August 23, 2017
arun-jaitley

Finance Ministry modifies cash management system to include post-GST changes

The finance ministry has modified the cash management system of the Central government to incorporate the change in date of tax receipts arising out of the new indirect tax regime […]
August 23, 2017
GST in India

11 states may see Rs 9,500 crore revenue loss this year under GST

MUMBAI: Even though as a whole states’ revenue may clip past at a CAGR of 16.6 per cent in FY18 over FY16 under the GST, 11 of them may need […]
August 22, 2017
GST

FMCG dealers seek to recover GST cost from companies

NEW DELHI: Companies in FMCG and consumer durable space are facing a surprise bouncer from their dealers experiencing goods and services tax (GST) transition blues. Dealers have sought compensation from […]
August 22, 2017
GST-News

Government gets Rs 42,000 crore tax so far in first filing under GST

NEW DELHI: As much as Rs 42,000 crore has already come in as taxes so far in the first monthly filing under the new Goods and Services Tax (GST) regime […]
August 22, 2017
GST

Call urgent meeting of GST council: Bengal Finance Minister to Jaitley

NEW DELHI: West Bengal finance minister Amit Mitra has written to Union finance minister Arun Jaitley urging him to convene an urgent meeting of the GST council to address the […]
August 21, 2017
devendra-fadnavis-l1

GST will boost affordable housing in state, says Maharashtra CM

Stating that the GST would boost the state’s housing projects, Chief Minister Devendra Fadnavis Sunday said the government had decided to sanction 4.5 lakh more affordable houses across Maharashtra. He […]
August 20, 2017
GST

GST to enable brand licensing industry to grow in India

MUMBAI: The implementation of Goods and Services Tax (GST) will enable brand licensing industry to grow in India and also allow retail industry to start respecting intellectual property rights, an […]
August 14, 2017
grocery_store

FMCG firms hit in Q1 due to pre-GST sales impact: Experts

NEW DELHI: Top FMCG players, including Hindustan Unilever, Dabur, Marico and Emami would have performed much better in first quarter had sales not been impacted by de-stocking ahead of GST […]
August 12, 2017
gst-medicines

Pharma sector cries foul over GST hit on July sales

The pharmaceutical sector has seen a decline in sales in July 2017. The All India Organisation of Chemists and Druggists (AIOCD) data shows that the sector registered a negative growth […]
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