The finance ministry, faced with a steep revenue collection target for 2019-20, is exploring whether the goods and services tax (GST) can be imposed on
Category: GST
With GST compensation cess falling short, states may agree to raise rates at the lower end – The Financial Express
Even if the Centre guarantees a 14% growth in state GST revenues for another five years, in case the compensation cess falls short, the states
Trucking industry in need of a lifeline, not just GST rate cut, say players – The Hindu BusinessLine
‘Only an all-round recovery of the economy can revive demand’ Even as the auto industry clamours for fiscal relief in the form of a GST
Shield state finances from the slowdown–Economic Times
Shield state finances from the slowdown States should worry that continued economic slowdown would hold down their tax revenue from the goods and services tax
Restoring high growth | Business Standard Column
The recent corporation rate tax cuts have enthused the share market but are not sufficient to lift the growth rate to anywhere near the levels
Indirect tax board removes circular on GST, but confusion remains | Business Standard News
The indirect tax board had removed a “controversial” circular that imposed goods and services tax (GST) on post-sale discounts by dealers, but it has done
GSTR-9 due date: GSTR-9 is exceedingly complex. Things to consider in simplifying it
By Archit Gupta The Goods and Services Tax has been the most important indirect tax reform of India. GSTwas introduced with a noble objective of
Kerala finance minister Thomas Isaac blames ‘mess in GST’ for low mop-up | Business Standard News
The dwindling goods and services tax (GST) collections, which fell to a 19-month low in September, have triggered a war of words between Kerala Finance
MP, Punjab express concerns over delay in release of GST share by Centre | Business Standard News
Madhya Pradesh and Punjab on Thursday raised concerns over delay in release of GST revenue and other funds by the Centre to the states, saying
Auto sector slowdown, widespread rainfall in Aug impacted GST mop-up, says Centre – The Hindu BusinessLine
The Centre has blamed the cyclical slowdown in sectors such as automobile and widespread rainfall during August for the low Goods and Services Tax (GST)
Dip in GST collections tells a story – The Hindu BusinessLine
Reviving economic activity along with streamlining glitches in the GST network can make a difference. In the current scenario, both the Centre and States’ finances will be
How GST is hurting this set of Indian SMEs, global competitiveness lost – The Financial Express
By Abhishek A Rastogi and Pratyushprava Saha Trade, Imports, Exports for MSMEs: Small and medium enterprises (SMEs) acting as intermediaries or agents of businesses in India
GST revenue: GST collection slips below Rs 1 lakh crore mark to Rs 91,916 crore in September–Economic Times
The government has already transferred Rs 27,955 crore to the states in the form of compensation in June-July this year and Rs 17,789 crore in
GST: The challenges before India’s largest indirect tax reform – The Economic Times
Bibek Debroy, chairman of the Economic Advisory Council to the Prime Minister, concedes that the GST is still a work-in-progress. Related Sanjay Panjabi’s family has
There should be just 3 GST rates: 6, 12 & 18%: Bibek Debroy – The Economic Times
Chairman of the Economic Advisory Council to the Prime Minister Bibek Debroy tells Shantanu Nandan Sharma the goods and services tax (GST) is still a work in
E-commerce sales depriving govt of GST revenue, traders’ body tells Nirmala Sitharaman; seeks probe – The Financial Express
The letter also drew Nirmala Sitharaman’s attention towards 10 per cent to 80 per cent of ‘deep discounting’ on goods sold on online platforms. Traders’
Thanks to the new online system, GST refunds will be seamless, pick up speed: GSTN chief – The Hindu BusinessLine
Disbursement of refunds to get faster, says GSTN chief Goods & Service Tax (GST) assesses are now going to have seamless refund mechanism, as GSTN,
‘Blunder of DeMo, faulty GST implementation behind the slowdown’ – MONEY & BANKING – The Hindu BusinessLine
The government must simplify and rationalise GST, kickstartrural consumption, revive agriculture and tackle the lack ofcredit for capital creation, says former PM Manmohan Singh Sharing
GST amendments: A bid to iron out the issues – The Hindu BusinessLine
While the GST Council did address some aspects that were causing pain, sector-specific measures were a given a miss On September 20, taxpayers were looking
Why gaps in anti-profiteering law is a question mark on mechanism, unfair for SMEs – The Financial Express
By Abhishek A Rastogi and Pratyushprava Saha Taking cues from global encounters post-implementation of VAT/GST, the Indian Government was anxious about the possible inflationary tenors