GST Bill
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GST impact: Cars, FMCG items to get cheaper; services costlier
With GST expected to roll out in April next year, Luxury cars, FMCG products, consumer durables, electronics items and readymade garments will become cheaper. While mobile phones, banking and insurance services, telephone bills as well as air travel will...
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GST to not prompt inflation if tax rate remains 18 per cent: CAIT
Evaluating various provisions of Model GST Bill, the Confederation of All India Traders (CAIT) said that standard tax rate if remain nearby 18 per cent under GST will prove to be an ideal tax rate and in all probability...
Retail
GST bill to be taken up in Lok Sabha today, Modi likely to intervene
IANS -
The amended Goods and Service Tax (GST) bill will be taken up in the Lok Sabha today for passage with Prime Minister Narendra Modi likely to intervene in the debate.
The government has listed the bill for Monday's legislative business...
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GST is a win-win for Government, industry, consumers: Industry leaders
IANS -
As India took a big leap towards a unified Goods and Services Tax (GST) regime across the country, with the upper house of parliament passing the relevant Constitution amendment bill on Wednesday, industry biggies and major think tanks said...
Retail
The impact of GST on the retail sector in India
In the retail sector, GST means seamless integration of goods and service transaction across states and benefit for the value chain at different stages…
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Emami hires PwC to asses GST regime impact
FMCG major Emami on Wednesday announced that it has hired consultant PriceWaterhouseCoopers (PwC) to assess the impact of GST regime on the company and chart a roadmap to realign firm's strategy accordingly.
"We are evaluating the impact and for that we...
Retail
Historic GST Bill passed: India becomes a unified marketplace
If implemented successfully, it is expected to add up to 2 per cent to the country’s gross domestic product, increase the tax base and ensure revenue buoyancy...
Retail
Expert Speak: What GST can do for real estate
The retail industry too will see an indirect impact due to increased efficiencies in the supply chain and cost to customer will go down as the multiplicity of taxes will no longer apply...
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GST: India journey, and how other countries have implemented it
Once implemented, the Bill will convert the country into a unified market, replacing most indirect taxes and subsuing all those into a single tax regime...
Retail
GST Bill to be taken up on Wednesday, Congress wants more talks
IANS -
The Government has listed the GST bill for discussion in the Rajya Sabha on Wednesday, hoping it will be passed through consensus, but the opposition Congress said that consultation is still on over the issue and an agreement is...
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Retail sales grow 8% y-o-y in March 2024: RAI Survey
According to the survey, sports goods reported a growth of 11% followed by apparel and beauty showing a growth...
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