New Delhi: With 21 states expressing their preference for the Borrowing Option-1 proposed by the Centre to meet the GST compensation needs of states this year, decks have been cleared for …
GST compensation: 1st option set to get nod with 21 states on board Read More
New Delhi: Congress leader Rahul Gandhi on Monday launched a scathing attack on the Prime Minister Narendra Modi-led BJP government and said the central government has attacked the country’s unorganized …
BJP govt attacked unorganized economy with demonetisation, GST, lockdown: Rahul Read More
New Delhi, Aug: After company law, the government has now set out to decriminalise various offences under the GST laws to improve ease of doing business and ensure better compliance. …
Govt sets out to decriminalise GST laws Read More
New Delhi: The GST Council will meet here on Thursday to take up the single-point agenda of GST compensation to states affected by delays in the release by the Centre, …
GST Council meet on Thursday, to mull Centre’s compensation default Read More New Delhi: The Goods and Services Tax (GST), often hailed as the “biggest tax reform” in India, has evolved over the years, and the weighted rate of GST has declined in …
Evolving taxation: Weighted GST rate declines to 11.6% since inception Read More New Delhi: The Covid-induced shrinking of economic activity for the past few months continued to have its impact on government’s tax collections with revenue under the Goods and Services Tax …
Covid impact: GST collection drops 14% to Rs 87,422 cr in July Read More New Delhi: The government proposes to roll out compulsory e-invoicing of GST from October 1, but has decided to raise the threshold to exempt smaller entities from this compliance, an official …
E-invoicing of GST compulsory from Oct 1, with higher threshold Read More
New Delhi: Amid a hike in prices of petrol and diesel for the eighth consecutive day, the Congress on Sunday demanded the government bring the fuels under the goods and services …
Bring petrol, diesel under GST: Congress on fuel price hike Read More New Delhi: GST paid on invoices which have become bad debts must be paid back, Domestic Air Cargo Agents Association of India (DACAAI) said on Tuesday. At present, under the GST …
GST paid on bad debtors must be reversed: DACAAI Read More
New Delhi: In a bid to provide further relief to states amid the coronavirus outbreak, the finance ministry has released Rs 36,400 crore to states as compensation for their revenue loss …
Govt releases Rs 36,400 cr as GST compensation to states for Covid-19 expenditure Read More
