Assam Includes GST In Class 12 Economics Curriculum

The Assam Higher Secondary Education Council (AHSEC), the regional board for holding Class 12 examinations in the state, has decided to introduce the GST in its curriculum from the current academic year.

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 today.

CAIT, the traders body said the GST portal made by Infosys has brought much harassment and mental agony to traders.

The Congress today claimed credit for the GST Council's decision to cut tax rates on 178 items of daily use, saying the government was forced to do so due to the pressure mounted by party vice-president Rahul Gandhi and the "huge response" his campaign had been receiving in poll-bound Gujarat.

Congress leader P Chidambaram tweeted "Thank You Gujarat" after Finance Minister Arun Jaitley announced a big overhaul of new national tax GST on Friday. Hinting that the BJP government has timed the GST Rates review with an eye on next month's crucial elections in Gujarat, Mr Chidambaram said "...Your (Gujarat) elections did what Parliament and common sense could not...

The council also made major changes to the way restaurants will be taxed.

Eating out has become cheaper after the GST Council Meeting led by Finance Minister Arun Jaitley revised the rates of the new national tax yesterday. The GST rate charged by restaurants has been cut to a uniform 5 per cent now -- from the earlier 12 per cent or 18 per cent, depending on whether you ate at an air-conditioned place or a restaurant without one. Restauran...

Prime Minister Narendra Modi on Friday said that recommendations made by the GST Council will benefit citizens and add strength to the tax structure.

The relaxations along with cut in the tax rate on more than 200 items were welcomed by traders and industry watchers alike.

The Council at its 23rd meeting in Guwahati on Friday reduced the tax rate on over 200 items

Currently, GST is levied at 12% on food at non-AC restaurants, while it is 18% for air-conditioned ones.

Madhya Pradesh minister Om Prakash Dhurve of the BJP drew muted laughter as he candidly admitted that he is not quite able to understand GST or Goods and Services Tax, stating that the new national tax has even confounded professionals. The minister was making a public speech earlier this week at a party function to celebrate a year of the notes ban, his brief undoubt...

The 23rd GST Council Meeting headed by Union Finance Minister Arun Jaitley is meeting in Assam's capital Guwahati today to review the GST rates under the national sales tax

The all-powerful GST council pruned the list of items attracting the top 28% tax rate to just 50 from 227 previously.