GST bill passed in Rajya Sabha; truly historic, says PM

In the biggest tax reform since Independence, the national sales tax or GST Bill was on Wednesday approved by the Rajya Sabha to replace a raft of different state and local taxes with a single......

No-trust vote against Modi govt defeated 325-126

Prime Minister Narendra Modi-led National Democratic Alliance government sailed through its first floor test in Lok Sabha by defeating the no-confidence motion moved by Telugu Desam Party on......

Draft GST bills from Centre to states have no rates

The Centre is likely to introduce the Central GST and integrated GST bills in late November or early December in the ongoing session in the form of money Bills. The Centre has circulated the draft......

GST Bill: 10 things to watch out for

The Constitution does not provide for a parallel levy of indirect taxes by the Centre and states, a pre-requisite for the roll-out of goods and services tax in the country. The government......

How FMCG companies are getting ready for GST roll-out

They are evaluating realignment of warehouses and supply chains, besides exploring locations to set up hubs and shutting down some distribution centres Fast-moving consumer goods (FMCG) companies......

GST collection in April is highest ever, at Rs 1.87 lakh crore

GST collection in April rose by 12 per cent annually to over Rs 1.87 lakh crore, touching an all-time monthly high, showed finance ministry data released on Monday. Illustration: Dominic......