Other Briefings
India Makes Progress on GST Implementation
India moved closer towards implementing a Goods and Services Tax with the conclusion of the latest meeting by the Empowered Committee of State Finance Ministers this Wednesday.
Indian Wages Amongst Most Competitive in Manufacturing Asia
The development of an inexpensive and young labor pool in India will have profound implications for global manufacturing over the next two decades. Now is finally India’s chance to show that it too, like China, can be the workshop of the world and export “Made in India” labels around the globe.
GST Roadblocks Continue to Impede Progress in India
By Sofia Liska May 22 – India has been trying to shift from consumption taxation to the goods and services tax (GST) for some time now. Unfortunately, there are a few obstacles that have continued to impede the progress of this transition. This article will discuss those obstacles. It is important to know that the […]
Panel Discussion to Be Held on GST
Aug. 15 – On August 19, 2011 the Empowered Committee of State Finance Ministers on the Goods and Services Tax (GST) will meet to discuss various issues related to the rollout of the ambitious indirect tax regime. The government is eager to launch the GST. This will be the first meeting of the board under […]
Delhi Proposes Exclusion of Diesel, Petrol and Healthcare from New India GST
Aug. 4 – The New Delhi government is proposing that diesel, petrol, compressed natural gas and health care services be excluded under India’s new Goods and Services Tax (GST) scheduled to be implemented next year. “Several other states have also supported our view to keep petroleum products and CNG out of the ambit of GST. […]
India GST: Indian States Request Central States Tax to Remain
Jul. 29 – Indian states are proposing that Central States Tax (CST) still be applicable when the pending Goods and Services Tax (GST) is implemented. The local government wants the CST to remain in the first few years of India’s GST application as a way of ensuring revenue for them. The union government recently recommended […]
Goods on India GST Exempted List May Qualify for Lower Tax Rate
Jul. 2 – India may allow lower tax rates for goods taken out of the tax exemption list when the new Goods and Services Tax (GST) is implemented next year. The tax exemption list currently names 350 goods. Goods taken out of the list will be considered to be the same level as essential goods, […]
India GST Rate Favored at 16 Percent
Feb. 9 – India’s Finance Ministry is considering a rate of 16 percent for the proposed Goods and Services Tax (GST) for both Center and states combined on companies and traders with annual turnover of US$21,609 and above. The new tax will help simplify goods production by setting one tax structure instead of India’s current […]
