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Textile SMEs unaffected by GST rollout: Arun Jaitley

Union Finance Minister Arun Jaitley has said small retailers in textiles sector have not been affected by Goods and Services Tax (GST), while replying to a starred question in Rajya Sabha on July 18 in a written reply. The Finance Minister said that organised players and unorganised sellers are l…

Kalraj Mishra bats for acceleration to Khadi industry

Kalraj Mishra bats for acceleration to Khadi industry

Union MSME Minister Kalraj Mishra has expressed the willingness for Khadi products to be exempt from the new tax regime that has come into effect with the roll-out of Goods and Services Tax (GST) on July 1. The Union Minister was addressing a meeting with Khadi institution in the august presence …

GST Impact: The centre should provide spur to MSME sector

GST Council to review GST rollout on August 5

The all-powerful GST Council will review the implementation of the Goods and Services Tax as also levies on some of the items on August 5. “The review meeting of the GST Council would be on the August 5,” says Central Board of Excise and Customs Chairperson, Vanaja N Sarna told PTI. T…


GST: An idea whose time has come!

We are now just days away from the rollout of the goods and services tax (GST) on July 1 — the most ambitious indirect tax reform ever attempted in modern India. Yes, the design is far from perfect (given the multiplicity of rates), yet it is a visionary idea on which, amazingly, there is politic…


Amitabh Bachchan to be the brand ambassador of GST

The government has roped in Bollywood megastar Amitabh Bachchan to promote Goods and Services Tax (GST), ahead of the sweeping tax reform’s implementation scheduled from July 1. The Central Board of Excise and Customs will be making the 74-year-old Bachchan as the brand ambassador for GST. …