Tag: goods and services tax
November GST mop-up grows slowest in fiscal due to rates revamp
New Delhi: India's gross goods and services tax (GST) collection increased a modest 0.7% year-on-year in November to ₹1.70...
GST collections rise 4.6% to Rs 1.96 lakh crore in October despite tax cuts
Goods and Services Tax (GST) collection rose 4.6% in October, amounting to Rs 1.96 lakh crore, compared to Rs...
GSTAT: The missing piece in India’s GST framework finally falls in place
Eight years! That’s how long it has finally taken for the Goods and Services Tax Appellate Tribunal (GSTAT) to...
GST cuts to boost economy, but revenue loss could hit banking sector: Report
While the government has estimated an annual revenue loss of about Rs 480 billion, due to the reduced Goods...
GST reforms to inject Rs 2 lakh cr into economy, boost demand across sectors
Kolkata: Union Finance Minister Nirmala Sitharaman on Thursday said the latest round of Goods and Services Tax (GST) reforms...
GST reforms not linked to Trump tariffs, clarifies Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said the Goods and Services Tax (GST) reforms were planned well in advance...
GST collections may dip initially, but festive demand will offset: CBIC chief
The Central Board of Indirect Taxes and Customs (CBIC) indicated on Thursday that Goods and Services Tax (GST) collections...
SBI to states: Don’t fear PM Modi’s Diwali GST gift, you’ll still be net gainers
State Bank of India estimates Indian states to remain net gainers from GST collections in this fiscal year despite...