GST Council Extends Return Filing Date, Defers Decision On Realty Tax

The GST Council has deferred a decision on tax rates on real estate and lottery till Sunday.

Delhi Deputy Chief Minister Manish Sisodia on Tuesday wrote to Union Finance Minister Arun Jaitley, demanding postponement of GST Council meeting to be held through video-conference on Wednesday.

Congress President Rahul Gandhi said today that the government is talking about growth without creating any employment and that it is "funding big guys" when small and medium entrepreneurs are the ones who can create jobs.

Under-construction houses currently attract 12 per cent GST and 6 per cent stamp duty and registration.

A rate cut in cement to 18 per centwhich is long pending will lead to a loss of Rs 13,000 crore annually

Tamil Nadu's ruling AIADMK, which is being wooed by the BJP ahead of the Lok Sabha polls, on Monday criticized the Narendra Modi government on various fronts including demonetization, GST, unemployment and farm distress.

The AIADMK today said the central government failed to address the unemployment problem and also attacked it over demonetisation and implementation of Goods and Services Tax (GST).

The hike in TDS threshold on interest income will benefit small depositors and non-working spouses, the government has said.

GST or goods and services tax collections stood at Rs 1,02,503 crore in the month of January, the government said on Saturday. The official GST data for the entire first month of calendar year 2019 came days after the government notified the collections to have crossed the Rs 1 lakh crore mark. At Rs 1,02,503 crore, GST revenue last month was up 8.2 per cent compared ...

The January collection was also 14 per cent higher than last year's collection in the same month, the Finance Ministry said on Saturday.

The Goods and Services Tax (GST) collections for January have crossed the Rs 1 lakh crore mark and is expected to be Rs 103,000 crore, acting Finance Minister Piyush Goyal said on Friday.

Income tax concessions for individuals, a farm relief package, support for small businesses and possible populist spending measures may be part of the Budget that Finance Minister Piyush Goyal will present today as the government makes a last-ditch attempt to woo voters ahead of the general elections.

Interim Union Budget 2019: Union Minister Piyush Goyal will on Friday present the interim budget in Parliament. This budget will be the last by the NDA government before Lok Sabha elections due by May. From a cash package for the farmer to tax reliefs for the common man, expectations are high from the annual financial statement of the current administration. But can a...

The finance ministry said that final figures and details of collections for the entire month of January will be intimated on February 2, 2019.