"The GST collection has gone above Rs 1 lakh crore per month. It will remain good in the days to come," Ms Sitharaman said.
Union Minister of State for Home G Kishan Reddy on Wednesday asserted that it is the "moral responsibility" of India to give shelter and citizenship to Hindus and other minority communities of Pakistan, which has been persecuting them persistently.
The government's collection of gross revenue from GST or goods and services tax stood at Rs 1,03,184 crore last month. That marked an increase of 8.93 per cent compared with the corresponding period a year ago. GST collection had come in at Rs 94,726 crore in December 2018, according to an official release. On a month-on-month basis, however, GST revenue declined 0.30...
The Indian economy would rebound in the future and the current slowdown was cyclical, Vice-President M Venkaiah Naidu said at the 102nd annual conference of the Indian Economic Association today.
The Committee will examine and resolve all issues being faced by the taxpayers, including procedural difficulties and IT-related issues pertaining to GST.
The stakeholders have told the officers' panel that manufactured goods, such as fertilizers, mobile phones, footwear, renewable equipment and man-made yarns, which are in lower rates slab (5-12 per cent) suffer the "inverted duty structure" (IDS).
About regulatory issues in the country, Ms Gopinath said that regulatory uncertainty in India is one of the reasons for the ongoing economic slowdown.
An array of developments, ranging from GST and demonetisation to corporate tax rate cut and banking reforms, has transformed the economic landscape of the country.
India is among the top 10 nations which have in last three years made the maximum improvement in ease of doing business ranking, PM Modi said.
Briefing reporters after the meeting of the Council, Revenue Secretary Ajay Bhushan Pandey said the new rate for lottery will come into effect from March 2020.
GST Council decided to exempt long term lease on industrial plots to facilitate setting up of industrial parks.
This is the first time since the launch of the new overarching indirect tax that the Council has taken a decision through the voting route.
The Maharashtra government has asked the Centre to extend help to the tune of Rs 14,000 crore for all damages caused by natural calamities in the state, Finance Minister Jayant Patil said on Wednesday.
Gains in steel and select banking stocks pushed the markets higher. Analysts awaited the outcome of a key meeting of the GST Council due later in the day for domestic cues.
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दूसरी आज़ादी लाई GST - पहले परांठा, अब आटा, हीरे पर कम, स्याही पर ज़्यादा...Ravish Kumar
Tuesday July 19, 2022मोहम्मद ज़ुबैर का केस कानून की प्रक्रिया को लेकर एक गंभीर बहस का मुद्दा बन गया है. महंगाई से लेकर मुकदमे का एक ही हाल है.अब तो चीफ जस्टिस भी कह रहे हैं कि जल्दबाज़ी में गिरफ्तारी होने लगी है.
Opinion: GST, Historical Tax Reform, At 5 Years, Has Lost Its WayAndy Mukherjee | Bloomberg
Thursday July 07, 2022Five years ago, India's federal and state governments struck a historic deal. From July 1, 2017, a uniform tax on goods and services - marketed by Prime Minister Narendra Modi as "One Nation, One Tax, One Market" - replaced a bewildering array of loc
Opinion: In GST Row, Centre Throws Nationalism Argument At StatesPraveen Chakravarty
Monday August 31, 2020Rules by bureaucrats, legalese by lawyers and analysis by economists are cold, futile methods to resolve this crisis when the need of the distressed hour is a warm, empathetic hand of the political leadership.
Blogs: सरकार ने दी कॉरपोरेट टैक्स में राहत, क्या आम आदमी को होगा फायदा?Ravish Kumar
Saturday September 21, 2019अगले शुक्रवार का इंतज़ार कीजिए क्या पता आम लोगों का भी टैक्स से राहत मिल जाए, या क्या पता पुरानी पेंशन व्यवस्था ही बहाल हो जाए. वित्त मंत्री जिस तरह शुक्रवार को अपना नया बजट पेश कर रही हैं, राहतों का एलान कर रही हैं, उसमें कुछ भी उम्मीद की जा सकती है. आखिर कारपोरेट ने कब सोचा होगा कि सरकार उसे एक दिन 1 लाख 45 हज़ार का घाटा उठाकर करों में छूट देगी. इस फैसले को ऐतिहासिक और साहसिक बताया गया है.
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