Former Finance Minister Arun Jaitley on Monday said the 12 and 18 per cent tax slabs in goods and services tax (GST) could be merged going
The World Bank retained its forecast of India’s growth rate at 7.5 per cent for the current financial year. In its Global Economic
GST collections in January crossed Rs 1 lakh crore-mark, after a gap of 2 months, the Finance Ministry said Thursday. “The total gross GST
Going forward, as tax revenues significantly increase, India will have GST slabs of 0 per cent, 5 per cent and a standard rate between 12-18 per
GST collections declined to Rs 93,960 crore in August the lowest monthly mop up so far this fiscal as consumers deferred purchase of goods to
Rating agency Moody’s on Monday said the recent GST rate cuts on 88 items will weigh on government’s revenue collection and is credit
Union Minister Arun Jaitley on Friday exuded confidence that GST rates on cement, ACs and televisions will be cut as tax revenues increase, and
Home Minister Rajnath Singh, on Monday, said the central government is open to further review of the GST rates of different items as it has just
The GST Council has pruned the 28 per cent slab by cutting tax rates on 191 goods over the last one year, leaving just 35 items, including AC,
Stressing that India has been able to implement the major indirect tax reform GST in a least disruptive manner, Union Minister Arun Jaitley on
On the first anniversary of the GST regime, Prime Minister Narendra Modi on Sunday hailed the tax as a tool that has brought growth, simplicity
Billed as the biggest macro economic reform since independence, the Goods and Services Tax (GST) completes one year of its implementation on
The GST collection in April crossed the Rs 1 lakh crore mark for the first time, indicating stabilisation of the new indirect tax regime that was
The Centre favours including petroleum products in the ambit of the Goods and Services Tax (GST) but it would want a consensus with the states