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Nitish Kumar seeks exemption of Gurdwaras 'langar' items from GST

Nitish Kumar seeks exemption of Gurdwaras ‘langar’ items from GST

Nitish Kumar seeks exemption of Gurdwaras ‘langar’ items from GST. Bihar Chief Minister Nitish Kumar sought an exemption of food prepared as ‘langar’ in Gurdwaras under the Goods and Services Tax (GST) structure. In this regard, Kumar penned a letter to Finance Minister Arun Jaitley, seeking exemption of all inputs related to the provision of

Govt blames GST, previous regime for 75,000 cr it owes to PSPCL for free power

Govt blames GST, previous regime for 75,000 cr it owes to PSPCL for free power

CHANDIGARH: The state government has passed on the buck for its failure to pay Rs 5,000 crore that it owes to the Punjab State Power Corporation Limited (PSPCL) as subsidy payment, on account of free power supplied to agriculture, to the introduction of the Goods and Services Tax (GST). In an affidavit filed before the sector

SGPC annual budget today at Teja Singh Samundri Hall

SGPC annual budget today

SGPC annual budget today. The SGPC is all set to present its annual budget for 2018-2019 on Friday. Besides, “dharma prachar” (propagation of Sikh religion), health and education, the GST could be the topic of discussion during the meeting scheduled to be held at Teja Singh Samundri Hall. With focus on promoting education and Sikh

GST Council divides states into 4 lots for rollout of intra-state e-way bill

GST Council divides states into 4 lots for rollout of intra-state e-way bill

The Goods and Services (GST) Council, in its 26th meeting on Saturday, decided to divide the states into four lots for the rollout of intra-state e-way bill in April.“The e-way bill system for inter-state transportation of goods will be implemented from April 1, 2018.After that, the state will be categorized into four lots for the implementation of intra-state e-way bill.It

Gurdwaras feel the GST pinch in serving free langars

Gurdwaras feel the GST pinch in serving free langars

The popular community kitchen — better known as the “langar” — of gurdwaras in northern India is feeling the pinch of the GST regime that came into force seven months ago.The cash-rich Shiromani Gurdwara Parbandhak Committee (SGPC), which manages gurdwaras, or Sikh shrines, across Punjab, Haryana and Himachal Pradesh, has claimed that the Goods and

Rs 2-cr GST paid

Rs 2-cr GST paid on langar items at Golden Temple

Rs 2-cr GST paid: With the purchases made for the world’s largest community kitchen at the Golden Temple coming under various slabs of the new GST since its inception in July 2017, the SGPC had to bear an extra burden of Rs 2 crore till date.Fumed over the Union Government’s insensitive attitude towards “langar sewa”

Taxpayers Finance Minister Arun Jailtely New Delhi Parliament demonetization

Taxpayers base increased after demonetization: Economic Survey New Delhi

The Economic Survey 2017-18 which was presented in Parliament by Finance Minister, Arun Jaitley on Monday said that there was an increase in the number of taxpayers post-demonetization.” Taking seasonality into account it is found that there is a 0.8 per cent monthly trend increase in new tax filers (annual growth of 10 per cent),”

GST cut to 8%

Affordable housing push: GST cut to 8% on low-cost homes, first-time buyers

low-cost homes: In what could usher in some relief for the first time home buyers, the government has reportedly cut GST rate from 12 per cent to 8 per cent for houses purchased using the credit-linked subsidy scheme (CLSS) under Pradhan Mantri Awas Yojna.A  first time homebuyer with a family income of up to Rs

#2017in5words: Twitterati Define the Year with Aadhar, GST and Virushka Wedding

#2017in5words: Twitterati define with Aadhar, GST and Virushka Wedding

#2017in5words: Twitterati define with Aadhar, GST and Virushka Wedding. Twitterati define #2017in5words with ‘Virushka, link Aadhaar, GST’. To define the year 2017 in five words, people on Twitter, got the hashtag #2017in5words trending. Many people joined in the discussion with five of what they thought were the words that defined the year the best. When

5% GST on electric vehicles

Society of Indian Automobile Manufacturing seeks 5% GST on electric vehicles

5% GST on electric vehicles: Automobiles industry body Society of Indian Automobile Manufacturers (SIAM) wants the government to bring down the rate of the GST (goods and services tax) levied on electric vehicles to 5% from 12% at present.The domestic automobile industry, which has slowly started taking small steps towards electric mobility, has said it

12%, 18% GST rates can be merged to new slab

Kolkata, Dec 8, Bihar Deputy Chief Minister Sushil Modi on Friday said the Goods and Services Tax (GST) Council would examine the possibility of merging the 12 and 18 per cent tax rates to a new slab. Modi, a member of the GST Council, has also suggested it that price tags displayed on items be

Restaurant overcharging

Is your restaurant overcharging you despite cut in GST?

Restaurant overcharging: While hanging out in a restaurant with family and friends, if you ever find your bill in which the charges are made on the basis of previous rates and is not following of the norms of GST, then you can make a formal anti-rewarding complaint, which is  however, not easy. According to the

GST made doing business easier for traders: Jaitley

New Delhi, Dec 1 (PTI) GST made doing business easier for traders: Jaitley. Finance Minister Arun Jaitley today said the Goods and Services Tax (GST) has made doing business easier for traders by expanding the market place and reducing tax compliance burden. He further said that the two structural reforms — GST and demonetisation —

Eateries may land in hot water for profiteering post GST

NEW DELHI: Eateries may land in hot water for profiteering post GST : Unhappy with the price hike introduced by restaurants after a steep reduction in the goods and services tax (GST), the government is looking to invoke anti-profiteering provisions.While restaurants are free to alter prices on account of higher costs, most have said the latest hike

Ludhiana Parking lots: GST adds to people's woes

Ludhiana Parking lots: GST adds to people’s woes

Ludhiana – Now Goods Service Tax (GST) would burn hole in the pockets of the visitors at bus stand, 18% GST would be implied on the parking fees at bus stand. Rate of parking of any vehicles would be spiked with the orders of GST rates addition on parking rates. City residents are already suffering a

Modi directed changes

Modi directed changes in GST after he came to know of practical difficulties: Rajnath

Lucknow, Nov 12, Modi directed changes in GST after he came to know of practical difficulties: Rajnath : The central government approaches issues with an open mind and Prime Minister Narendra Modi directed amendments in the Goods and Services Tax (GST) once he came to know of the practical difficulties, Union Home Minister Rajnath Singh said

Lalu demands rollback of note ban, GST

Lalu demands rollback of note ban, GST

Lalu demands rollback of note ban, GST RJD chief Lalu Prasad on Sunday demanded an immediate rollback of demonetisation and GST “for the sake of the people”.”Roll back notebandi and GST (Goods and Services Tax) for the sake of the people and the country,” the Rashtriya Janata Dal leader told the media here.Calling the two

PM Modi believes in eating fruits of other's labour: Rahul Gandhi

PM Modi believes in eating fruits of other’s labour: Rahul Gandhi

PM Modi believes eating fruits labour: Congress Vice President Rahul Gandhi lashed out at Prime Minister Narendra Modi for twisting a saying from Bhagvad Gita to suit his interests. A high decibel campaign is being run in Himachal Pradesh with senior leaders of Bharatiya Janata Party and Congress being rushed to the poll-bound state. While

GST is 'Great Selfish Tax', note ban a disaster: Mamata

GST is ‘Great Selfish Tax’, note ban a disaster: Mamata

West Bengal Chief Minister Mamata Banerjee on Monday branded the Goods and Services Tax (GST) a “Great Selfish Tax” and said it was being used to harass people and destroy the nation’s economy.She also termed the demonetisation a disaster and urged Twitter users to change their display pictures to black to protest against the note

GST is ‘Great Selfish Tax’, note ban a disaster: Mamata

Kolkata, Nov 6, West Bengal Chief Minister Mamata Banerjee on Monday branded the Goods and Services Tax (GST) a “Great Selfish Tax” and said it was being used to harass people and destroy the nation’s economy.She also termed the demonetisation a disaster and urged Twitter users to change their display pictures to black to protest

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