NEW DELHI: The recent restructuring in the Goods and Services Tax (GST) regime will not only make life-saving drugs and healthcare more affordable and accessible but also lead to growth in the country’s pharma market, according to a report.

NEW DELHI: As discussions continue to bring petrol and diesel within the ambit of Goods and Services Tax (GST), Chairman of the Central Board of Indirect Taxes and Customs (CBIC) Sanjay Kumar Agarwal said it may not be possible to bring these items under the indirect taxation for the time being.

With the persistently rising healthcare costs in India, health insurance has become a vital tool to combat the medical inflation as it provides financial coverage for planned and unplanned treatments & illnesses. Hence, with its growing importance, it is also crucial to understand the health insurance cost. Apart from the premium amount, the major component which impacts the health insurance cost is the GST.

NEW DELHI: In response to the adverse external developments, especially around US tariffs, the government has sought to soothe the economic impact by revitalising consumption, among other measures, with the GST 2.0 reforms, a report said on Monday.

MUMBAI: The Indian benchmark indices opened higher on Monday over the GST booster, amid tariff-related uncertainty between India and the US.

NEW DELHI: The BJP Parliamentary Party on Sunday unanimously approved a resolution calling upon manufacturers, traders, big and small, to ensure that the GST reductions announced by the Narendra Modi-led government flow directly to the consumer.

CHANDIGARH: In a major breakthrough against organised crime amidst the ongoing drive to make Punjab a safe and secure state as per directions of Chief Minister Bhagwant Singh Mann, Punjab Police’s Anti-Gangster Task Force (AGTF) Punjab apprehended an associate of foreign-based Gangster Goldy Brar and recovered five .32 bore pistols along with 10 live cartridges from their possession, said Director General of Police (DGP) Punjab Gaurav Yadav here on Sunday.

NEW DELHI: Hyundai Motor India on Sunday announced that it will pass on the full benefit of the recent GST reforms to its customers, offering significant price cuts across its passenger vehicle range.

CHANDIGARH: Haryana Chief Minister Nayab Singh Saini on Saturday said the Goods and Services Tax (GST) reforms announced by Prime Minister Narendra Modi from the ramparts of the Red Fort on Independence Day have been implemented within just a month.

NEW DELHI: Union Electronics and IT Minister Ashwini Vaishnaw on Saturday said that Prime Minister Narendra Modi has given a big gift to common citizens in the form of next-generation GST reforms.

MUMBAI: The Indian equities ended marginally higher this week as initial optimism around GST rationalisation trickled down and global trade tensions resurfaced.

NEW DELHI: Union Minister of Commerce and Industry Piyush Goyal on Friday hailed the latest reforms in the Goods and Services Tax (GST) structure as “the biggest economic reform since Independence,” crediting Prime Minister Narendra Modi for fulfilling a long-awaited vision to simplify India’s tax system.

NEW DELHI: With South Africa’s youngsters shining in series wins over Australia and England, SA20 League Commissioner Graeme Smith believes the league has helped the young guns perform at a high level when called up to the international stage.

NEW DELHI: The next-generation GST reforms are a historic leap forward for India’s textile sector, serving as a catalyst for the country’s march towards becoming a $350 billion textile economy by 2030, according to the government.

NEW DELHI: Prime Minister Narendra Modi on Thursday said that the next-generation GST reforms are a step towards building a healthier and stronger India.

NEW DELHI: Delhi Chief Minister Rekha Gupta on Thursday welcomed the new reforms announced by the GST Council, describing them as a decisive step that will give fresh momentum to the city’s economy and prove to be a milestone in the country’s growth journey.

NEW DELHI: The sweeping changes in Goods and Services Tax (GST) rates announced by the government may have only a minor impact on public finances, with the fiscal burden on the Centre expected to be just Rs 18,000 crore, according to a report by global brokerage Bernstein on Thursday.

NEW DELHI: Union Minister Jitan Ram Manjhi on Thursday lauded Prime Minister Narendra Modi’s development road map, calling the recent Cabinet decisions on Micro, Small and Medium Enterprises (MSMEs) and Goods and Services Tax (GST) “milestones” towards building a 'Viksit Bharat' by 2047.

MUMBAI: Maharashtra Chief Minister Devendra Fadnavis hailed the GST 2.0 reforms, calling the move to a two-slab structure a “truly historic reform for New India.”

NEW DELHI: Calling the reforms made in the Goods and Services Tax (GST), truly next-gen in nature, Union Health Minister J.P. Nadda on Thursday said that it will bring down the healthcare costs and lead towards a fit and healthy Bharat.

KOLKATA: The Trinamool Congress has claimed moral victory after the Union government exempted Goods and Services Tax (GST) from individual health and life insurance policies.

MUMBAI: The Indian benchmark indices opened higher on Thursday, buoyed by transformative rate reductions announced by the GST Council across sectors.

CHENNAI: The Tamil Nadu unit of the Bharatiya Janata Party (BJP) on Thursday described Prime Minister Narendra Modi’s Goods and Services Tax (GST) reforms as a “transformative step” that has reshaped India’s economy, while drawing a sharp contrast with the tariff policies of US President Donald Trump.

NEW DELHI: Lauding Prime Minister Narendra Modi's visionary leadership for delivering on his promises to the people of the country, Union Home Minister Amit Shah termed the GST tax rate cuts and reforms as a "truly transformative decision" and added that these reforms will not only "ensure ease of living but also give a big boost to ease of doing business, especially for small traders and entrepreneurs".

NEW DELHI: The reforms made in Goods and Services Tax (GST) by the GST Council, in its 56th meeting on Wednesday, will boost the affordability of life-saving drugs as well as address public health, pharma industry experts said.

NEW DELHI: The GST Council on Wednesday approved historical changes to India's indirect tax structure — adopting a 5 per cent and 18 per cent tax structure — and several daily-use goods will become cheaper from September 22.

NEW DELHI: In a landmark move, the GST Council, chaired by Finance Minister Nirmala Sitharaman, on Wednesday rationalised the indirect tax structure, cutting the current four slabs down to two -- scrapping the 12 per cent and 28 per cent rates, while retaining the 5 per cent and 18 per cent slabs.

NEW DELHI: The government on Wednesday said that in order to continue with ease of doing business reforms, the GST registration process has been further simplified, especially for small businesses and low-risk applicants.

NEW DELHI: In a historic move, the Union government has slashed the Goods and Services Tax (GST) rates for 33 cancer drugs and rare medicines -- from 12 to zero per cent.

NEW DELHI: In a significant development for policyholders, GST on individual health and life insurance premiums, which currently stands at 18 per cent, has been reduced to nil in the 56th GST Council meeting, and will come into effect starting September 22.

AMARAVATI: The Andhra Pradesh government has asserted its support for next-generation GST reforms proposed by the Centre.

MUMBAI: The Indian benchmark indices opened flat on Wednesday, tracking weak global cues, while investors await the outcome of the two-day GST Council meeting to revise rates.

JAIPUR: The Indian Heritage Hotels Association (IHHA) has submitted a memorandum to Union Tourism Minister Gajendra Singh Shekhawat seeking GST exemption for foreign tourists.

MUMBAI: The combination of the upcoming GST 2.0 reforms, rising rural incomes and easing inflation could set the stage for a major revival in India’s consumption story, a new report said on Tuesday.

MUMBAI: The Indian benchmark indices opened marginally higher on Tuesday as investors are keen on the two-day GST Council meeting this week, where a major rate overhaul is expected.

MUMBAI: In a shocker, the Maharashtra GST Department raided and detected cash, silver bars worth Rs 10 crore, plus a business turnover of a staggering Rs.1,764 crore from an office measuring just 35 sq.feet -- smaller than a home toilet.

NEW DELHI: The Central Bureau of Investigation (CBI) on Thursday arrested two superintendents in CGST and Customs Excise department, Bhopal, for allegedly demanding and accepting a bribe of Rs 2 lakh from the complainant.

ETAH: Former Samajwadi Party legislator Rameshwar Singh Yadav has been booked under the Uttar Pradesh Gangsters and Anti Social Activities (Prevention) Act for grabbing government land.

CHANDIGARH: With newly constituted Anti-Gangster Task Force (AGTF) swinging into action, Director General of Police (DGP) Punjab V.K. Bhawra on Monday gave a clarion call to the people of the state to join hands with the police against the anti-social elements trying to disrupt the peace and harmony.

MUMBAI: The Maharashtra state GST Department has arrested a businessman for generating fake bills of Rs 102 crore to make bogus input tax credit claims of Rs 14 crore, an official said here on Saturday.

CHANDIGARH: Showing zero tolerance towards gangsterism, the Punjab Chief Minister Bhagwant Mann on Friday asked the Anti Gangster Task Force (AGTF) to stamp out gangsters from the state in order to repose people’s full faith and confidence in the law and order machinery.

CHANDIGARH: Punjab Chief Minister Bhagwant Mann on Thursday asked the Commissioners of Police (CPs) and Senior Superintendents of Police (SSPs) to play a frontal role in war against gangsters by personally conducting operations and interrogations.

MUMBAI: Former India head coach Ravi Shastri has been left mighty impressed with the performance of young Mumbai Indians batter Tilak Varma in IPL 2022, especially with the wide range of shots in the repertoire of the young left-handed batter.

CHANDIGARH: In a bid to wipe out gangster's network operating across the state so as to create a sense of security amongst the citizens, Punjab Chief Minister Bhagwant Mann on Tuesday directed DGP Punjab VK Bhawra to establish a full-fledged Anti-Gangster Task Force (AGTF) headed by ADGP rank officer.

CHANDIGARH: In a bid to wipe out gangster's network operating across the state so as to create a sense of security amongst the citizens, Punjab Chief Minister Bhagwant Mann on Tuesday directed DGP Punjab VK Bhawra to establish a full-fledged Anti-Gangster Task Force (AGTF) headed by ADGP rank officer.

CHADIGARH: In a bid to wipe out gangster's network operating across the state so as to create a sense of security amongst the residents, Punjab Chief Minister Bhagwant Mann on Tuesday directed Punjab DGP V.K. Bhawra to establish a full-fledged Anti-Gangster Task Force (AGTF), headed by an ADGP-rank officer.

NEW DELHI: India's GST collection touched a record high in March 2022 at Rs 1,42,095 crore, official data showed on Friday.

NEW DELHI: Three gangsters of Lawrence Bishnoi and Virender Pratap a.k.a. Kala Rana syndicate were arrested here on Thursday after a brief exchange of fire, the police said.

CHANDIGARH:  Following the formation of Aam Adami Party (AAP) government led by Chief Minister Bhagwant Mann, as many as nine non-official office bearers of various boards/corporations have resigned.

PATNA:The Nitish Kumar government's clean image has suffered a jolt after senior RJD leader Bhai Virendra on Wednesday alleged that more than 1,800 contractors associated with the rural development projects did not make GST payment to the government.

AMRITSAR: Aam Aadmi Party (AAP) national convener Kejriwal has claimed that Chief Minister Charanjit Singh Channi is losing from both constituencies, Chamkaur Sahib and Bhadaur.

MUMBAI: After the registration for the Indian Premier League (IPL) 2022 player auction ended on January 20, the tournament said in an official advisory that 1,214 players have registered for the two-day event.

CHENNAI: Tamil Nadu government wants the Goods and Services Tax (GST) compensation regime to be extended by two more years, Governor R.N.Ravi said.

NEW DELHI: India's GST collection rose 13 per cent in December 2021 on a year-on-year basis to Rs 1,29,780 crore.

NEW DELHI: Delhi Deputy Chief Minister Manish Sisodia will raise the demand to withdraw the increased tax on textiles from earlier 5 per cent to the proposed 12 per cent in the GST (Goods and Services Tax) Council meeting on Friday.

CHANDIGARH: Shiromani Akali Dal today asked Chief Minister Charanjit Singh Channi to come clean on whether his Home Minister Sukhjinder Singh Randhawa has had a close door meeting with the family and close links of the country’s premier gangster , Mukhtar Ansari

MEERUT: The 25 odd accused in Sotiganj car-breaking and stolen auto-parts racket, will now be booked under the Gangsters Act.

CALGARY: Nine alleged gangsters of Indian origin were among those arrested and charged by law enforcement in two Western provinces in Canada, in coordination with federal agencies, as they busted a major drug trafficking ring.

CHANDIGARH: The Goods and Services Tax (GST) cash collection in November, 2021 grew by 32 per cent to Rs 1845-crore in Punjab- the second highest since the Central tax regime came into force. This collection is second only to that in April, 2021 but also the growth rate experienced is third highest in the country across the major States after Odisha and Kerala.

BHUBANESWAR:Odisha has recorded 64 per cent growth in GST collection in November compared to the same month of the last fiscal, officials said on Thursday.

NEW DELHI: India's GST collection rose on both sequential and year-on-year basis in November.The gross GST collection rose to Rs 1,31,526 crore last month, and it was the second straight month when the gross GST collection crossed Rs 1.30 lakh crore.

MUMBAI:Maharashtra, which contributes the highest to the Centre's GST kitty, has the maximum amount outstanding for the past two years of the Covid-19 pandemic, a RTI reply has revealed.

CHANDIGARH:Scripting history to weed out the menace of Tobacco usage, Punjab has created a new milestone with secured a place in Lowest Tobacco Use Prevalence as per latest National Family Health Survey (NFHS-5) data.

BANGA:Giving an unprecedented push to development of the Banga assembly segment, the Punjab Chief Minister Charanjit Singh Channi on Tuesday announced a grant of Rs 132 crore for constituency including a Government college and an integrated sports stadium.

NEW DELHI: Former Union Minister P. Chidambaram on Friday targeted the Prime Minister after he announced the withdrawal of farm laws and said that 'in fear of losing elections he will now admit all his blunders'.

CHANDIGARH/MOGA:Punjab Police on Monday arrested two persons from outside the Moga District Court Complex for making an attempt to take a criminal away from the police custody. Notably, the Moga Police was to produce Harjinder Singh alias Raju of Moga in the Court for hearing.

CHANDIGARH/MOGA:Punjab Police on Monday arrested two persons from outside the Moga District Court Complex for making an attempt to take a criminal away from the police custody. Notably, the Moga Police was to produce Harjinder Singh alias Raju of Moga in the Court for hearing.

NEW DELHI: Based upon specific intelligence, officers of the Anti Evasion Branch of Central Goods and Service Tax (CGST) Commissionerate, Delhi (East) have unearthed a case of availment/utilisation and passing on of inadmissible input tax credit (ITC), through bogus GST invoices without actual movement of goods, of about Rs 34 crore.

NEW DELHI:In what would facilitate execution of work contracts by companies away from their registered place of operation, the Karnataka Authority of Advance Ruling (AAR) has ruled that no separate GST registration in Karnataka is required for the supply of service by companies and they can raise invoice by charging IGST from their registered offices.

VARANASI: Atul Rai, the jailed Bahujan Samaj Party (BSP) MP from Ghosi and one of his accomplices, have now been booked under the Gangster Act.

PATNA: An international criminal wanted in over a dozen cases of heinous crimes including murder, kidnapping, extortion, and bomb blasts was arrested by the Bihar Police on Thursday.

CHANDIGARH: Punjab Police has today arrested the Haryana-based man whose credentials and documents were used to hire a flat for the hideout of slain gangsters-turned-drug smugglers Jaipal Bhullar and Jaspreet Singh alias Jassi in Kolkata. The arrested person has been identified as Sumit Kumar, a resident of Meham in Haryana.

NEW DELHI: Amid calls for lower levies on items and medicines required in Covid-19 treatment, the GST Council on Saturday decided to slash rates of several Covid-relief items to 5 per cent from existing 12-18 per cent levels, although it kept the much talked-about tax rate on vaccines unchanged at 5 per cent.

CHANDIGARH: Stating that the COVID-19 crisis is a once in a century calamity, Punjab Finance Minister Manpreet Singh Badal on Saturday stated that the GST’s Group of Ministers (GoM) should stop acting like a shahenshah of yesteryears and instead let compassion speak through its decisions.

CHANDIGARH: While most governments across the globe have been pilloried for their stark Covid data inconstiencies, Punjab has set high standards in pandemic data reliability and efficiency.

CHANDIGARH: Most wanted drug smuggler and gangster, Jaipal Singh Bhullar s/o Bhupinder Singh r/o Ferozepur and Jaspreet Singh @ Jassi s/o Ravinder Singh r/o Kharar, SAS Nagar, who had rewards of 10 Lakh and 5 Lakh rupees on their head have been neutralized by the STF West Bengal Police on Wednesday afternoon, after they fired on the STF Police party, when they raided their apartment.

GORAKHPUR: (Uttar Pradesh): A dreaded gangster and accused in the murder of a BSP leader, who had been operating from Nepal, has been shot dead by the Uttar Pradesh Special Task Force (STF) in an encounter.

HOSHIARPUR: A notorious gangster of Doaba and Malwa area along with two accomplices has been arrested from Uttar Pradesh's Tilhar city and a huge cache of weapons and ammunition seized from them by the local police in its weeks' long investigation and three-day special operation.

CHANDIGARH: Punjab Police has arrested two of the main accused in the sensational killing of CIA Assistant Sub Inspectors (ASIs), Bhagwan Singh and Dalwinderjit Singh, who were gunned down in cold blood in Jagraon Grain Market on May 15.

NEW DELHI: The supply of food items under government schemes to Industrial training institutes (ITI) will be treated at par with supply of mid-day meals to schools and not attract GST.

NEW DELHI: Amid calls for full exemption of goods and services tax (GST) on vaccines, Finance Minister Nirmala Sitharaman on Sunday said that a complete waiver may lead to a rise in their prices, impacting the common man.

CHANDIGARH: Quickly acting on the disclosures of Gangster-cum-Drug Smuggler Gavi during his interrogation, the Punjab Police on Saturday, have managed to bust the entire part of his module active in Punjab with the arrest of his five accomplices. A close aide of wanted gangster Jaipal, Gavi Singh @ Vijay @ Giani was arrested from Sarai Kila Kharsawa district in Jharkhand on April 26, 2021 during a joint operation by the Organised Crime Control Unit (OCCU) of Punjab Police and SAS Nagar Police.

NEW DELHI: Former Congress President Rahul Gandhi on Saturday slammed the government over the goods and services tax (GST) on vaccines, saying the lives of can be lost but the Prime Minister's tax collection should not be lost.

NEW DELHI: In view of the coronavirus pandemic, the Central Government has exempted IGST or integrated GST on import of such goods received free of cost for free distribution of Covid relief.

NEW DELHI: As the Covid crisis and the resultant lockdowns impact business, the Centre has come up with several relaxations regarding timelines for GST compliance norms.

CHANDIGARH: Punjab has earned the revenue of Rs. 1481.83 crores from GST during the month of April 2021 which is the highest ever revenue from GST for any particular month since the introduction of GST in the country during July, 2017.

NEW DELHI: India's gross GST revenue collection reached a new record high of over Rs 1.41 lakh crore in April 2021, beating all expectations of lower collections in wake disruptions clauses by fresh wave of Covid-19.

MUMBAI: Even with the new wave of Covid-19 resulting in 'lockdowns' in 15 parts of the country and impacting business all across, the country's GST collections, the barometer of economic activity in India, is likely to cross the Rs 1 lakh crore mark for the sixth time in as many months in April, a SBI Ecowrap report said on Friday.

NEW DELHI: The government has provided relief to GST taxpayers from a physical visit to tax office for verification of digital signature required on return forms.

CHANDIGARH: The Organised Crime Control Unit (OCCU) of Punjab Police, in a joint operation with SAS Nagar Police, have arrested Gavi Singh @ Vijay @ Giani, a close aide of Gangster Jaipal, who had fled the State following police pressure and was absconding. He was involved funding of the gang by running a drug cartel, Director General of Police (DGP) Punjab Dinkar Gupta said here on Tuesday.

NEW DELHI: Congress interim president Sonia Gandhi has written a letter to the Prime Minister and asked him to exempt the medicines and equipment required for Covid-19 treatment and Rs 6,000 should be transferred every month in the accounts of those who are eligible.

CHANDIGARH: The Punjab Police in a joint operation with Himachal Pradesh Police arrested a close aide of jailed gangster Lawrence Bishnoi, who played the prime role in the planning, execution as well as providing shelter to killers of Youth Congress leader “Gurlal Singh Bhalwan” on the directions of Lawrence Bishnoi and Canada based Goldy Brar.

NEW DELHI: GST rates are unlikely to witness any major changes during the extended run of the pandemic as the Centre and the states have agreed not to disturb the country's indirect tax structure in wake of the current economic situation where growth has contracted and industrial activity is just about reviving after coming to a standstill during the lockdown.

NEW DELHI: India's gross GST revenue collection reached a new record high of over Rs 1.23 lakh crore in March 2021.
The GST revenues during March 2021 are the highest since the introduction of the tax.

CHANDIGARH: In a major break-through, Special Task Force (STF) of Haryana Police has arrested a criminal, associated with Sampat Nehra, a close aide of gangster Lawrence Bishnoi from Kurukshetra district. Police has also recovered an illegal pistol and five cartridges from his possession.

NEW DELHI: Kuldeep Maan alias Fajja, a gangster who had escaped police custody following a shootout at GTB Hospital three days back, was killed in an encounter late Saturday night at Tulsi apartments in Rohini's Sector 14, the Delhi Police said.

NEW DELHI: In a big victory for the Uttar Pradesh government, the Supreme Court on Friday allowed transfer of gangster-turned-MLA Mukhtar Ansari from a Punjab jail to Banda jail in UP.

CHANDIGARH: The coordination meeting of Director Generals of Police (DGsP) of Punjab, Haryana and Chandigarh was held at Panchkula on Thursday, to prepare devise strategy and Action Plans against gangsters & criminals who have been operating in these states.

NEW DELHI: While debating the Finance Bill 2021 in the Rajya Sabha on Wednesday, Bharatiya Janata Party (BJP) MP Sushil Modi explained the reason behind not bringing petrol and diesel prices under the GST.

CHANDIGRH: Officers of the investigation wing of Punjab State GST today arrested 5 persons for creating and operating a bogus billing network across various states including Punjab, Delhi and Haryana and availing & passing on fraudulent ITC to the tune of more than Rs. 122 Crore to various firms without due payment of tax to the Government.

NEW DELHI: The Directorate General of GST Intelligence (DGGI) and the CGST Commissionerates have so far arrested 357 persons, including 12 chartered accountants, one company secretary and an advocate, in the ongoing nationwide drive against fake GST invoice frauds since mid-November, 2020.

NEW DELHI: Finance Ministry has released the 19th weekly instalment of Rs 2,104 crore to the states to meet the GST compensation shortfall.

MUMBAI: In a major swoop, the Mumbai Police's Anti Narcotics Cell, Kandivali, has seized Charas worth Rs. 2.80 crore from a Nepali gangster, an official said.

AHMEDABAD: As soon as the fourth and final Test between India and England finished and the presentation ceremony was over here on Saturday, batsman K.L. Rahul went to the pitch on which the final Test was played and started smashing a few balls.

NEW DELHI: Consumers can be spared from a rally in retail prices of petrol and diesel if the two auto fuels are brought under the GST regime, but lack of political will and hesitancy to let go a major source of revenue for governments is keeping the product prices one of the highest in the world, economists at SBI said on Thursday.