7th Pay Commission to bump up inflation temporarily, says HSBC report 7th Pay Commission: The Seventh Pay Commission and implementation of GST has put inflation in an uncertain zone, and prices are expected to rise temporarily, says an HSBC report. The Seventh Pay Commission and implementation of GST has put inflation in an uncertain zone, and prices are expected to … [Read more...] about 7th Pay Commission to bump up inflation temporarily, says HSBC report
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GST
Decision to reduce Tax Rate on Fertilizers from existing 12% to 5 % under GST taken in the interests of the Farmers
Decision to reduce Tax Rate on Fertilizers from existing 12% to 5 % under GST taken in the interests of the Farmers Under GST regime, a uniform MRP of Rs. 295.47 per 50 kg bag to be fixed across the country GST regime to deter inter-state smuggling of fertilizers by integrating the entire fertilizer market into a Single Market Farmers to benefit to the tune of Rs. 1261 … [Read more...] about Decision to reduce Tax Rate on Fertilizers from existing 12% to 5 % under GST taken in the interests of the Farmers
Cheaper Or Costlier? How GST May Impact Prices Of Goods
Cheaper Or Costlier? How GST May Impact Prices Of Goods GST or goods and services tax changed the indirect tax landscape of the country from July 1 by subsuming over a dozen of state and central taxes. Since GST is meant to eliminate "tax on tax", experts say overall tax burden on goods is expected to fall over time. Many essential goods such as unpacked food grains, gur, … [Read more...] about Cheaper Or Costlier? How GST May Impact Prices Of Goods
President of India addresses special function in Parliament organized to launch GST
President of India addresses special function in Parliament organized to launch GST The President of India, Shri Pranab Mukherjee graced a special function organized to launch the Goods and Services Tax (GST) in the midnight of June 30- July1, 2017 in the Central Hall of Parliament House, New Delhi. Speaking on the occasion, the President said that the introduction of GST is … [Read more...] about President of India addresses special function in Parliament organized to launch GST
Finance Minister holds Meeting with the representatives of trade and industry
Finance Minister holds Meeting with the representatives of trade and industry; Ask them to pass on the benefit of GST to consumers The Union Minister of Finance, Defence and Corporate Affairs, Shri Arun Jaitley asked the representatives of Trade and Industry to ensure that all benefits arising due to implementation of GST from 1st July, 2017 are passed on to the consumers in … [Read more...] about Finance Minister holds Meeting with the representatives of trade and industry