Sep 26, 2016 at 09:42 | Source: PTI
Life insurers, who are set to write to the Prime Minister seeking exemption from the new tax regime, feel that their premium income has remained stagnant since the industry was brought under service tax in 2012.
Sep 24, 2016 at 17:00 | Source: CNBC-TV18
In today's edition of Indianomics, former Finance Minister Yashwant Sinha outlined the politics of GST and said that too many GST rates will lead to administrative and legal problems and added that GST should be kept as simple as possible.
Sep 23, 2016 at 14:08 | Source: CNBC-TV18
The Council will meet again on September 30 to finalise draft rules on exemptions. It will meet between October 17-19 to discuss rates.
Sep 22, 2016 at 21:04 | Source: PTI
Moving towards rolling out GST from April 1, Centre and states today agreed on a timetable for deciding on the tax rate and completion of legislative work but differences remained on the turnover limit for exemption from the new tax.
Sep 22, 2016 at 17:20 | Source: CNBC-TV18
With the Union Finance Minister as the Chairperson, the panel of State Finance Ministers and some top officials from the Finance Ministry will have the task of finalising the entire roadmap for the GST rollout
Sep 22, 2016 at 13:50 | Source: PTI
"India started out with a good year. First quarter was excellent, 25 percent up (for the company in terms of sales), year-over-year," Member of the Board of Management Daimler AG, responsible for Daimler Trucks and Buses, Wolfgang Bernhard told reporters here.
Sep 22, 2016 at 09:00 | Source: PTI
Malkani said the domestic hospitality industry pays tax in the range of 18-25 percent, which includes luxury tax and service tax, while in countries like Malaysia, Sri Lanka and Thailand, it is not more than 5 percent.
Sep 21, 2016 at 11:12 | Source: PTI
The company's Indian arm -- Honda Cars India Ltd (HCIL)-- expressed concern over lack of clarity on GST rate and the time for its implementation, saying such uncertainties make it difficult to plan production in advance.
Sep 20, 2016 at 18:26 | Source: PTI
As the government looks toadvance the Union Budget presentation by a month toJanuary-end, rating agency ICRA today flagged concerns aboutavailability of lesser data, saying advance GDP estimates aswell as corporate tax filings are available only in February.
Sep 19, 2016 at 20:12 | Source: PTI
The Finance Ministry will pitch for the country's rating upgrade with global agency Moody's on Wednesday, highlighting increased pace of reforms including the GST, declining inflation and improvement in fiscal as well as current account deficit situation.