Archive | GST

Textile mills ask PM for fixed 5% GST

Tamil Nadu textile mills have approached Prime Minister Narendra Modi to ask for a fixed levy of 5% under the new GST scheme. More than 471 mill owners have written to the PM’s office via the My Government portal in this regard. Prabhu Damodaran, the secretary of the Indian Texpreneurs Federation, said that while has […]

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GST council meet today: decision on GST launch date?

The GST council is meeting today to resolve differences between centre and states over administration powers over GST registrants. The issues that will be take up relate to – Some states are seeking independent control over taxpayers with revenue under Rs 1.5crore And states asking for equal revenue sharing (between centre and state) for taxpayers […]

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How GST will help Startups

We have been surrounded with a buzz on GST and its impact on various industries. Most of the discussions are happening around how GST will turn around the way India does business, how various industries are going to benefit from the shift in tax regime and how this will optimize the GDP of India. Analysts […]

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Here’s what no one told you about the GST rates

For the government meeting the GST deadline might be a significant milestone. But for the common man, it all boils down to how tax rate changes influence their home budget. Will your monthly budget shoot up or soften? Will you be able to afford your next white good purchase? Or its time to tighten the […]

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