Gross GST revenue collection in October was Rs 1.72 lakh crore, which was Rs 10,000 crore more than the intake last month. This is also the second-highest ever collected, next…
GST
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Gross GST revenue collected in September was Rs 1.62 lakh crore, which showed a slowing pace of increase in collections as the economy moves to a slower growth rate in…
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Members of Opposition parties in Lok Sabha and Rajya Sabha will hold a joint protest against inflation and GST rates hike near the Gandhi statue in Parliament on Wednesday. As…
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Prices of several household items like packed curd, lassi, buttermilk, paneer, wheat and rice will go up while bank services and hospital room rent will become costlier from Monday after…
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Just three months after storming to power in Punjab, the Aam Aadmi Party (AAP) finds itself on a sticky wicket, particularly over the deteriorating law and order situation and the…
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Senior Congress leader Shashi Tharoor on Tuesday attacked the Centre over the glitches in the new Income Tax portal, alleging that even after spending Rs 4,200 crore on it, the…
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The GST Council on Saturday slashed tax on Covid-19 drugs, medical oxygen and oxygen concentrators, but ignored the demand for cut in tax on vaccines. It slashed to nil the…
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Days after the Finance Ministers of Punjab and West Bengal had questioned the Centre for not convening the GST Council for over six months, Union Finance Minister Nirmala Sitharaman said…
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Finance Minister Nirmala Sitharaman on Sunday said GST exemption to domestic supplies and commercial import of COVID drugs, vaccines and oxygen concentrators would make these items costlier for consumers as…
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The Confederation of All India Traders (CAIT) has called for a nationwide bandh on February 26 against several “arbitrary” and “draconian” provisions of the Goods and Services Tax (GST). CAIT…
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India has moved into 2021 with the following crisis. Indians are looking at the government for its solution. Government’s stok silence on all these issues speaks to its inability to…
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GST an ‘absolute failure’, second major attack on India’s unorganised economy, claims Rahul Gandhi
by Abbas AdilCongress leader Rahul Gandhi on Sunday said the NDA’s Goods and Services Tax (GST) is not a tax system but an “attack” on India’s poor and on its small and…
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New Delhi: Indian tax authorities have alleged that a number of big multinational companies have not passed on benefits from a tax cut to customers, a senior government official told…
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New Delhi: Congress President Rahul Gandhi has given broad hints of his party’s plans for boosting entrepreneurship, start-ups and jobs by promising to do away with the angel tax and…
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Kolkata: As she led thousands of hungry, half-clad and angry farmers on the dusty streets of Singur and Nandigram over a decade ago, defying the mighty Communist regime of West…
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Chennai: Observing that the Central Goods and Services Act was enacted with the laudable object of “one country one tax”, the Madras High Court on Tuesday dismissed the anticipatory bail…
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Finance Minister Considers Steps To Prevent Composition Dealers From Charging GST From Buyers
by Abbas AdilNew Delhi: In a consumer-friendly measure, the revenue department is planning to make it mandatory for composition dealers and service providers to declare their GST registration status in invoices to…
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Reserve Bank of India Offers Relief To MSMEs; Allows Restructuring of Loans Upto Rs 25 Crore
by Abbas AdilMumbai : The Reserve Bank of India has allowed a one-time restructuring of existing debt of up to 25 crore rupees for the companies which have defaulted on payment but…
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In a move aimed at appealing to the common man, the central government on Saturday slashed rates on 23 commonly used goods and services. Addressing a presser after chairing the 31st…
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In a relief to the common man, the GST Council on Saturday cut rates on 23 commonly used goods and services, including TV screens, movie tickets and power banks. The…