All You Need To Know About The Goods And Services Tax (GST)

The Logical Indian Crew

May 23rd, 2017 / 6:00 PM

Image Credit: outleadership

The Goods and Services Tax (GST) is an upcoming system of taxation in India which will merge many individually applied taxes into a single tax. It was introduced through the passage of the 101st Amendment.

The GST is governed by the GST Council and its Chairman is Finance Minister Arun Jaitley.

The government has categorised 1211 items under various tax slabs. With its diverse implications and ambit, the GST will be the biggest taxation shake-up in India since independence. Here are the main points about GST that you should know about before it is implemented from 1 July 2017.
























 

 

 


Contributors

Written by :

Edited by :

Share your thoughts..

Related Stories

Raghuram Rajan

Don’t Cut GST Rates So Frequently, Let The Economy & Tax System Stabilise First: Former RBI Chief Raghuram Rajan

Differently-Abled GST

Differently-Abled To Pay Tax For Goods Under GST Which Were Earlier Exempted

GST Council

GST Rates On 66 Items Revised By GST Council; Know About It

GST To Be Effective From July 1, Know The Difference Between The UPA’s 2011 GST And The Current Bill

Rajya Sabha Passes GST Bills

Rajya Sabha Passes 4 GST Bills, Possible Roll Out On July 1; Consensus Between BJP & Congress

GST Bills

Know About The 4 GST Bills Cleared By The Cabinet, Could Become Part Of Taxation From July 1

Latest on The Logical Indian

News

Hyderabad Corporator Takes A Tough Stand Against Sewage Problems, Sits In Sump For 3Hrs

News

Total Amount Invested By EPFO As On June, 2018 Is Rs. 48,946 Cr : Labour Minister

News

HC Says ESI Corporation Cannot Deny Certificate To The Employees For Late Filing Of Returns

News

GST Council Meet: Government Cuts GST Rate On 88 Items, Makes Sanitary Napkins Tax-Free

News

Accused Of Rape, Haryana Temple Priest Arrested After Raping Video Goes Viral

News

Another Mob Lynching In Alwar On Suspicion Of Cow Smuggling, Fathers Demands Justice For Son

x

Stories that deserve attention, delivered to your inbox!

Handpicked, newsworthy stories which deserve the attention of a rational generation.