Under the existing federal structure of the country and the applicable tax laws, Service Tax is charged on the services provided by one person to other. Service Tax is governed and collected by the ...

Jaitley said that GST will ensure free movement of goods across the country, and will put an end to the tax differences. (Image: Reuters) The GST Council has proposed to raise the peak tax rate to 20 ...

GST will be a game-changing reform for the Indian economy which promises a common Indian market and reduction of cascading effect of tax on the cost of goods and services. GST will have a far-reaching ...

GST Council headed by FM Arun Jaitley is likely to finalise the draft model GST law including final drafting of the anti-profiteering clause on February 18, Saturday. The government intends to ...

The GST Council, which is meeting on Saturday, is likely to finalise the draft model GST law including final drafting of the anti-profiteering clause to ensure benefit of lower taxes gets shared with ...

The information technology sector has arguably held fort as the country's bellwether sector for the past couple of decades. More recently, e-commerce, one of the fastest growing sectors, seems to be ...

The Federal Government wants to adopt a new model for carving up the billions of dollars in GST revenue, but will have to chip in cash to ensure no state is worse off. Treasurer Scott Morrison will ...

The revised draft of model GST law, which was made public in November 2016, provides for a maximum rate of tax under the new regime at 14%. Photo of Finance Minister, Arun Jaitley. Image Source: ...

New Delhi, Mar 2 () The GST Council has proposed to raise the peak tax rate to 20 per cent, from the current 14 per cent, in the model goods and services tax Bill to preclude the requirement of ...