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MRP rules under GST released. Read here

The government on Tuesday announced rules regarding MRP or maximum retail price for goods under the GST (goods and services tax) regime that was rolled out at the midnight of Friday and Saturday. There has been ample confusion among both consumers and retailers regarding how the MRP changes will reflect under GST. "Under

GST impact: What may get costlier, what may get cheaper

A gong sound at midnight in Parliament’s central hall will mark the switchover to GST. It will kick in from July 1, ending more than 11 years of hectic confabulations among the Centre and the states shepherded by several Union and state finance ministers, and withstanding testy relations often marked

How GST May Impact Prices Of Goods

GST or goods and services tax will change the indirect tax landscape of the country from July 1, subsuming over a dozen of state and central taxes. Since GST is meant to eliminate "tax on tax", experts say overall tax burden on goods is expected to fall over time. Many

GST: Get set for tomorrow

NEW DELHI: India is bracing with tense anticipation for the inauguration of the goods and services tax (GST), which is expected to rewrite the rules of business, while reducing the burden on the common man. GST is billed to integrate India into a common market, bigger than the European Union. Proponents