Telecom rates unchanged; meeting on June 18 to discuss residual issues
GST Council announced applicable rate of 5% today from 18% earlier
This comes after Abbott had earlier stated that it will reimburse trade partners for losses
Says regime should be such that common man and small traders benefit alike
Some of the players in the GST race are Payworld, Dell, Tally Solutions
After growing rapidly over the past decade, companies are expected to maintain the momentum
In the coming GST regime, imported goods attract IGST instead of present additional customs duty
We run risk of 2017-19 being consumed by GST just as 2016-17 suffered on account of demonetisation
Reforms were aimed to help the industry and the government stood by its commitment, says Meghwal
Jaitley said weighted average of all rates decided by council is lower than present tax incidence
Mitra said West Bengal has been the 'pioneer' in seeking GST implementation
Council had received representations for 133 items; GST on movie tickets below Rs 100 cut to 18%
Airlines are in a fix over the possibility of movement of aircraft parts being taxed under the GST
Government plans to put in place a monitoring mechanism in this regard
Only while uploading the data on GST portal, internet connectivity will be required
GST rate of 12% is proposed for apparel costing above Rs 1,000 and 18% for footwear above Rs 500
Paying more tax than collected from customers may block about three-fourths of their working capital
Cygnet Infotech's founder says worst fears coming true as July 1 doesn't appear as feasible deadline
Every transaction - sale or purchase - will have to be recorded online to gain from tax paid earlier
Interview with Adi Godrej, Chairman, Godrej group