Goods and Services Tax

New Delhi: The Goods and Services Tax (GST) reforms came into effect on September 22, bringing significant changes in prices of daily-use items, vehicles, insurance, and consumer goods. The move, announced by the Union government as a…

TNI Bureau: Share market welcomed the Goods and Services Tax (GST) reforms with a strong rally on Thursday, led by gains in auto and FMCG stocks. The Sensex surged 621 points to 81,160, while the Nifty rose 170 points to close at 24,891.…

TNI Digital: Union Finance Minister Nirmala Sitharaman on Wednesday chaired the 58th meeting of the Goods and Services Tax (GST) Council, beginning deliberations on the most significant reform of the indirect tax system since its launch in…

TNI Bureau: In a major decision, the Group of Ministers (GoM) on GST rate rationalization has accepted the Centre's proposal to move to a two-slab structure of 5% and 18% for Goods and Services Tax (GST). The main objective of reducing…

TNI Bureau: In a big relief for GST taxpayers, the Union Government on Thursday has decided to extend last date of filing annual goods and services tax (GST) return to 31 March 2020. The Central Board of Indirect Taxes and Customs (CBIC)…