PS4 Slim, PS4 Pro, PS VR Price in India Slashed After GST Rate Cut

PS4 Slim, PS4 Pro, and PlayStation VR (PS VR) price in India have been slashed with immediate effect, Sony India informed retailers.

The government told the Lok Sabha on Monday that it has not assessed the impact of demonetisation and the GST on employees in the organised and unorganised sectors, including agricultural and contractual labour.

Actor Mahesh Babu has said there was no undisputed tax payable and that he was a law-abiding citizen complying with all fiscal legislations.

The Goods and Services Tax department on Thursday said it has attached the bank accounts of Telugu superstar Mahesh Babu to recover service tax dues from him.

Karnataka Chief Minister HD Kumaraswamy met Union Finance Minister Arun Jaitley in New Delhi on Thursday and sought extension of the GST compensation period till 2025.

Former finance minister P Chidambaram on Wednesday attacked the Centre over its alleged change in stance on the Goods and Services Tax regime, saying that till yesterday a single standard GST rate was a stupid idea, but was now the "declared goal" of the Modi government.

The Goods and Services Tax has had a "negative" effect on tourism in Jammu and Kashmir, a parliamentary panel has noted, adding the Centre should reconsider the indirect tax regime on tourism-related activities in the northern state.

The Directorate General of GST Intelligence (DGGI) has busted a racket of fraudulent companies engaged in raising fake tax invoices worth Rs 220 crore to avail input-tax credit.

CPI(M) general secretary Sitaram Yechury on Sunday alleged that Prime Minister Narendra Modi was resorting to manipulation of statistics to paint a rosy picture of his government's achievements.

Congress President Rahul Gandhi on Saturday said the Modi government was forced to bring down the GST rates after electoral verdict in three Hindi heartland states and insisted that the people have already made up their mind to defeat BJP in 2019.

The Bollywood film fraternity today welcomed the move to cut GST rates of movie tickets. Aamir Khan, Karan Johar, Akshay Kumar, Anupam Kher, Subhash Ghai, Prasoon Joshi and others took to social media to commend the move to reduce tax on movie tickets of two different price ranges.

GST on these items has been cut from 28 percent to 18 percent.

The Goods and Services Tax (GST) Council on Saturday cut rates of 33 items from 18 per cent to 12 per cent and 5 per cent, Puducherry Chief Minister V Narayanasamy said, following a meeting chaired by Finance Minister Arun Jaitley. The meeting at Vigyan Bhawan was attended by finance ministers all the states.

An intense debate raged between senior BJP and Congress leaders after Finance Minister Arun Jaitley shot down Congress chief Rahul Gandhi's idea of a single-slab Goods and Services Tax (GST) as "stupid".