New Delhi: The GST Council has cleared the pending rules, including transition provisions and returns, with all the states agreeing to July 1 roll out of the Goods and Services Tax. “We were discussing the rules and (they) have been completed. Transition rules have been cleared and everybod…
World Environment Day: Here are 8 Indian start-ups that are making the earth better
Urban cities around the world produce approximately 3.6 million tonnes of waste in a day and it is projected that by 2025, it will shoot to 6 million tonnes a day. Indian cities such as Delhi, Varanasi, Patna count amongst one of the world’s most polluted. In a rapidly progressing world, the amou…
Tamil Nadu wants all food items to be nil-rated under GST
Tamil Nadu on June 3 demanded that all food items whether branded or not should be nil rated in the new GST regime to be rolled out next month and that some of the rates need to be revisited in the interest of the common man. Addressing the GST Council meeting, state Finance Minister Jayakumar [&…
Dry fruits industry petitions PM Modi to exempt them under GST
New Delhi: Country’s nuts and dry fruits industry has petitioned Prime Minister Narendra Modi for exempting them like fresh fruits under the proposed goods and services tax citing their health benefits, particularly for the vegetarian population. Industry has highlighted how increase in tax…
Have a business idea in mind? Here are 8 tips to prepare an impressive business plan
A business plan typically contains details of the product or service being offered. These details could include financial forecasts, revenue benchmarks and targets, target customer, potential markets, impending challenges, and also the company’s USP against other sector competitors. Most investor…
Retailers Association of India sets up GST helpdesk
Chennai: Retailers Association of India (RAI) has set up a desk to help its members understand GST. Through the helpdesk, member retailers across the country can resolve their queries by subject matter experts and facilitate a smoother transition to GST. Members can reach RAI on its website (http…
Flashlight makers urge to lower GST from 28% to 18%
The Indian Chamber of Commerce (ICC) along with leading dry cell battery and flashlight manufacturers Eveready Industries and Nippo has appealed to the Centre for lowering GST rates on flash lights. In a letter to the Union Finance Minister and GST council chairperson Arun Jaitley, the leading ch…
GDP: चीनी मीडिया का तंज, ड्रैगन बनाम हाथी रेस में पिछड़ा भारत
चौथी तिमाही में जीडीपी के ताजा आंकड़े सामने आने के बाद चीन की सरकारी मीडिया ने भारत पर तंज कसा है। जीडीपी विकास दर में आई गिरावट को चीनी मीडिया ग्लोबल टाइम्स ने ड्रैगन बनाम हाथी की रेस में भारत का पिछड़ना बताया है। चीनी मीडिया ने भारत की जीडीपी को मिले इस झटके लिए […]
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15th GST Council meeting begins, rates of 6 items to be decided
A meeting of the 15th Goods and Services Tax (GST) Council has commenced at the Vigyan Bhavan here on Saturday. Finance Minister Arun Jaitley is presiding over the meeting of all state finance ministers. The meeting is expected to decide the rates of six items, including gold biscuits, footwear, …
Harsimrat Kaur Badal takes up high GST rate on pickles, papad with FM
Union Food Processing Minister Harsimrat Kaur Badal has taken up with the Finance Ministry the issue of high GST rate proposed on some products like pickles, murabba and papad and sought a review of the same. The Minister has also forwarded Coca-Cola India’s demand not to include fizzy drin…