The government scrapped a controversial tax on sanitary pads on Saturday, a move hailed by campaigners who say it will help more girls to go to school during their periods and boost their job prospects.
Maharashtra milk price protest: The farmers' groups are demanding a GST waiver on butter and milk powder apart from the subsidy.
Finance Minister Piyush Goyal has said that the Goods and Services Tax (GST) has worked well in past one year and has generated sufficient revenue.
The Indian Institute of Management-Ahmedabad (IIM-A), which has been issued an Rs 52-crore GST notice, has requested the Union HRD ministry to intervene with its finance ministry counterparts to resolve the issue, saying the move will hit its finances.
Union Finance Minister Piyush Goyal today said that the proposal of some political parties for a single GST rate slab was a "ridiculous suggestion".
A Rs 43 crore tax evasion fraud in the Central Goods and Service Tax (CGST) was unearthed today, official sources said.
Hari Singh, 58, and Mukul Sahni, 25, are truck drivers over three decades apart in age, but bound by a fascination for a new document that's part of the centre's GST regime - the E-way bill.
Prime Minister Narendra Modi has executed a "lethal surgical strike" on 125 crore Indians by not providing jobs and implementing the notes ban and the Goods and Services Tax or GST, Dalit leader Jignesh Mevani has said.
In perhaps his strongest defence of handling of the economy, Prime Minister Narendra Modi said his government steered the Indian economy out of "unbelievable" decay left by an "economist prime minister and a 'know-it-all' finance minister".
GST revenue mop-up rose to Rs 95,610 crore in June from Rs 94,016 crore in the previous month, Finance Secretary Hasmukh Adhia said yesterday.
Emphasizing that India has been able to implement the major indirect tax reform GST in the least disruptive manner, Union Finance Minister Arun Jaitley said the best of the new regime in terms of contribution to the society was yet to come.
Prime Minister Narendra Modi today ruled out a single tax rate under the GST, saying Mercedes car and milk cannot be taxed at the same rate adding that accepting Congress party' demand for a uniform 18 per cent rate would lead to a spike in food and essential items' taxation.
Union minister Arun Jaitley said today there was an increase of 18 per cent in direct taxes last year due to the Goods and Services Tax or GST and demonetisation. In the last four years of NDA government, there has been an increase of 1.5 per cent in overall taxes, the minister said.
Former Finance minister P Chidambaram today attacked the government on the first anniversary of the rollout of the Goods and Services Tax (GST), claiming it had raised the tax burden on the common man and had become a "bad word" among people.
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