Tag: tax regime
Council Approves All Five Draft Bills For GST
With the Goods and Service Tax (GST) Council on Thursday approving the remaining two draft bills -- UTGST (Union Territory GST) and SGST (state GST), all the five enabling draft bills stand approved to enable a likely rollout of the new indirect tax regime by July 1. ....
Tax Regime GST Comes Into Effect
At the stroke of midnight hour of July 1, President Pranab Mukherjee and Prime Minister Narendra Modi touched a button together and launched the "historic" Goods and Services Tax (GST).....
GST On Track, To Be Implemented From July 1: Finance Minister
Finance Minister Arun Jaitley on Saturday said that the Goods and Services Tax (GST), the new indirect tax regime, was on track and July 1 was going to be its likely date of implementation.....
Six Crore ITRs Filed In 2023-24, 70 Pc Under New Tax Regime
Around six crore income tax returns have been filed in 2023-24, of which 70 per cent were filed under the new simplified tax regime which offers a lower rate of tax but fewer deductions, Revenue Secretary Sanjay Malhotra has said. ....
'India's Growth To Bounce Back To 7.4% In 2017-18'
India's growth which was likely to slow down to 7.1 per cent in 2016-17 due to demonetisation, will bounce back to 7.4 in the current fiscal on improved investor confidence and business environment as a result of GST tax regime and other reforms, an ADB report said on Thursday.....
Uttar Pradesh To Roll Out GST From July 1
The Uttar Pradesh cabinet on Tuesday approved the GST Bill ahead of introducing it in the forthcoming assembly session so that the new tax regime could be rolled out from July 1, state government spokesperson and Minister Siddharthanath Singh said.....
