GST

GST will be negative for some sectors in India

Newsroom24x7 Network Mumbai: A special report published today by Fitch Ratings projects that India’s new Goods and Services Tax (GST) is likely to have a negative impact on the oil & gas, traditional retail and SME sectors.   //pagead2.googlesyndication.com/pagead/js/adsbygoogle.js (adsbygoogle = window.adsbygoogle || []).push({}); Fitch Ratings’ latest Special Report, published today says that GST may have […]

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GST has special significance for States: Jitendra Singh

Newsroom24x7 Staff Nainital: Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh has said the GST promises to provide a level-playing field to all the States of the Indian Union. This equitable fair deal, according to Dr. Singh, […]

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GST Should Boost India’s Long-Term Growth Prospects: Fitch

Newsroom24x7 Network Hong Kong/Sydney/Singapore: India’s new Goods and Services Tax (GST) will unify the indirect tax system and remove domestic barriers to trade, which should support productivity gains and GDP growth over the long term, says Fitch Ratings. The GST that came into effect on 1 July is relatively complex, including multiple tax rates for […]

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GST launched at historic midnight session of Parliament

Newsroom24x7 Staff New Delhi: The Goods and Services Tax came into force at midnight, amid a historic midnight session in the Central Hall of Parliament here. President Pranab Mukherjee, Prime Minister Narendra Modi, and Finance Minister Arun Jaitley addressed the gathering, before the President and the Prime Minister pressed a button to mark the launch […]

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