With the abolition of check posts, the long queues often witnessed at state borders will not be seen
Xavier Institute of Management - Bhubaneswar (XIM-B), a premier B-school, may go for hike in fees from the 2018-19 session as a possible impact of the newly introduced indirect tax regime - Goods and Services Tax(GST)." The impact of GST may be on the fees of students, not this year, from next year (2018-19) depending on how much contract renewals will cost. There are multiple service providers and the cost of their charges is most likely to go up after GST", said father Paul Fernandes, director, XIM-B.The landmark GST, one of the sweeping taxation reforms since independence, was rolled out at midnight on July 1 in a special midnight session in the central Hall of Parliament."Certainly from 2018-19 academic year, it will have an impact. Contract renewals are the areas where the major impact probably will come. There might be some percentage of hike in fees", he added."We had announced the fee structure for 2017-18 in September 2016 and we are not going to change it for the current ..
Chief ministers were not invited, but his party MPs were present on the occasion, says Kumar
GST on Braille typewriters and wheelchairs have been fixed at rates varying between 5 to 18 per cent
The state FM said action will be taken if extra rates are charged for commodities exempted from GST
In Delhi, the price of Figo has been cut by Rs 2,000, that of compact SUV Ecosport by up to Rs 8,000
The producers' council also opposed to the 30 per cent entertainment tax
Ability to handle the changes that GST entails would depend on the size and nature of a business
Analysts fear markets could correct due to initial hiccups
Govt is yet to release norms regarding various aspects relating to the anti-profiteering provisions
GST Acts don't define 'director' or make distinction between executive or non-executive directors
With no precedent for GST in India, there could be several interpretations of new framework: Experts
CBEC is prepared for the transition to the goods and services tax GST, says Vanaja Sarna
The GST Identification Number is issued to entities that are registered under the new tax regime
GST is culmination of contribution made by various people across many years
GST's combination of greatness with tragic flaw reflects Shakespeare's character of Hamlet
A change as large as this means projections could be plain wrong
The current GST is imperfect. To fix it, the government must keep an open mind about complaints
But improving GST's design should be a priority
Union Minister said he will raise the issues with Jaitley tomorrow