसल प्रस्तावित गुड्स एंड सर्विस टैक्स बिल को महामहिम राष्ट्रपति ने स्वीकार कर लिया है। दरअसल संसद में पारित हो जाने के बाद इस विधेयक को राष्ट्रपति के अवलोकन के लिए भेजा गया था। राष्ट्रपति के पास यह बिल जाने के

  • 12 Apr
    GST on Agriculture Industry

    GST may stoke food inflation, but agri-value chain will gain in long run With the Rajya Sabha passing four key GST bills, the Goods and Services Tax (GST) regime is all set to roll out nationwide from July 1. GST will be the biggest tax reform in recent decades. It is widely expected that GST

  • 11 Apr
    P Chidambaram on GST

    70% of all goods and some consumer durables to become cheaper under proposed GST regime A number of goods such as cosmetics, shaving creams, shampoo, toothpaste, soap, plastics, paints and some consumer durables could become cheaper under the proposed goods and services tax (GST) regime as most items are likely to be subject to the

  • 10 Apr
    GST Bill India

    Indians pay more for soaps, shampoos & toothpastes as HUL and P&G get ready for GST Indians are paying more for soaps, shampoos, or toothpastes, but the recent price hikes or altered output strategies may have less to do with input costs or demand than with the goods and services tax (GST) – the biggest