Xiaomi, Redmi, Poco Phones Get a Price Hike as Increased GST Rate Comes Into Effect

Xiaomi India MD Manu Kumar Jain has announced that the price of Xiaomi, Redmi, and Poco phones in India has gone up starting today as the new GST rates come into effect.

Punjab Chief Minister Amarinder Singh on Saturday sought immediate release of GST compensation arrears of Rs 2,088 crore as well as deferment of instalments of industrial and agricultural loans by commercial banks to help the state fight the coronavirus infection.

The Society of Indian Automobile Manufacturers (SIAM) has welcomed the Finance Ministry's decision in the wake of the COVID-19 pandemic. Earlier today, Finance Minister Nirmala Sitharaman announced a range of steps for the extension of statutory and regulatory compliances in order to stabilise the Indian economy. The central government has formed an Economic Task Forc...

The last date for filing of GST Returns for March, April and May 2020 has been extended to June 30, finance minister Nirmala Sitharaman announced today amid a number of relief measures following the crisis triggered by coronavirus. There have been expectations of GST relief as small traders and businessmen struggled over the last weeks as state after state announced l...

"I liked an ice-cream at Karan Johar's place and as a kind gesture he sent some home," wrote Kartik Aaryan

With the GST Council, headed by Finance Minister Nirmala Sitharaman, increasing the GST on mobile phones from 12 percent to 18 percent on Saturday, industry experts feel it would hit the industry and the consumers hard.

The GST Council on Saturday decided to increase GST rates on mobile phones to 18 percent from 12 percent with effect from April 1, Finance Minister Nirmala Sitharaman said

The Central Bureau of Investigation has registered a case against Deepak Pandit, an Assistant Commissioner of Goods and Service Tax and Central Excise, on corruption charges for amassing assets worth over Rs 3.96 crore which are 376 per cent above his known sources of income, officials said on Friday.

An employee of the GST Bhavan showed immense courage and patriotism when he climbed nine floors of the fire-hit building on Monday to save the national tricolour from being burnt.

A fire broke out on the eighth floor of a government building in Mumbai's Mazgaon today. In visuals, black smoke is seen billowing out from the windows of the GST Bhavan. Firefighters said no one was injured or trapped.

Finance Minister Nirmala Sitharaman on Saturday said the Central government is plugging the loopholes in the Good and Services Tax (GST) with the use of technology and is working towards eight per cent growth rate.

Prime Minister Narendra Modi on Thursday attacked the Congress for the delay in implementation of the Goods and Services Tax or GST, saying that it was only after he took office that the outstanding issues were resolved, paving the way for the rollout of the unified tax regime.

The monumental blunder of demonetisation, a flawed GST and putting the squeeze on banks were the three major errors committed by the government that sent the economy into a tailspin, senior Congress leader P Chidambaram said today.

GST reduction and incentive based scrappage policy are the need of the hour, but all indirect benefits should curb liquidity crisis and uplift general customers' sentiment.