Clipped from: https://indianexpress.com/article/opinion/columns/p-chidambaram-writes-time-for-an-apology-10248428/?ref=opinion_hp In the first part-year (July 2017 to March 2018), the government collected about Rs 11 lakh crore. In 2024-25, it collected about Rs
Category: GST
*****Govt seeks monthly reports on pricing after GST rate cuts from Sep 22 | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/govt-seeks-monthly-reports-on-price-changes-after-gst-rate-cuts-from-sep-22-125091201334_1.html In the circular, which is seen by Business Standard, the CBIC directed principal chief commissioners to compile commodity-wise price data from trade associations
GST 2.0 will boost growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/gst-20-will-boost-growth/article70038895.ece The reforms are both citizen- and business-friendly The 56th meeting of the GST Council on September 3 marks one of the most significant
*******GST 2.0: Towards simpler and citizen-centric indirect tax regime | Expert Views – Business Standard
Clipped from: https://www.business-standard.com/opinion/columns/gst-2-0-towards-simpler-and-citizen-centric-indirect-tax-regime-125090801127_1.html The GST Council’s efforts at rationalisation have steadily lowered the system’s complexity while sustaining revenue buoyancy The 56th meeting of the Goods and
*******Officials explore input tax credit fixes for smooth GST transition | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/officials-explore-input-tax-credit-fixes-for-smooth-gst-transition-125090801362_1.html Suggest allowing unused ITC for SGST payments, Customs duty offsets, or tradable scrips The meeting, chaired by Cabinet Secretary T V Somanathan, was
If hotels charge 7500/*-or more for your room –what it means to others ? – Reference to news item BL
Full GST waiver could push up costs: Insurers – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/full-gst-waiver-could-push-up-costs-insurers-3952640/ India’s life and health insurers say a full GST exemption on premiums would force them to pass the 18% tax on various input
Building a better GST: New reforms mark progress, but more is needed
Clipped from: https://www.business-standard.com/opinion/columns/building-a-better-gst-new-reforms-mark-progress-but-more-is-needed-125081700838_1.html The call for a single rate correctly identifies this multiplicity as a central problem IGST collections come to the Union, and are then
GST reforms: Suggestions to boost ease of doing business and reduce costs
Clipped from: https://www.business-standard.com/opinion/columns/gst-reforms-suggestions-to-boost-ease-of-doing-business-and-reduce-costs-125081800003_1.html There should be no restrictions on taking input tax credit (ITC), on the essential principle that once tax is paid, it should either